Shell and Iraq Government sign deal for $11 billion Nibras Petrochemicals

Shell to take advantage from flared gas gathering In January 2015, the international oil company (IOC) Royal Dutch Shell (Shell) and Iraq Government signed a new agreement to prepare ground in Nibras, near Basra, for the largest ever built petrochemical complex in the country in order to monetize the gigantic […]

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Parallax starts permitting process on Live Oak LNG in USA

Parallax Energy selects Louisiana Calcacieu Parish The newly established company Parallax Energy LLC (Parallax) has chosen a site in Louisiana Calcacieu Parish along the US Gulf Coast to build and operate its first project, the Live Oak LNG as liquefied natural gas (LNG) export terminal. Even though Parallax may have a start […]

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ExxonMobil to expand Papua New Guinea LNG Plant

ExxonMobil signed MOU for PNG LNG Third Train The international oil company (IOC) ExxonMobil and its partners Santos Ltd (Santos) and Oil search Ltd (Oil Search) from Australia, Nippon Oil Exploration (JX NOEX or Nippon Oil) from Japan, and the local land owner Mineral Resources Development Company (Mineral Resources) signed […]

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Talisman Red Emperor to combine TLP and FPSO offshore Vietnam

Talisman Ca Rong Do Tension Leg Platform at design The Calgary-based Talisman Energy Inc. (Talisman) and its partners the independent companies Pearl Energy, Pan Pacific Petroleum (Pan Pacific) and the national oil company (NOC) PetroVietnam Oil and Gas Group (PetroVietnam) have completed the conceptual study in favor of tension leg […]

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Shell and PDO to test Khulud Tight Gas project viability in Oman

PDO to tender Block-6 Khulud Tight Gas First Phase The largest oil and gas producer, Petroleum Development Oman (PDO) and its main partner Royal Dutch Shell plc (Shell) are preparing to call for tender the first phase of the challenging Khulud Tight Gas project in its Block-6 concession of central […]

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TransCanada US Keystone XL Pipeline ignores low barrel price

Nebraska Court sets green light to Keystone XL project On January 9th 2015, the Nebraska High Court gave the green light to TransCanada for the acquisition of lands to build and operate its giant Keystone XL Pipeline project to connect the Alberta tar sands to the US Gulf Coast downstream […]

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Oil and gas prices do not stop Shell and ADNOC in UAE Bab Sour Gas

Shell and Gasco study Bab Sour Gas Development The international oil company (IOC) Royal Dutch Shell plc (Shell) and the Abu Dhabi National Oil Company (ADNOC) subsidiary Abu Dhabi Gas Industries (Gasco) are preparing the front end engineering and design (FEED) work for the non-associated gas Bab Sour Gas Field Development […]

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Gazprom stops South Stream to go for Turkey Stream Pipeline

Gazprom proposes Turkish hub to supply South Europe The Russian natural gas champion Gazprom intends to substitute the cancelled South Stream project by the newly introduced Turkey Stream Pipeline project to supply the Mediterranean countries. On December 2014, President Poutine decided to stop the far advanced South Stream project pipeline as […]

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Ramagundam joint venture to revive India Telangana Fertilizer

NFL and EIL to join FCIL in Ramagundam Fertilizer The State-owned company National Fertilizers Limited (NFL), the Fertilizer Corporation of India Limited (FCIL) and Engineers India Limited (EIL) have decided to form the Ramagundam Fertilizers and Chemicals Limited (Ramagundam Fertilizers) joint venture to revive the closed ammonia and urea facilities […]

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ONGC to gear up on Redevelopment Mumbai High South Phase-3

ONGC to boost India Western Offshore oil production The State-owned Oil and Natural Gas Corporation Limited (ONGC) company has made the final investment decision (FID) to proceed with the Redevelopment Mumbai High South Phase-3 project as part of its program to boost the crude oil and natural gas production from […]

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