Posts Tagged ‘shale oil’

Independent Companies

Independent companies definition. Independent companies refer to Oil & Gas and Petrochemical operators that are neither international oil companies (IOCs) nor national oil companies (NOCs).

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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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Consequences of barrel prices on Oil & Gas and Petrochemical projects

What are the main reasons for projects cancellation Since the WTI and Brent barrels prices have lost 20 to 25% of their value in a couple of months we assist to a frenzy of publications and speculations on the consequences of this dip on the Oil & Gas and Petrochemical […]

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Saudi Arabia to boost Empty Quarter – South Ghawar – Jafurah shale gas

Saudi Aramco to award shale gas treatment FEED The world largest company by the size of crude oil reserves, Saudi Aramco, is planning to award the front end engineering and design (FEED) contracts for the gas central processing facilities to support the development of the shale gas exploration – production […]

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Saudi Aramco to gear up Red Sea deep offshore Exploration-Production

Aramco to begin with Ahmar-1 gas field development In 2012 Saudi Aramco discovered the Ahmar-1 field of non-associated gas in the deep water of the Red Sea approximately 24 kilometers northwest of Duba in the Tabuk Province on the west coast of Saudi Arabia. In following Saudi Aramco announced $25 billion […]

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One Day – One Country: USA

Shale gas and shale oil change US import-export map In 2012, the development of the shale gas propelled USA as the world largest gas producer, ahead of Russia. In 2013, the US administration started to open the door for the export of liquefied natural gas (LNG) to countries not having free […]

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One Day – One Country: Norway – UK North Sea

Statoil and Chevron review costs in North Sea projects In 2013, shortly after that Norway had weighted its tax policy on oil and gas companies operating in the Norwegian North Sea, UK did the opposite and released a new tax regulation to encourage companies to explore more challenging deep offshore […]

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One Day – One Country: Canada

Canada to boost crude oil production 75% by 2035 According to its National Energy Board (NEB), Canada expects to increase its crude oil production 75% by 2035. In respect with the rising the demand in North America and in Asia, Canada sees the opportunity to target a volume of production […]

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Canada back on track with major oil sands projects in Alberta

Shell makes final decision for Carmon Creek Project After the joint venture Suncor-Total which decided to proceed with their multibillion Fort Hills oil sands mining project in Athabasca region, Shell is making the final investment decision (FID) with its Carmon Creek oil sands project in Alberta. The two mega projects, […]

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One Day – One Country: USA

USA Key Projects and Business Highlights In June 2013, the US energy agency, Energy Information Administration (EIA) updated its estimation of the shale gas reserves in the world and published its first estimations for the shale oil where USA ranks in the Top 5 countries in both cases. According to the 41 […]

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