Oil/Gas Refining & Petrochemical News
Published - Thursday, 08 July, 2010
Nigeria's NNPC has offered its support to Uganda's emergent oil and gas industry.
Published - Monday, 24 May, 2010
Canadian authorities have confirmed that no oil will be used during an upcoming Arctic spill training exercise.
Published - Tuesday, 18 May, 2010
Four fire and rescue services in Scotland are preparing for a large-scale fire training exercise at the Grangemouth oil refinery.
Published - Wednesday, 12 May, 2010
The Samsum-Ceyhan pipeline in Turkey will cost around $3 billion to build.
Published - Tuesday, 27 April, 2010
US training specialist GSE Systems has bought out Stockton-based TAS Engineering Consultants.
Published - Friday, 23 April, 2010
Cenovus is launching new training programmes as part of an expansion to support oil sands development.
Published - Friday, 16 April, 2010
India's Triveni Engineering has partnered with GE Oil and Gas to deliver new products and training in the national and international market.
Published - Wednesday, 17 March, 2010
Total's decision to close its Dunkirk refinery may be the first of many shutdowns across Europe.
Published - Thursday, 11 March, 2010
MSQ's response to the Pacific Adventurer oil and chemical spill in March 2009 has been praised by the AMSA.
Published - Wednesday, 24 February, 2010
SOCAR has announced the completion of a training programme to support Azerbaijan's oil and gas industry.
Published - Monday, 26 October, 2009
Energy companies in the Asia Pacific region are investing heavily in refinery expansion, a report has found.
Published - Friday, 23 October, 2009
Saudi Arabia's Petromin has announced plans to bring a new blending plant on-stream by mid-2010.
Published - Friday, 23 October, 2009
The British Navy is set to return to Iraq to help train the country's fledgling naval forces.
Published - Monday, 19 October, 2009
Kuwait may recommence bidding on a project to build the country's fourth oil refinery, reports indicate.
Published - Monday, 19 October, 2009
Total has brought the Yemen LNG plant on-stream, with exports to Asian and Atlantic markets to begin imminently.
Published - Thursday, 15 October, 2009
IPIC and OOC have signed a memorandum of understanding for the development of a new refinery in Duqm, Oman.
Published - Thursday, 15 October, 2009
The Borouge II petrochemical plant in Abu Dhabi will be brought on-stream by 2010.
Published - Monday, 12 October, 2009
GWC has built a new hazmat facility in the heart of Qatar's oil and gas hub.
Published - Thursday, 08 October, 2009
The deputy head of Gubkin Oil has warned that the Russian oil industry will languish unless the country invests in technical training and development.
Published - Wednesday, 07 October, 2009
Sipchem and KFUPM have announced plans to develop a new polymers research base in Dhahran.
Published - Monday, 05 October, 2009
Nakilat has chartered a Q-Flex LNG carrier to Qatar LNG on a long-term basis.
Published - Thursday, 01 October, 2009
Borouge has kicked off a major expansion drive in anticipation of heightening demand from Asian clients.
Published - Wednesday, 30 September, 2009
Major upgrades have helped Saudi Aramco improve operations at facilities in the Ras Tanura Sea Islands.
Published - Tuesday, 29 September, 2009
The number of fires witnessed at commercial and industrial premises in Sharjah has fallen after a training drive.
Published - Friday, 25 September, 2009
Saudi Arabia's leading plant construction firm has pledged to increase inward investment to the Philippines.
Published - Tuesday, 22 September, 2009
Invensys has unveiled the EYESim training suite for the global oil and gas industry.
Published - Tuesday, 22 September, 2009
Qatar's LNG industry has helped to drive FDI inflows up 43 per cent, figures from the UN have shown.
Published - Wednesday, 16 September, 2009
Inward investment to Egypt's economy was largely centred on the oil industry in 2008.
Published - Wednesday, 16 September, 2009
The world's oil and gas industry is built around the GCC countries, it is claimed.
Published - Monday, 14 September, 2009
A deal with GE Energy sees Kuwait look to gas for its future energy requirements.
Published - Friday, 11 September, 2009
Upstream gas firm Qatargas has made further inroads on the Common Sulphur Project.
Published - Friday, 11 September, 2009
Downstream oil processes developer Axial Vector Energy Corporation has launched a global awareness programme.
Published - Thursday, 10 September, 2009
Downstream gas supplier RasGas has contracted logistics firm Agility to handle freight forwarding and customs clearance issues.
Published - Tuesday, 08 September, 2009
Workers in Iran and Pakistan's oil and gas industry could soon be engaged in the construction of a gas pipeline between the two countries.
Published - Thursday, 03 September, 2009
Saudi Aramco is working with Dow to develop a manufacturing programme for the Ras Tanura project in Saudi Arabia.
Published - Tuesday, 01 September, 2009
APPEA has offered its support of the government of Western Australia's decision to establish the new DTWD.
Published - Tuesday, 18 August, 2009
Shipping commerce in the UAE and the wider Middle East is facing unprecedented challenges, one industry veteran has claimed.
Published - Monday, 10 August, 2009
The SUG had drawn up a training programme and best practice guidance that is responsive to amendments being made to the IEC 61511 safety standard.
Published - Tuesday, 04 August, 2009
India's BPCL has invested in software architecture and professional training that will allow it to support its aggressive growth.
Published - Monday, 27 July, 2009
Germanischer Lloyd has been awarded a new consultancy contract covering collection and purification at the Puguang gas field in China.
Published - Thursday, 23 July, 2009
Eppco has signed a new deal with Alserkal for the provision of lubricants and free training support.
Published - Wednesday, 22 July, 2009
ELNG has completed its first health and safety partnership programme with GE Oil & Gas.
Published - Friday, 17 July, 2009
Petrofac has been awarded a new $2.1 billion contract covering the construction of a new gas train at the Ruwais complex in Abu Dhabi.
Published - Thursday, 16 July, 2009
Petrobras has invested heavily in training the local population in the Itaborai region of Brazil in preparation for the start of the Comperj project.
Published - Tuesday, 14 July, 2009
Workforce training will continue during a planned closure of the Aruba oil refinery in Brazil, a spokesman for operator Valero has confirmed.
Published - Monday, 06 July, 2009
Saudi Aramco is considering cutting the cost of oil exports in order to support subdued demand from Asia.
Published - Friday, 03 July, 2009
BMT has signed an agreement to carry out a comprehensive assessment of the impact of the Yemeni oil and gas industry on the environment.
Published - Thursday, 02 July, 2009
Qatar has become the first GCC member to ship LNG to Eastern Europe.
Published - Tuesday, 30 June, 2009
Shell has signed a general cooperation agreement with Russian shipping firm Sovcomflot.
Published - Friday, 26 June, 2009
Oil training is vital in reducing production losses arising from downtime caused by poor lubrication, Dow Corning has announced.
Published - Thursday, 25 June, 2009
GE has opened a new water processing and technology centre in Saudi Arabia.
Published - Wednesday, 24 June, 2009
PetroBru has completed a detailed feasibility report into building a new oil refinery in Brunei.
Published - Monday, 22 June, 2009
The ExxonMobil Oil Search project in Papua New Guinea will create 7,000 new jobs, a senior executive has claimed.
Published - Friday, 19 June, 2009
SNC Lavalin has announced the latest in a string of major gas and electricity contracts awarded by Middle Eastern energy majors.
Published - Thursday, 18 June, 2009
Saudi Aramco has completed a trial of a new inline water separator technology.
Published - Wednesday, 17 June, 2009
State authorities in Trinidad and Tobago are finalising plans to construct a pipeline to Barbados, reports indicate.
Published - Friday, 12 June, 2009
PetroVietnam is planning to build its relationship with Saudi Aramco with new upstream and downstream contracts.
Published - Tuesday, 26 May, 2009
Russia's pre-dominance in the delivery of gas to Europe is beginning to be tethered by other gas-rich actors in central Asia.
Published - Friday, 22 May, 2009
Shaikha Sabeeka bint Ibrahim Al Khalifa has praised Bahraini oil major Bapco for its strong environmental record.
Published - Monday, 18 May, 2009
Indonesian and Vietnamese authorities have paved the way for intensified cooperation in the energy and mining sector.
Published - Friday, 24 April, 2009
Iraqi oil minister Hussein al-Shahristani has called on Iran to assist in the construction of five new refineries in the country, including one in the holy city of Karbala, a senior Iranian official has announcedFars News Agency reports that Nureddin Shahnazizadeh, managing director of the National Iranian Oil Refining and Distribution Company, told reporters in Tehran that the duo had also reached agreement on the commissioning of a new pipeline...
Published - Wednesday, 22 April, 2009
The Iraqi government is seeking bids for the redevelopment of an old pipeline running from Iraq's northern fields down to Syria's Mediterranean coast, officials have confirmedSpeaking to Reuters, oil ministry spokesperson Asim Jihad said that a Russian firm had been contracted to carry out the work but had reneged on its duties...
Published - Thursday, 02 April, 2009
Saudi Aramco is set to sign a deal with Sumitomo Chemical for the expansion of the Petro Rabigh plant, Aramco president and chief executive Khalid A Al-Falih has claimedAddressing the Chamber of Commerce and Industry in Dammam, the boss announced that the two companies are expected to sign a memorandum of understanding to oversee the second phase of the refinery project...
Published - Wednesday, 01 April, 2009
The Oil Spill Training Company has launched a new software tool that will allow the oil and gas industry to make quick, accurate and standardised calculations of the size of oil slicksCompanies using the software will be able to use key input data to assess how much oil has been spilled and can pass the information to response teams and regulators in either statutory or international formats, as required...
Published - Wednesday, 25 March, 2009
Flowserve and Al-Rushaid have proudly opened the largest hydraulic pump manufacturing, repair and training facility in the Middle EastAt the inauguration ceremony, Sheikh Abdullah Al-Rushaid, chairman of the Al-Rushaid Group, and Lewis King, president and chief executive officer of Flowserve, jointly opened the facilities, which will serve the oil and gas industry and the power, water, desalination and chemicals sector in Saudi Arabia...
Published - Friday, 20 March, 2009
GE Oil & Gas has moved its entire staff into new head offices in Houston to centralise its US operationsOffshore magazine reports that it is the first time that the company has housed its staff in one location since it acquired PII Pipelines in 2002...
Published - Friday, 13 March, 2009
US energy training major GSE Systems has announced that its fossil fuelled power plant training simulation business is growing well, while its process simulation services are continuing to address the needs of the oil and gas industryIn a revised annual statement, the company said that its fossil fuels arm has been expanding rapidly in the past three years as obsolete analogue plant controls are replaced with new digital systems, a process which requires substantial investment in retraining...
Published - Thursday, 12 March, 2009
The winners of a hard-fought competition in Kazakhstan are set to enrol in the Chinese University of Petroleum (CUP) to learn the skills necessary to begin work on a pipeline between the two countriesA total of 24 Kazakh workers are taking part in the training and development programme, which will involve work on two 106...
Published - Thursday, 05 March, 2009
Saudi Arabian authorities have prequalified eight local firms and six internationals to bid for a construction and ownership contract for a new refinery in JizanIn a statement to the press, the Saudi minister of petroleum and mineral resources Ali Al-Naimi said that a list of eight domestic companies had been approached to prepare a bid for the refinery, which has a completion date scheduled for 2015...
Published - Monday, 02 March, 2009
Invensys Process Systems (IPS) has unveiled its new virtual reality human-machine interface to representatives of the Nigerian oil and gas industrySpeaking for the company, Stephen Ballard, of Ballard Communications Management, said that the new system will revolutionise the way Nigerian workers are trained in plant processes and controls...
Published - Friday, 27 February, 2009
Accurate Marine Environmental has been travelling throughout Virginia testing their oil spill equipment and holding training sessions to keep their workers up to speedThe company is an official spill response organisation and has a duty to maintain training standards and carry out regular equipment checks to ensure optimum readiness in the event of a spill...
Published - Thursday, 26 February, 2009
Senergy has stepped up to meet the growing need for carbon capture technologies with the establishment of a groundbreaking training programme for the UK oil and gas industryThe company predicts that the carbon capture sector will need to grow as quickly in one year as the oil and gas industry has grown in five and it has delivered the new training schedule to orient energy sector workers with a grounding in the importance of integrating carbon capture technology into their operations...
Published - Tuesday, 24 February, 2009
The Vietnamese prime minister Nguyen Tan Dung has lauded the opening of the new Dung Quat refinery after 44 months of workAt a televised opening ceremony, the Vietnamese premier said that the facility, which will process 6...
Published - Tuesday, 24 February, 2009
According to Kazinform, during a session of government earlier today (February 24th) Mr Massimov told his peers that public investment works were important during times of economic difficulty"We should construct particular facilities where we could invest money during this period," he told the Parlamenti...
Published - Monday, 23 February, 2009
Scottish and Southern Energy has announced that it will invest another £3 billion in the Scottish energy network in the next three yearsA large portion of this money will be spent on building its Scotia Gas Networks subsidiary, which operates around 74,000km of gas mains, while additional funds will also be ploughed into renewable energy sources...
Published - Wednesday, 18 February, 2009
The economic stimulus package engineered by Barack Obama could help refinery workers in Kern County, California, find their way back into employment Since the Big West refinery started cutting its operating capacity and reducing staff numbers, many have found it difficult to get back into work, local media outlet 17KGET...
Published - Tuesday, 17 February, 2009
Hazmat Plans & Programs (HP&P) is promoting a new three-day outreach programme to provide a grounding in the identification of hazardous materialsThe US-based group offers courses accredited by the Occupational Safety and Health Administration (OSHA) and has more than 85 years experience in the provision of fire safety, hazardous materials and workplace safety training programmes...
Published - Monday, 16 February, 2009
A new training centre at a ConocoPhillips refinery in Illinois will help to circumvent localised side effects of the economic downturn, the site's manager Herman Seedorf has insistedSpeaking to the Telegraph, Mr Seedorf said that the training and development centre will undertake a substantial ramp-up in the number of enrolees admitted to the courses, which will provide craft orientation training for diverse operations in the oil and gas industry...
Published - Wednesday, 11 February, 2009
KIC Chemicals will look to train workers and develop technological infrastructure that will allow Malaysia to address its oil and gas storage capacity internally, the company's executive chairman Abdul Rashid Mohamad Isa Al-Qadiry has saidSpeaking to Bernama, Mr Al-Qadiry said that the group has already made great strides to achieving storage independence since it began operations in Malaysia six years ago...
Published - Tuesday, 10 February, 2009
IMO Qatar, a subsidiary of Aamal, has announced that it will open a new prefabricated pipe production plant and a training centre to enhance processing expertise in the oil and gas industrySpeaking to the Peninsula, Yanni Fuad Jouaneh, chief operating officer of Al Faisal Holding, said that the plant will be built in Mesaieed Industrial City and will hope to add value to the downstream oil and gas market in Qatar...
Published - Monday, 09 February, 2009
International Fire World (IFW) has announced that it will hold a gas training symposium in conjunction with the Beaumont Emergency Response Training centre (BEST) next monthThe Texas-based firm will launch two days of orientation training on March 24, which will include blaze demonstrations at the BEST facilities...
Published - Friday, 06 February, 2009
The north-eastern oil and gas industry has proved remarkably resilient in the economic storms of recent months, the chief executive of Nof Energy has claimedSpeaking to the Northern Echo, George Rafferty said that while no sector will be able to escape the constraints of the current economic climate entirely, the regional oil and gas industry is likely to out-perform other sectors such as manufacturing and construction...
Published - Tuesday, 03 February, 2009
COADE has announced the launch of its new CAESAR II software suite to serve the oil and gas industry in pipe stress analysisThe group will aim to consolidate its position as the sector's most widely used supplier of pipe stress testing software with the simultaneous launch of a training and development programme to familiarise workers with the new suite...
Published - Thursday, 29 January, 2009
IT solutions firm Universal Systems has been in the process of certifying its staff to carry out work in the oil and gas industry after the acquisition of BioStarKevin Chambers, chief executive officer of Universal Systems, said that he is excited about the takeover, adding that BioStar will help to complement the company's corporate profile with their suite of microbial, enzymatic, chemical products and technology for the petroleum, refining and pipeline industries...
Published - Wednesday, 28 January, 2009
Planet Resource Recovery has announced that it has completed its first training and development seminar in Denver, Colorado as it looks to expand its presence in the US with its trademark Petroluxus brandThe fluid is used widely in oil sands projects, oil farm cleaning and oil spill clean-ups and is a safe and efficient method of recovering all petroleum-based products...
Published - Friday, 23 January, 2009
China and Norway have signed a memorandum of understanding (MoU) that will see the two countries collaborate more closely to promote long-term environmental and energy security interestsThe MoU was penned earlier this month following a discussion of various environmental technologies and carbon capture processes...
Published - Thursday, 22 January, 2009
India will look to expand bilateral relations with Kazakhstan through training and cooperation in the oil and gas industry, India's plenipotentiary ambassador to Kazakhstan Ashok Sadzhanhar has announcedSpeaking exclusively to Kazinform, the diplomat identified the energy industry as one of the key sectors which will allow both countries to enjoy the considerable growth they have witnessed in recent years through this period of economic difficulty...
Published - Wednesday, 14 January, 2009
Technology solutions provider Emerson has announced its intention to establish a new training and development centre in Doha to support the regional oil and gas industry and other key sectorsGulf Times reports that the group expects that the new centre will be open next year, aiming to serve pupils from the northern parts of the Middle East...
Published - Tuesday, 13 January, 2009
Three US oil processing plants could face fines from the Environmental Protection Agency (EPA) for failing to fulfil their responsibility to preventing oil spillsIn a meeting last week, the organisation ruled that DDLC Energy of New London and Taylor Energy of Broad Brook, both of Connecticut, and Northeast Products of Fall River, Massachusetts should face levies for their neglect of responsibilities to maintain spill prevention, control and countermeasure strategies...
Published - Friday, 09 January, 2009
CCuba's revenue from the export of services in 2008 topped $9 billion, more than double that which was recorded prior to a 2004 cooperation agreement signed with VenezuelaReuters reports that the deal has allowed the island to balance its external finances despite running up a trade deficit of $11...
Published - Friday, 09 January, 2009
Citation Oil and Gas will commit to enhanced safety training for its workers after a spill at its Cellars Ranch production fieldThe firm has been fined $280,000 by the Environmental Protection Agency (EPA) and the US Department of Justice as a result of the incident at its Wyoming facility...
Published - Tuesday, 06 January, 2009
Subsea 7 has launched and installed its 60th pipeline bundle with success, continuing its commitment to oil and gas industry operations in the North Sea According to internet resource Oil Online, the bundle consists of a 1...
Published - Monday, 05 January, 2009
As the Lepetkata gas project gets underway, the Gas Authority of India Limited (GAIL) has insisted that local youths will be first in line for work and trainingIndian daily paper the Telegraph has reported that National Construction Academy is already offering training and development programmes for selected youths from areas surrounding Lepetkata, providing them with the skills to ensure the mega project is completed smoothly...
Published - Monday, 22 December, 2008
Building and operating an oil refinery requires an enormous commitment to training and development, Petrovietnam's chairman Dinh La Thang has saidAccording to Vietnam News, Mr Thang's comments came last week as the group announced that the Dung Quat refinery is on schedule to begin operations on February 25th...
Published - Friday, 31 October, 2008
Iran and Germany have entered into a €25 million (£198 million) contract for the construction of a petrochemicals processing plant in the Middle Eastern country...
Published - Tuesday, 16 September, 2008
Petrobas is participating in the Rio Oil & Gas Expo and Conference this week and will focus on central issues that the sector is facing, such as exploration and productionMaking production in the pre-salt cluster sustainable, the refining industry and progression in the biofuel market are just some of the topics that will be touched upon in 15 presentations at the Riocentro Conventions Centre in Rio de Janeiro...
Published - Monday, 08 September, 2008
Iran's Oil Ministry has stated that it is to roll out a programme of construction of new heavy and extra-heavy crude oil refineries as it looks to modernise its national energy industry Earlier this week it was reported that as many as 15 European and Asian countries, including France, Germany, India and China are eyeing up oil and gas investment opportunities in Iran's burgeoning industry, with priority expected to be given to those operators with the technology and financial resources needed f
Published - Thursday, 04 September, 2008
Brazil's energy minister has declined an offer from Iran to join the Organisation of Petroleum Exporting Countries (OPEC) Coming just weeks after the state-owned oil production and exploration company Petrobras reported a significant new find in the Santos Basin, off the coast of Rio de Janeiro, Edson Lobao told a press conference that the invitation was extended just days ago...
Published - Tuesday, 26 August, 2008
Indonesian state-owned oil company PT Pertamina is to begin construction of a new refinery in collaboration with its Iranian counterpart, it has been announced According to a statement released by Pertamina director Ari Soemarno, a preliminary study for the new facility, which is to be located in Bojanegara, Banten, will be completed by October at the latest...
Published - Friday, 15 August, 2008
The Chinese national producers PetroChina has confirmed that work has begun on its latest oil shale refinery in the north-eastern province of HeilongjiangAccording to a release from the state press agency Xinhua, the new plant, which is to be located in Mudanjiang city, will be capable of producing 100,000 tonnes of oil products a year, in addition to around 1...
Published - Monday, 11 August, 2008
Libya's National Oil Company (NOC) has reached an agreement with a consortium of private companies from the United Arab Emirates (UAE) regarding the planned upgrade of its largest oil refinery Under the new deal, the state-owned producer will work alongside the Star Consortium, which includes TransAsia Gas International and Star Petro Energy, the latter a subsidiary of ETA Ascon Star Group...
Published - Friday, 08 August, 2008
The Iraqi government has give the go-ahead for a multi-million pound upgrade to one of the country's leading oil refineries as it looks to arrest a decline in export rates According to a senior official at the country's Oil Ministry, an $81 million agreement has been reached with the US-based Colorado Industrial Construction Services Co...
Published - Thursday, 07 August, 2008
China's largest oil refiner, Sinopec, has reportedly launched a takeover bid for Imperial Energy as it looks to expand its overseas presence Just recently, Imperial announced that it was in talks with an unnamed third-party – believed to be India's state-owned Oil and Natural Gas Company (ONGC) – over a takeover, with its shares being valued at £12...
Published - Thursday, 07 August, 2008
Bahrain's oil and gas affairs minister has explained that ongoing investment in the country's oil and gas industry will work to boost other areas of the national economy Speaking ahead of the awarding of the tender for the exploration of the oil-rich Block-1 at the Bahrain Field, Dr Abdulhussain Mirza - who is also chairman of the National Oil and Gas Authority (NOGA) - revealed that he has just published a book outlining his plans for improved relations between the national industry and oversea
Published - Thursday, 07 August, 2008
Bahrain's oil and gas affairs minister has explained that ongoing investment in the country's oil and gas industry will work to boost other areas of the national economy Speaking ahead of the awarding of the tender for the exploration of the oil-rich Block-1 at the Bahrain Field, Dr Abdulhussain Mirza - who is also chairman of the National Oil and Gas Authority (NOGA) - revealed that he has just published a book outlining his plans for improved relations between the national industry and oversea
Published - Wednesday, 06 August, 2008
Canada's InterOil Corporation has confirmed that its ongoing operations in Papau New Guinea have revealed a significant natural gas discovery According to a statement released by the firm, the finding was made at the Elk-4 discovery well, with initial testing pointing to a gas flow potential of around 63 million standard cubic feet per day and a condensate rate of up to 1,130 barrels per day...
Published - Monday, 04 August, 2008
The prime minister of Kuwait has headed to Cambodia for talks aimed at increasing the levels of cooperation between the two nation's oil and gas sectors, it has been confirmed Recent discoveries off the coast of the south-east Asian country have led the Cambodian government to establish a target of 2011 for the first oil to be produced from offshore sites...
Published - Monday, 04 August, 2008
The Egyptian oil minister has confirmed that $9 billion is to be invested by the country's state-owned producer in the construction of a new refinery According to Sameh Fahmy, the five-year project is necessary as heavy overseas consumers, most notably the United States and Europe, have failed to establish new refineries in the country for almost 20 years, prompting Gulf states to invest in emerging producers, such as China and Egypt...
Published - Monday, 28 July, 2008
The National Iranian Oil Company (NIOC) has confirmed that it is to close a major unit at its largest crude oil refinery at the end of October for general maintenance work At present, while Iran is the fourth-largest exporter of oil in the world, it is lacking in refining capacity, forcing its government to rely upon imports of gasoline, a situation Tehran is looking to address as relations with the West remain shaky...
Published - Monday, 28 July, 2008
Noor Petroleum has confirmed that it has completed an economic feasibility study of the Deer Al-Zour oil refinery in the east of Syria, with the results pointing to strong production potential The Kuwait-based company carried out the assessment with the approval of the Oil Refining Committee in the Syrian Ministry of Oil and Minerals as the Damascus government looks to meet rising domestic demand for oil derivatives...
Published - Tuesday, 22 July, 2008
Officials at the China National Offshore Oil Company (CNOOC) have revealed that operations on its first oil refinery are likely to be delayed by up to two months after heavy summer rains The country's third largest oil and gas company now expects to open its 240,000 barrel per day plant, which is located in the southern Guangdong province, in November, rather than at the end of September, as was originally anticipated...
Published - Monday, 21 July, 2008
The Iraqi Oil Ministry has confirmed that production has resumed at a major refinery in the west of the country after being stopped for more than three years due to Sunni insurgencyIn a statement released by government officials, it was revealed that the 51-year old refinery, which is located in the Anbar province close to the border with Syria, will be operating with an initial production capacity of 16,000 barrels of oil a day...
Published - Wednesday, 16 July, 2008
Venezuelan president Hugo Chavez has reached an agreement with his Ecuadorian counterpart Rafael Correa over the planned construction of a major new oil refinery ion the Pacific Coast Announcing the deal after a meeting in the city of El Arono, Mr Chavez explained that Venezuela's state-owned producer PDVSA will take a 49 per cent stake in the new $30 million site, with Petroecuador to hold a controlling 51 per cent share...
Published - Wednesday, 16 July, 2008
The Iraqi government has stated that it has earmarked $82 billion for construction projects over the next few years as it looks to achieve stability reinvigorate its national economy Speaking at a press conference at the Iraqi embassy in Manila, the Philippines, ambassador Falih Al-Assadi explained that, over the course of 2008, 43 training courses operated by foreign specialists will be offered to professionals in the country, with a particular focus on diplomatic missions as well as the oil an
Published - Wednesday, 16 July, 2008
Following a series of delays, the Saudi Arabian Oil Ministry is expected to finally issue a tender for bids for a new oil refining plant in September, it has been reported Plans to open bidding for the refinery, to be located in the Jizan province, on the Red Sea coast in the south of the country, were due to be put forward in the middle of last year, though the process was delayed due to ongoing concerns regarding the financial feasibility of operating a new refinery in such a remote region...
Published - Tuesday, 15 July, 2008
Petrofac has become the firm favourite to win the contract for the construction of a £195 billion liquefied natural gas (LNG) plant in Algeria...
Published - Friday, 11 July, 2008
Around £5 billion is likely to be invested in a new petrochemical refinery in the south of Vietnam, it has been announced Presently construction is well under way of two refineries in the Asian country, with the first, at Dung Quat, expected to be in operation at the start of 2009, with an estimated processing capacity of up to 6...
Published - Thursday, 10 July, 2008
Five businesses, including Total and Oil India have been given until December to decide whether or not they wish to push ahead with a planned £3 billion refinery at Vizag in India Last October, the two firms signed an agreement along with Mittal, Hindustan Petroleum and GAIL, regarding the establishment of a new 15-million tonne refinery as well as a one-million tonne petrochemical complex in the region...
Published - Wednesday, 09 July, 2008
Revenues generated from Uganda's oil industry will be used to develop the national infrastructure and human resource capacity, president Yoweri Museveni has stated Speaking at a two-day seminar organised by Uganda, alongside Norway and the African Development Bank, Mr Museveni explained that a petroleum fund would be established so as to utilise oil revenues properly, including using them to fund crucial public investments...
Published - Thursday, 03 July, 2008
Training and developing local workforces in producing countries is one of the key long-term challenges facing the oil and gas industry across the globe, the chief executive of the Middle Eastern arm of manufacturing firm SABIC has explained to a conference in DubaiAccording to recently published statistics compiled by The Economist, consumers within emerging economies such as China, Brazil, Mexico and the Middle East have accounted for around 80 per cent of the growth seen in global oil demand o
Published - Wednesday, 02 July, 2008
Delays to projects caused by increasing construction costs are likely to mean that the global oil market will see as much as 40 per cent less additional refining capacity in 2012 than may have originally been expectedThat is according to the latest analysis from the advisory firm International Energy Agency (IEA), which has just released its Medium-Term Oil Market report for the period 2008 to 2013...
Published - Wednesday, 02 July, 2008
Pakistan's Economic Coordination Committee (EEC) is expected to give the go-ahead to a new incentive package for a proposed petrochemical unit at Port QasimWith the body's first major meeting of the current financial year due to take place within the next few days in the city of Karachi, industry chiefs are confident prime minister Syed Raza Gilani will announce a number of incentives, including a tariff protection of 20 per cent against imports of petrochemicals to the country, in order to enco
Published - Monday, 30 June, 2008
Indian Oil is set to move one step closer to opening its Paradip refinery as it looks to appoint a project management contractor for the work within the coming days Though the company just recently reported "historic increases in margins" in May and June on the back of the volatility in global diesel and aviation fuel prices, it is nevertheless looking to keep the financing of the Paradip plant in check...
Published - Friday, 27 June, 2008
PetroChina has announced it has reached a preliminary agreement with Qatar Petroleum International and Royal Dutch Shell regarding the possible construction of a new integrated petrochemical facility within China Under the arrangement, China's national firm will take a 51 per cent controlling stake in any future development, with the two other companies to each have a 24...
Published - Thursday, 26 June, 2008
Petroleo Brasileiro (Petrobras) has unveiled plans to construct a biomass unit at its proposed refinery in the state of Ceara, in the north-east of Brazil Earlier this month, the state-owned company confirmed that it is to start work on the £5...
Published - Thursday, 26 June, 2008
The independent Italian refinery firm ERG has confirmed that is has reached a new agreement with Russia's Lukoil which will see the two companies cooperate on joint refining ventures In a statement released to investors, it was revealed that Lukoil paid around £1 billion for ERG's Priolo refinery in the east of Sicily, which is currently capable of producing 320,000 barrels a day...
Published - Tuesday, 24 June, 2008
Saudi Arabia's national oil company Saudi Aramco is set to announce a new deal with Total aimed at establishing a new refinery in the city of Jubail as it works to meet growing global demand While the two companies reached an agreement over the development of the new plant last month, Aramco is likely to use the opportunity of this week's International Energy Summit to confirm the details...
Published - Wednesday, 18 June, 2008
India's Reliance Industries has announced plans to increase crude oil imports from Saudi Arabia as it moves towards becoming the world's largest refiner Citing the ongoing rise in demand for fuel across India and the rest of Asia, company president Ali al-Naimi has revealed that it is to increase purchases by more than 90,000 barrels a day...
Published - Monday, 16 June, 2008
The government of the Dominican Republic has confirmed that it has acquired Royal Dutch Shell's share in the country's Refidomsa oil refinery as it moves to stabilise rising fuel prices Over recent months, residents of the Caribbean nation have launched a series of demonstrations against soaring energy prices, with gas prices currently standing in excess of $5 a barrel...
Published - Monday, 16 June, 2008
Brazil's national oil company Petrobras will need to invest around $11 billion if it is to succeed in its plans to build a new refinery in the state of Ceara Coming as the company carries out a series of oil and petrochemical processing and refining investments across the country in a bid to raise its downstream capabilities, it has been announced that the new plant in the north-east of the country will be both costly and technologically challenging...
Published - Tuesday, 10 June, 2008
Iran's National Petrochemical Company (NPC) has stated that it plans to launch 12 new petrochemical projects by March 2009 According to the latest figures set out by the country's Oil Ministry, it intends to increase annual production levels of ethylene to 12 million tonnes, with 8...
Published - Tuesday, 10 June, 2008
Malaysia's state-owned oil company Petroliam Nasional Bhd (Petronas) has announced that it has put its plans for a new refinery in Sudan on hold as a result of rising costs Speaking at a press conference at the 13th annual Asia Oil & Gas Conference, the company's chief executive officer Tan Sri Mohd Hassan Marican confirmed that it was following the trend set by its counterparts across the world and deferring future investment times due to the current economic climate...
Published - Friday, 06 June, 2008
Tamil Nadu Industrial Development Corp Ltd (Tidco) has announced plans to spend around $14 billion developing petrochemical and gas production infrastructure in the Cuddalore-Nagapattinam belt in India...
Published - Friday, 06 June, 2008
Russian energy giant Rosneft has confirmed that it is looking into increasing its oil refining capacity across Europe and Asia so as to reduce export levels While the chief executive of the state-controlled producer, Sergei Bogdanchicov, has recently confirmed that capitalisation exceeded the $129 billion mark at the end of May...
Published - Friday, 06 June, 2008
Exports from Kuwait's second-largest oil refinery have not been impacted by this week's explosion and fire, officials have confirmed According to reports coming out of the Mina Abdullah port in the Opec member state, leaking fumes caused a minor blast and then a fire at a chemical and paint plant, with one local worker suffering from burns...
Gippsland TAFE to open Australian gas training centre in 2012Gippsland TAFE has announced plans to build a new ....: 28-Jul
Oil Search's PNG LNG project advances with training centreOil Search has announced that its LNG project in P....: 28-Jul
Insurance expert calls for oil and gas training in NigeriaAn insurance expert has published a detailed repor....: 28-Jul
Hayward steps down from BPTony Hayward has announced his resignation as chie....: 27-Jul
Oil Search's PNG LNG project advances with training centreOil Search has announced that its LNG project in P....: 28-Jul
Insurance expert calls for oil and gas training in NigeriaAn insurance expert has published a detailed repor....: 28-Jul
Hayward steps down from BPTony Hayward has announced his resignation as chie....: 27-Jul
Last Updated: 28-Jul 12:07
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