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YPF in brief

Commit to rejuvenate mature fields and develop massively unconventional resources Headquartered in the Buenos Aires, YPF CORPORATION SA (YPF), is listed in Buenos Aires and NYSE as the largest energy company in Argentina. Established as a national sense, professional, competitive, integrated from the wellhead to the consumer, YPF is operating as the national oil companies (NOCs) in the various […]

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Technip-Odebrecht-ICA Fluor win $2.7 billion Veracruz Ethylene XXI

Braskem Idesa awards petrochemicals EPC contract Braskem Idesa S.A.P.I. (Braskem Idesa) awarded the engineering, procurement and construction (EPC) contract to Technip-Odebrecht-ICA Fluor for the Veracruz  Ethylene XXI petrochemical complex in Mexico. Braskem Idesa is a joint venture between the Brazilian chemical company Braskem and Grupo Idesa with working interest are shared:  – Braskem 65% is

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Iraq and Kurdistan Regional Government agree on oil payment

Genel Energy to benefit from dispute resolution In November 2011, the Turkish company Genel Energy International Ltd merged with Vallares PLC to become the largest oil and gas company operating in the Kurdistan region of Iraq. Renamed Genel Energy, the new company enlisted the London Stock Exchange (GENL). For both companies the purpose of this

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Qatar Petroleum set deadline to bid on Ras Laffan Refinery phase 2

QP to double and upgrade Ras Laffan Refinery Qatar Petroleum (QP) and its partners, ExxonMobil, Total, Cosmo Oil Company (Cosmo), Idemitsu Kosan Company (Idemitsu), Mitsui & Company (Mitsui) and Marubeni Corporation (Marubeni) are moving on the Ras Laffan Refinery expansion project, also called Ras Laffan Refinery phase 2. Decided in 2003 and commissioned in 2009

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Sudan and South Sudan close deal on oil export pipeline

Sudan and South Sudan to resume oil export South Sudan holds 75% of the oil reserves lying in the previously unified Sudan, but South Sudan needs to use Sudan refineries and pipelines to export it.  When created in created in July 2011 from the scission with the northern part of Sudan, the oil produced in South Sudan continued to be carried out to Port Sudan

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Anadarko in brief

Anadarko is providing for today, innovating for tomorrow Headquartered in The Woodlands, in Texas, USA, Anadarko Petroleum Corporation (Anadarko) is listed in the NYSE (APC). Anadarko sits among the largest independent oil and gas companies in the world. Focusing on exploration and production, Anadarko holds 2.54 billion of barrels oil equivalent (boe) of proven reserves

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Anadarko gears up on Mozambique LNG

Mozambique to join Qatar and Australia LNG exporters Anadarko Petroleum Corporation (Anadarko) and its partners Mitsui E&P, BPRL Ventures Mozambiques, Videocon Mozambique, PTTEP after acquiring Cove Energy, and Emprecia Nacional de Hidrocarbonetos (ENH), may propel Mozambique among the largest LNG exporting countries with Qatar and Australia with their Mozambique LNG project. With estimated $15 billion capital expenditure, Anadarko LNG project may

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Gazprom and Rosneft ally on Russia Continental Shelf conquest

Rosneft and Gazprom signed Cooperation Agreement Gazprom and Rosneft used the opportunity of the XI International Investment Forum in Sochi, Russia, to sign a Cooperation Agreement for the joint pre-development of the offshore oil and gas fields located in the Russia Continental Shelf (RCS). The exploration and production within the Continental Shelf (CS) of each

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Gazprom in brief

Gazprom pursues the strategic objective of establishing itself as a leader among global energy companies Home based in Russia, Gazprom is 50,002% state owned company, thus operating as a national oil and gas company. The other 50% shares are traded in Moscow, London, Berlin and Frankfurt stock exchanges in the form of American Depositary Receipts. On this floating

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