US Gulf of Mexico

Castleton Commodities selects US Louisiana for new methanol plant

CCI to build world-scale Plaquemines Parish Methanol The global trading company Castleton Commodities International (CCI) selected Louisiana in USA to build a greenfield methanol plant. CCI announcement comes after a series of similar decisions from companies such as Benteler, CF Industries, Cheniere Energy, Cornerstone Chemical, Dow Chemicals, Dyno Nobel, Nucor or Sasol which decided to go …

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Shell Anadarko and Statoil at concept study on Vito US Gulf of Mexico

Shell and Statoil compare EOR solutions to boost Vito The Royal Dutch Shell (Shell), the US independent company Anadarko Petroleum Corporation (Anadarko) and the Norwegian national oil company (NOC) Statoil are mobilizing their best experts in enhanced oil recovery (EOR) techniques to compare the different solutions to boost the production from the Vito oil and …

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Green light to Pieridae Goldboro LNG project on East Coast Canada

Goldboro LNG received Nova Scotia EA approval The young Pieridae Energy Ltd (Pieridae) company received the environmental assessment (EA) approval for its liquefied natural gas (LNG) export terminal project to be located at Goldboro in the Province of Nova Scotia, on the East Coast of Canada. If number of LNG export terminal projects have been announced …

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Shell and Nexen in design phase for Gulf of Mexico Appomattox platform

Shell and Nexen to take experience from Olympus In order to develop the challenging Appomattox oil field in the US Gulf of Mexico, the Royal Dutch Shell (Shell) and its partner Nexen, a wholly owned subsidiary of the China National Offshore Oil Corporation (CNOOC), intends to take the lessons learnt from the Olympus Tension Leg …

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BP to increase capital expenditure to $27 billion annually by 2020

BP to focus on crude oil Exploration & Production  UK major BP PLc (BP) is planning to increase its capital expenditure per year from $19 billion in 2011 and $22 billion in 2012 to $24 billion in 2014 and $27 billion by 2020. After Macondo blow and TNK-BP turbulences, BP is presenting its strategy to boost …

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