Exxonmobil is offering to build Israel a floating LNG gas-ship to export from the Leviathan gasfield and thus bypass Egypt's planned LNG export facility. An Exxonmobil representative told various financial media that the company is still considering its options. Other sources cautioned that it is entirely likely no agreement...
Polish LNG terminal operator Polskie LNG has obtained a set of environmental and location decisions for all projects implemented under the LNG Terminal Expansion Program. The environmental permits are final, while the decisions issued by the Governor of West Pomerania are immediately enforceable (which stems directly from the provisions of...
Bloomberg says it has obtained documents confirming that Exxon Mobil Corp. is the latest company to raise concerns that a stockpile of U.S. government crude is tainted with poisonous gas. Exxon Mobil said some of the oil it purchased last year from the Energy Department’s Strategic Petroleum Reserve, or SPR,...
Sulzer GTC Technology has signed an agreement with JSC SIBUR-Neftehim (SIBUR) to provide its licensed pyrolysis gasoline (pygas) processing technologies. This includes design of the fractionation, first and second stage hydrotreating, aromatics extraction and thermal hydrodealkylation technologies. The system is intended to modernize gasoline production at SIBUR’s Kstovo olefins...
Global Data is forecasting that by 2023, China will account for 44% of Asian crude oil refining capacity; followed by India at 15% and Japan at 8%. China will drive the majority of growth in the crude oil refining industry in Asia between 2018 and 2023, according to GlobalData, a...
The CEO of French oil and gas company Total S.A, Patrick Pouyanne said that the company would buy 10 percent share of LNG terminals of Novatek in Murmansk and in the Kamchatka region of Russia, arctictoday.com reported. The statement came during a Thursday meeting in the Kremlin between Pouyanne and...
Petrobras digital transformation technology is high on the company's agenda, chief technology and production development executive officer Rudimar Andreis Lorenzatto told a "topical luncheon" audience on Day 1 at the 2019 OTC in Houston. Petrobras is the world's largest deepwater producer. Lorenzatto said the company's technological targets include: digital twins...
MacGregor, part of Cargotec, has received an order from the China National Offshore Oil Corporation (CNOOC) to supply the riser pull-in system for a deepwater Floating Production Unit (FPU) located on the China Sea Lingshui 17-2 gas field. The order is booked into Cargotec’s third quarter of 2019 order...
Wartsila renewables power plant contracts have been signed for projects to move the Caribbean and for Southeast Asia toward a 100 percent renewables future. The technology group Wärtsilä has won the contract to supply a 33 MW flexible power plant on a fast-track basis to the Barbados Light &...
India buys most of its oil from Saudi Arabia. But it buys Iranian crude as well. So now that waivers of U.S. imposed sanctions on Iranian oil sales are ending, India is in trouble. India is among eight countries that recieved a six-month waiver when the U.S. re-imposed sanctions on...