Dow to increase customer focus and reduce costs Last July, The Dow Chemical Company (Dow) reported 31% tumbled earnings for the second quarter 2012 as the consequence of the global slowdown of the demand and depressed prices on global markets. Less than two months later Dow is publishing its new global organization to restore earnings […]
ReadConocoPhillips to merge Offshore experience and Cascade LNG know-how into its first Floating LNG In 1969 the ConocoPhillips Company (ConocoPhillips) pioneered liquefaction of natural gas (LNG) with its first LNG facility in Kenai LNG, Alaska, USA. Then ConocoPhillips optimized its process with a series of world-scale onshore LNG projects, Atlantic LNG, Egyptian LNG, Darwin LNG, Equatorial LNG and Angola […]
ReadStatoil FSU to strengthen Heidrun oil loading system Statoil and its partners, Petoro, ConocoPhillips and Eni, in the Heidrun oil and gas field awarded a new permanent floating storage unit (FSU) to the South Korean engineering company Samsung Heavy Industry (Samsung). Heidrun is an oil and gas field located in the Norwegian North Sea discovered by ConocoPhillips […]
ReadThe world largest publicly traded oil and gas company Based in Irving, near Houston, Texas, USA, Exxon Mobil Corporation (ExxonMobil) is listed in NYSE (XOM) and recognized as the world largest publicly traded international oil and gas company. ExxonMobil holds the largest oil and gas resources among the international oil companies (IOC) with 87 billion […]
ReadEnterprise to proceed with Appalachia-to-Texas pipeline The Houston-based Enterprise Products Partners L.P. (Enterprise) is opening since September 1st a period to offer the opportunity for long term commitments with additional capacity for its Appalachia-to-Texas (ATEX Express) pipeline. Enterprise is a North American midstream leading company providing transportation services for crude oil, refined products, natural gas, […]
ReadBP hits gas in Egypt Nile Delta Block North El Burg BP and International Egyptian Oil Company (IEOC), the local operating company of the Eni Egypt, confirmed two news gas discoveries, Taurt North and Seth South, in its offshore concession of the North El Burg, in the Nile Delta, Egypt. These findings follow 50 years of […]
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