Russian EuroChem to profit from US shale gas supply The Moscow-based company EuroChem signed an agreement with the State of Louisiana to invest $1.5 billion capital expenditure to build a greenfield fertilizer plant along the Mississippi River in USA. Established only in 2001, EuroChem has grown up very fast over its 12 years of life in […]
ReadShell – Estonian Eesti Energia – Karak International Oil to explore and develop Jordan oil shale resources The Jordan Oil Shale Company (JOSCO), a wholly owned Shell subsidiary, the Estonia company Eesti Energia (Enefit) and Karak International Oil (Karak) from the UK–based Jordan Energy and Mining Ltd, are now moving from the exploration phases of […]
ReadPetroleum Products Pipeline SA won first fuel pipeline The Petroleum Products Pipeline SA (3PL SA) has been awarded the construction of the first fuel pipeline in Cameroon. The Petroleum Products Pipeline SA is a joint venture between African investors let by the West Africa Investment Corporation (WAICO SA) and South Korean companies. WAICO SA is already […]
ReadGazprom accelerates its export LNG terminal projects After the expansion of the Sakhalin-2 LNG project and the future Vladivostok LNG project on the east coast, the Russian gas leader Gazprom is looking west and investigating solutions to substitute the challenging Shtokman project in reviving the old Baltic LNG project on the Gulf of Finland. Among all the […]
ReadBasf Petronas Chemicals invest $500 million in Gebeng The German chemical global leader Basf and the Malaysian Petronas Chemicals Group Berhad (Petronas) have decided to expand their joint venture Basf Petronas Chemicals (Basf–Petronas) with a world-scale integrated aroma ingredients complex at Gebeng, near Kuantan, on the east coast of the Malaysia peninsula. Through their Basf–Petronas joint venture,Basf and […]
ReadBP selects bidders for Tangghu LNG FEED competition The International Oil Company (IOC) BP and its partners in the Tangguh Expansion Project are currently qualifying the engineering companies to be invited to bid (ITB) on the onshore Tangguh third LNG Train and the production platforms to be installed offshore the Irian Jaya District of the […]
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