Oil Development articles & resources on Made-in-China.com

Cnooc and Shell Take Final Investment Decision to Expand Petrochemical Complex in China

Sep 28, 2016

China National Offshore Oil Corporation (CNOOC) and Shell Nanhai B.V. (Shell) today announce the final investment decision to expand CNOOC and Shell Petrochemical Company’s (CSPC) existing 50:50 joint venture (JV) in Huizhou, ...

Tags: CNOOC, Shell, final investment decision, expasion

Abu Dhabi Seeks 25% Cost Savings on Major Oil Projects: Report

Nov 6, 2015

State-owned Abu Dhabi National Oil Co, (Adnoc) is seeking to cut 25% off its operating and capital spending, a senior official at the company was quoted as saying Thursday. "...we are trying to bring down operating expenditures and also ...

Tags: Abu Dhabi, oil

Obama Administration to Continue Keystone Xl Review, Despite Suspension Request

Nov 4, 2015

The Obama administration on Tuesday said it will continue to process TransCanada's application for a permit to build the Keystone XL pipeline, even as it considers the company's request to suspend the review. "We would like to finish this ...

Tags: Obama, Keystone XL pipeline, crude

Omani Plant TMK Gulf International Pipe Industry Received an Order for 18,400 Mt of OCTG

Aug 12, 2014

Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has announced that its Omani plant TMK Gulf International Pipe Industry (TMK GIPI) recently received an order for 18,400 mt of OCTG (threaded and coupled casing ...

Tags: TMK, Gulf International Pipe Industry, Order

Iraq Aims to Boost Its Oil Exports by Nearly 26% to 3.4 Million B/D in 2014

Feb 28, 2014

Iraq aims to boost its oil exports by nearly 26% to 3.4 million b/d in 2014, a senior official said Wednesday. "Exports reached more than 2.7 million b/d this month, and the rate [that] is planned for 2014, including exports from the ...

Tags: Crude Oil, Mineral

The Ugandan Government Has Signed a Long Awaited Deal with UK-Based Tullow Oil

Feb 10, 2014

The Ugandan government has signed a long awaited deal with UK-based Tullow Oil, Total and China National Offshore Oil Corp, to develop its oil sector, paving the way for the country's first commercial crude production. The pact details ...

Tags: Oil Development, Mineral

Global Demand for Gasoline Will Remain Flat From 2014-2040

Dec 16, 2013

Global demand for gasoline will remain flat from 2014-2040, but global demand for diesel should grow by about 75% over the period to meet the needs of trucks and other commercial transportation, ExxonMobil said Thursday in its annual ...

Tags: Metallurgy, Mineral, Energy, gasoline

Tap Provides The Following Update on The Malida-1 ST1 Sidetrack Exploration Well

Dec 11, 2013

Tap Oil Limited (ASX: TAP) provides the following update on the Malida-1 ST1 (A) sidetrack exploration well in the Northern Gulf of Thailand. The Malida-1 discovery well has been plugged and the sidetrack well will test a separate structure ...

Tags: Oil and Gas News, Tap Oil, Malida-1 ST1

Tap Oil Limited Is Pleased to Announce an Oil Discovery at Malida-1

Dec 4, 2013

Tap Oil Limited (ASX: TAP) is pleased to announce an oil discovery at Malida-1. Following the completion of wireline logging operations, 9.5 metres of net oil pay has been interpreted in reservoir quality sandstone within the primary ...

Tags: oil, mineral

PRE Closed The Acquisition of Petrominerales Ltd.by Way of a Plan of Arrangement

Dec 3, 2013

Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) is pleased to announce that today it closed the acquisition of Petrominerales Ltd. (TSX: PMG) (BVC: PMGC) ("Petrominerales") by way of a plan of arrangement (the ...

Tags: Metallurgy, Mineral, Energy

Tap Oil Limited Provides The Following Update on The Malida-1 Exploration Well

Nov 25, 2013

Tap Oil Limited (ASX Code: TAP) provides the following update on the Malida-1 exploration well in the Northern Gulf of Thailand. Malida-1 is a commitment well in G1/48. Location/Proposed Depth The Malida-1 exploration well is located in ...

Tags: Malida-1, exploration, well, drilling, update

Strata-X Energy Ltd Provide Operational Updates on The Vail and Maverick Oil Projects

Nov 25, 2013

The Directors and management of Strata-X Energy Ltd. ("Strata-X" or the "Company") (TSX VENTURE:SXE)(ASX:SXA) are pleased to provide the following operational updates on the Vail and Maverick Oil Projects. Vail Oil Project The Company ...

Tags: Strata-X, advancement, key, USA, oil

MCO to Establish MHI Compressor Manufacturing, LLC in Pearland

Nov 14, 2013

Mitsubishi Heavy Industries Compressor Corporation (MCO), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), will establish MHI Compressor Manufacturing, LLC in Pearland, Texas (part of greater metropolitan Houston), by the end of ...

Tags: MCO, petrochemical, plant, MHI

UK's Petrofac Has Agreed to Increase Its Stake in The Abu Dhabi-based Petrofac Emirates

Jul 19, 2013

The UK's Petrofac has agreed to increase its stake in the Abu Dhabi-based Petrofac Emirates joint venture to 75% from 50% as the remaining state-owned holding is privatized, Petrofac said Thursday. Following both transactions, the ...

Tags: Petrofac Emirates, Chemicals

PetroChina Has Not Made a Final Decision for Nassiriya Oil Field Contract

Apr 30, 2013

Chinese oil and gas producer PetroChina Co., Ltd. (SHSE: 601857 and SEHK: 0857) has not made a final decision on whether to participate in an auction Iraq plans to hold for the Nassiriya oil field on December 19 this year. The Iraqi ...

Tags: Metallurgy, Mineral, Energy

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