State-owned PetroChina announced Thursday its acquisition of a 25% stake in the West Qurna 1 block in southern Iraq from ExxonMobil. In a brief statement, PetroChina said it "makes formal delivery ... for the acquisition" in the technical ...
Tags: PetroChina, Mineral
Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), has received orders from Hyundai Heavy Industries Co., Ltd. (HHI) of Korea for four Ultra Steam Turbine ...
Tags: MHI-MME, HHI, Ultra Steam Turbine, LNGC, PETRONAS, Malaysia
ROC advises that BC Petroleum Sdn Bhd (BCP), the company incorporated to operate and manage the Cluster RSC in Malaysia, has commenced a programme of Extended Well Testing (EWT) on the 2 well utilising the recently commissioned Early ...
Japan and Canada formally cemented a bilateral pact Friday to stimulate trade and investment opportunities in oil and LNG by sharing information and creating a forum to deal with energy issues. Japan's Economy, Trade and Industry Minister ...
Tags: pipelines, regasification plants
Brazil's government plans to finance state-run oil company Petroleo Brasileiro SA's participation in the October 21 auction of Libra, country's largest-ever oil discovery, the Estado de S. Paulo daily newspaper reported on Saturday. The ...
Tags: oil, Metallurgy, Mineral, Energy
Producers in Alberta's liquids-rich shale play at Duvernay are likely to invest some C$1 billion ($955 million) in drilling activities over the remaining six months of 2013, with that figure likely to rise further next year, oil and gas ...
Taiwan's Kuokuang Petrochemical Technology Co is considering to set up an integrated refining and petrochemical complex in Pengerang in the state of Johor in Malaysia, rivaling state-owned Petronas' Refinery and Petrochemical Integrated ...
The development of a grassroots LNG industry in western Canada's British Columbia will be a key factor in companies finalizing plans to invest in new petrochemical ventures in neighboring Alberta, industry officials and producers said late ...
Tags: Canada, LNG Projects, Chemicals
A combination of new supply sources and rising costs at home could mean Australia's burgeoning LNG sector losing ground to new players, several speakers at an oil industry conference in Brisbane warned this week. On Sunday the chief ...
Tags: Australian LNG, New Supply
The location and nature of the Scarborough natural gas field off Western Australia mean the project will be "very challenged from a cost point of view," Mark Nolan, ExxonMobil's vice president for Middle East and Australia, said Monday. ...
Tags: Chemicals
BG Group has entered the regulatory phase of its Prince Rupert LNG project, submitting applications to Canadian and British Columbia environmental review agencies for a three-train operation aimed at eventually exporting 21 million mt/year, ...
Tags: BG Group, LNG Project
Germany-based BASF and Malaysia-based PETRONAS Chemicals (PCG) plan to establish an aroma ingredients facility at their existing joint venture site BASF PETRONAS Chemicals in Gebeng, Kuantan, Malaysia with an investment of MYR1.5bn ($500m). ...
Tags: Petronas Chemicals, Food
ExxonMobil has sought Australian government approval to install the world's largest floating LNG production facility at the Scarborough gas field it shares with BHP Billiton in the Carnarvon Basin off the country's northwest coast. The ...
Singapore LNG Corp and Malaysia's Petronas Gas are on schedule to begin commercial operations at their new terminals located in Jurong Island and Melaka, respectively, in the second quarter of this year, sources from both companies have ...
Tags: Singapore LNG Corp, LNG shipment, Chemicals
Malaysia-based Petronas Chemical which had shutdown its No-2 methanol plant owing to technical issues has restarted the plant on March 4. Speaking to fibre2fashion, a company official said, “We had shut down the No-2 methanol ...