Takreer moves on with $10 billion Ruwais Refinery expansion The Abu Dhabi Oil Refinery Company (Takreer) is moving on with its Ruwais refinery expansion in UAE. This refinery expansion will add a capacity of 400,000 b/d crude oil to the actual 417,000 b/d. The Capital expenditure is estimated around $10 billion The refining units should have the following capacities: – 59,800 b/d Unsaturated LPG treatment unit […]
ReadDefinition Carbon black is virtually pure elemental carbon in the form of colloidal particles that are produced by incomplete combustion or thermal decomposition of gaseous or liquid hydrocarbons under controlled conditions. Comments Carbon black physical appearance is that of a black, finely divided pellet or powder. Its use in is related to properties of specific […]
ReadShell and QP plan $6.5 billion capital expenditure for the Ras Laffan petrochemical complex In 2011, Qatar Petroleum and Shell signed a Heads of Agreement for the Development of a World-scale petrochemicals Complex in in Ras Laffan Industrial City, Qatar This agreement follows the conclusion of a joint feasibility study conducted by the partners, Qatar Petroleum and Shell. […]
ReadAramco to develop deep water exploration and production Saudi Aramco plans to produce natural gas this decade off the Red Sea coast to increase domestic supplies to power generation and water desalination plants rising 7 percent a year. The program is designed to ensure to have ample spare capacity to meet underestimated energy demand. Saudi Aramco […]
ReadDefinition Proven reserves is an industry term that means oil or gas that has been discovered and could be produced with today’s technology. Comments The world consumes about 89 million barrels of oil per day, or 32.5 billion barrels per year. The industry describes a field as giant if it has more 500 million barrels of […]
ReadSaudi Arabia to switch on Power Generation from Gas With oil price running steadily around $100 per barrel, the use of crude oil to feed Power Generation appeared more and more as a luxurious solution. Saudi Aramco launched a vast exploration and production campaign to identify all potential gas fields to substitute oil. As a […]
Read
