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Mozambique Government approved Shell’s offer on Cove Energy
Shell proposes $1.8 billion cash to acquire Cove Since Shell and PTTEP from Thailand were competing to take over Cove Energy (Cove), Shell had made a first offer based on $0.195 per share, representing...
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Qatar refuels $400 million into the Mostorod Refinery
The $3.6 billion ERC Refinery to move on again The Mostorod Refinery project had been left on hold for more than one year because of the political context in Egypt while Egyptian Refining Company...
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Mozambique battle intensifies between Shell and PTT
PTTEP bids above $1.9 billion cash to acquire Cove The state owned company PTT Exploration and Production Public Company Ltd (PTTEP) announced the terms of its new offer in cash to acquire the entire...
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Sinopec and Mitsui in $320 million JV for Shanghai ETP
Sinopec and Mitsui to create world largest EPT plant Shanghai Sinopec Mitsui Elastomers Co., Ltd. was established on 28 May 2012 to build an ethylene-propylene-diene terpolymer (EPT) production plant...
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Kemya awards $3.4 billion Al-Jubail Elastomer project
ExxonMobil and Sabic to build a world scale synthetic rubber greenfield plant in Middle-East Al-Jubail Petrochemical Company (Kemya) is a 50/50 joint venture between Saudi Basic Industries Corporation...
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Major Shell leaves Cover Energy to the National PTT
Shell do not revise its offer on Cove Energy against PTT Last February, Shell Exploration and Production B.V.(Shell) had made an offer on to take over Cove Energy (Cove), then the Thai National Oil...
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Anadarko gears up on Mozambique LNG
Mozambique to join Qatar and Australia LNG exporters Anadarko Petroleum Corporation (Anadarko) and its partners Mitsui E&P, BPRL Ventures Mozambiques, Videocon Mozambique, PTTEP after acquiring...
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Iraq gas recovery to increase pace for fertilizers projects
Mitsui, Toyo and Unico study $2 billion fertilizer project A Japanese consortium made of Mitsui, Toyo Engineering Corporation (Toyo) and the consulting company Unico International Corporation (Unico)...
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Sinopec in brief
To be a world-leading Energy and Chemical Company China Petrochemical Corporation (Sinopec Group) was established in July 1998 on the basis of the former China Petrochemical Corporation. Sinopec Group...
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PetroChina to replace BHP Billiton in Browse LNG project
CNPC to pay BHP $1.6 billion for 10% of Browse LNG The super giant China National Petroleum Corporation (CNPC or PetroChina) is to acquire the 10% stakes held by BHP Billiton in the $40 billion capital...
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One Day – One Country: Mozambique
Mozambique Key Projects and Business Highlights In 2012 Mozambique has emerged as a new star in the oil and gas universe with series of major discoveries in the Rovuma Basin, offshore the west coast of...
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KBR to provide cracker technology to Cambodia first refinery
SINOMACH and CPC to build first Cambodia refinery On December 28th 2012, China Perfect Machinery Industry Corp (SINOMACH) and Cambodia Petrochemical Corporation (CPC) made the final investment decision...
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Qatar Petroleum Ras Laffan Refinery phase 2 at last round negotiations
Technip completed FEED for Ras Laffan Refinery Expansion project Since Technip completed the front end engineering and design (FEED) contract the Ras Laffan Refinery Expansion project is moving into...
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Eni and Anadarko in parallel talks for partnership in Mozambique
Eni ready to sell 20% stake in Rovuma to CNPC Although Eni from Italy and Anadarko Petroleum (Anadarko) from US had decided to team up in the onshore part of Mozambique liquefied natural gas (LNG)...
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Dow Chemical unveils US Gulf Coast performance plastics projects
Technip completes FEED on Freeport ethylene cracker To optimize the competitive advantage of the US glut of shale gas, the Dow Chemical Company (Dow) is planning to increase locally the number and...
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Rosneft and Mitsui to develop Russia FEPCO petrochemical project
Rosneft and Mitsui signed MOU for Nakhodka complex During the visit of Prime Minister of Japan Shinzo Abe to Russian President Vladimir Putin on April 29th, 2013, the Russian oil and gas and...
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Anadarko at feasibility study on Offshore Mozambique LNG
Anadarko combines subsea and FPU in Rovuma Area-1 The Houston based Anadarko Petroleum (Anadarko) and its partners Mitsui E&P (Mitsui), BPRL Ventures Mozambique B.V. (BPRL), Videocon Mozambique...
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Cameron LNG next in-line for USA Export LNG appproval
Sempra at final stage for Cameron LNG FERC approval The California-based company Sempra Energy (Sempra) and its partners, GDF-Suez from France, Mitsubishi Corporation (Mitsubishi) and Mitsui & Co,...
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Chevron intends to stay in the lead in Thailand with Ubon project
Chevron and partners pre-qualify contractors for Ubon The US super major Chevron and its partners, the Thailand national oil company PTT Exploration and Production Public Company Ltd (PTTEP), Hess from...
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One Day – One Country: Russia
Russia Key Projects and Business Highlights In acquiring TNK from BP, Rosneft became this first half 2013 the world largest oil & gas and petrochemical company, ahead of ExxonMobil or China...
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One Day – One Country: USA
USA Key Projects and Business Highlights In June 2013, the US energy agency, Energy Information Administration (EIA) updated its estimation of the shale gas reserves in the world and published its...
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Chevron and PTTEP prepare tenders on Thailand Ubon offshore project
Chevron to tender Ubon Offshore Platform and FPU The California-based company Chevron and its partners, PTTEP from Thailand, Hess from USA and Mitsui Oil (Mitsui) from Japan are preparing the calls for...
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PTTEP and Chevron to call for Thailand Arthit Field Development
PTTEP to add Arthit South Gas Gathering Platform The Thailand national oil company (NOC) PTT Exploration and Production Public Company Ltd (PTTEP) and its partners, Chevron from USA and Mitsui Oil...
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