Stay up to date with the latest news and updates from the downstream industry.
Sinopec has commenced commercial operation at its new refining complex in Quanzhou, China, and has signed a preliminary deal worth US$ 9 billion with Kuwait to build another facility in southern China.
Air Products has signed a long term supply contract and plans to construct a new hydrogen plant in the Netherlands, serving ExxonMobil’s Rotterdam refinery.
Russia and China are moving towards a mammoth energy deal, with the signing of dozens of commercial pacts worth US$ 3.5 billion and with the framework in place for a natural gas pipelines agreement.
Nigeria’s Federal Government has removed the US$ 1 million deposit previously in place for investors planning to build private refineries
Despite economic and environmental hurdles, BP’s Whiting refinery modernisation project has reached one third of the way towards completion.
Our existing fleet of fossil-fueled power plants represents a massive investment. With permits and infrastructure already in place, conversion upgrades can produce fast results at greatly reduced cost compared to new construction. Here are some ideas:
Saudi Aramco and ConocoPhillips plan on awarding contracts for the Yanu refinery in May 2010.
The power sector has undoubtedly been hit hard by the global credit crunch. The good news is though, that we are now seeing some positive signs of recovery, with the sector beginning to slowly bounce back with more money being invested in new projects.
Petrobras and CTC Consortium have signed a new construction agreement for construction at the Comperj refinery.
Oil exploration and production technology holds the key to secure CO2 storage, a report published by the CO2 Capture Project (CCP) has recently highlighted. The report provides a definitive treatment of the CO2 storage subsurface technical issues and how oil and gas experience, technology and protocols are available now to address them.
India currently has 19 refineries with a total capacity of 3.76 million bpd and gasoline and automotive diesel account for 50% of total domestic refinery production in the country. Delhi is currently the CNG capital of the world.
Saudi Aramco Total Refining and Petroleum Company has begun awarding EPC contracts for the Jubail refinery.