Posts Tagged ‘Western Canada’

Sasol in brief

Reaching new frontiers Sasol was established in Sasolburg in South Africa in 1950 to develop on industrial basis the Coal-To-Liquids (CTL) technology as this country is rich of coal and many other resources but holds limited oil and gas conventional fields. Sasol started up the first CTL plant in 1955 to (more…)

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Sasol to go for FEED on Louisiana GTL and Ethane cracker project

Sasol to prioritize US GTL on Canada GTL project  In a press conference in Louisiana, Sasol’s chief executive officer, David Constable, confirmed the decision of the board to move on the front end engineering and design (FEED) stage of the first Gas-To-Liquids (GTL) project to be built in USA. To (more…)

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CNOOC and Sinopec to pump $20 billion in upstream acquisitions

CNOOC and Sinopec target Nexen and Talisman assets July 23rd 2012, the Chinese CNOOC Ltd (CNOOC) announced to have signed an Arrangement Agreement with Nexen for the acquisition of the Nexen shares listed in Toronto and New York Stock Exchanges. The aggregate value of the proposed acquisition is approximately $15.1 billion (more…)

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