Yantai-based Jereh Group, a private Chinese oil and gas equipment manufacturing company, released the world's first electric-drive fracturing equipment on April 20. The drive will significantly reduce costs and improve the efficiency of shale gas extraction. China has the largest proven reserves of shale gas globally. And among the integrated...
CorteCros®, part of Cortec® Corporation Europe has expanded its warehouse location in Split, Croatia, with a new manufacturing facility and laboratory. Cortec’s proprietary VpCI®/MCI® products are now manufactured in Split in accordance with REACH regulation, which enables them to be shipped everywhere inside the European Union in record time. ...
Gazprom PJSC forecasts a conservative natural gas production outlook for 2019, based on warm weather and growing competition from Russian-piped super-chilled fuel. “We plan to produce 495 Bcm of gas this year,” deputy CEO Vitaly Markelov said in an interview to Gazprom's in-house publication, excerpted by Bloomberg. Markelov was reiterating...