Chevron at final stage for Oleska Shale Gas project After Eni and Shell, which signed a production sharing agreement (PSA) respectively in June 2012 and January 2013, Chevron is reaching the final stage to close also a PSA with the State Government and Regional Councils of Lviv and Ivano-Frankivsk to explore and develop the Oleska shale …
Ukraine in rush for gas independence with Chevron, Shell and Eni Read More »
ReadRiCoal selected Rostov for its Petrochemical complex The Russian joint venture RiCoal Chemical Coal Plant (RiCoal) is planning to build a world-scale Coal-to-Olefin and petrochemical complex in Rostov-on-Don in the south of Russia. Estimated to require $2.5 billion capital expenditure, RiCoal selected Rostov-on-Don location because of available coal and natural gas available in the region and …
RiCoal to build world-scale Coal-To-Olefin complex in Russia Read More »
ReadShell and Ukraine signed $10 billion deal in Davos Shell‘s Chief Executive Officer, Peter Voser, and Ukraine’s President Viktor Yanukovich took the opportunity of the World Economic Forum in Davos to sign a $10 billion agreement to develop shale gas resources in Ukraine. Last May 2012, Ukraine had selected two major international oil companies, Chevron …
Shell to break Gazprom gas monopoly in Ukraine Read More »
ReadShell to invest $20 billion in LNG and GTL for 2012 – 15 During Investors day in London, the major Royal Dutch Shell plc ( Shell) presented last week, its vision on the gas future global market and its strategy to sustain a profitable growth and market leadership in this sector. Compared with the other major …
Shell confirms its integrated gas strategy Read More »
ReadHarness natural energy resources for human benefit In 1991, the Russian Government published the decree to establish the Langepas Uray Kogalymneft Petroleum Corporation. In 1993, the Langepas Uray Kogalymneft Petroleum Corporation was transformed in open joint stock company under the name of Lukoil Oil Company. Today, Lukoil is listed in London Stock Exchange with the capital dominantly …
ReadAmong world top ten privately owned oil producers Headquartered in Moscow, Russia, TNK-BP was established in 2003 from the merger between BP Russia oil and gas assets and the local consortium Alfa-Access-Renova (AAR). Created on a balanced base, BP and AAR‘s stakeholders agreed to own 50% each of the newly formed TNK-BP entity. Through …
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