Wentworth leads consortium with Cove Energy and Maurel & Prom The Dubai-based Wentworth Resources (Wentworth) is an independent oil and gas company with natural gas production and a committed exploration program in the Rovuma Basin of southern Tanzania and northern Mozambique. Wentworth and its concession partners Cove Energy (Cove) and Maurel & Prom own a gas […]
ReadBASF to build butadiene extraction plant in Antwerp The butadiene is a monomer and used as an important chemical intermediate to produce elastomers and thermoplastics, such as synthetic rubbers, latex, acrylonitrile butadiene styrene copolymer and polyamide. The tire industry is the main consumers of butadiene. Other applications for butadiene include paper chemicals and plastics production. BASF is […]
ReadDefinition Methanol is the contraction of Methyl Alcohol. Methanol may also be called, wood alcohol or wood spirit because it can be produced as a by-product of the wood distillation. Methanol is a light, colorless, flammable liquid at room temperature, and contains less carbon and more hydrogen than any other liquid fuel. Comments Methanol occurs naturally […]
ReadGazprom brings Shtokman back to square one Shtokman field was discovered in 1988, and is located 550 kilometers offshore northern Russian coast by 340 meters water depth. The recoverable reserves are estimated to 3.9 trillion cubic meters of natural gas. The project development is planned in three phases, each one to produce 23.7 billion cubic […]
ReadFujairah builds the third world biggest oil storage hub The Strait of Hormuz is channelizing 35% of the global oil maritime traffic. In a context of increasing tension with the neighboring Iran, Fujairah in the UAE is developing one of the biggest oil storage and export terminal in the world. The storage capacity of the […]
ReadPetroChina to secure its oil supply chain from Athabasca Fort McMurray to Kitimat, BC Step by step the China National Petroleum Company (CNPC or PetroChina), is putting in place all the pieces of its upstream puzzle from Athabasca, Alberta oil sands fields to Kitimat, BC. In 2011, PetroChina payed $1.9 billion capital expenditure to Athabasca Oil […]
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