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Oil Field
9,423 Meters: China Opens Asia's Deepest Oil and Gas Well
The Yuejin 3-3XC well of Sinopec in Tarim Basin, northwest China's Xinjiang Uygur Autonomous Region, November 15, 2023. /CMGChina's petrochemical giant …
Carbon Capture
Indonesia Says Exxon Mobil Plans to Invest up to $15 Bln in the Country
ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsU.S. oil major Exxon Mob…
Oil & Gas Trade
Qatarenergy-Sinopec's Long-Term LNG Contract Likely Priced Around 12.7% Slope to Oil
The LNG sales and purchase agreement signed between QatarEnergy and China Petrochemical Corp., or Sinopec, was likely priced around 12.7% slope to crude oil, wi…
Geothermal Power Plant
OMV and Wien Energie Partner for Deep Geothermal in Vienna, Austria
OMV and Wien Energie form the "deeep" joint venture to advance deep geothermal projects in Vienna, Austria (source: OMV)The Austrian integrated oil, gas, and pe…
Oil & Gas Trade
Qatarenergy and Chevron Phillips Chemical Secure $4.4bn Financing for Ras Laffan Petrochemicals Project
QatarEnergy and Chevron Phillips Chemical Company LLC (CPChem) yesterday announced that they have secured $4.4bn financing for the Ras Laffan Petrochemicals pro…
Oil & Gas Trade
NNPCL Signs MoU On Gas Supply With Indorama
The Nigerian National Petroleum Company Limited (NNPCL), has signed a landmark Memorandum of understanding with Indorama Eleme Petrochemicals Limited on gas sup…
Geothermal Power Project
WGC2023 in Beijing, China Highlights Global Geothermal Growth and Potential
The opening ceremony of the World Geothermal Congress 2023 in Beijing, ChinaThe 7th World Geothermal Congress (WGC2023), hosted by China Petrochemical Corporati…
Biorefinery
Italy's Eni and Lg Chem Team Up for Biorefinery in South Korea
The sustainable mobility unit of Italy's Eni (ENI.MI) and petrochemicals maker LG Chem (051910.KS) have teamed up to explore the potential development of a …
Geothermal Drilling
Sinopec Starts Drilling of 5000-M Geothermal Well in China
Haikou Century Bridge in Haikou City, Hainan Province, China (source: Michelle Hubbard, Public domain, via Wikimedia Commons)The China Petrochemical Corporation…
LNG
Australia's Kinetiko Energy in Talks With Sasol on Gas Supply Deal
Australian gas explorer Kinetiko Energy, which has found shallow sandstone gas in South Africa, has started talks with petrochemical company Sasol (SOLJ.J) on a…
Oil & Gas Trade
Indian Oil Corporation to Invest Rs 4 Trillion to Expand Oil Refining and Petrochemical Businesses
Indian Oil Corporation on Friday said it plans to invest over Rs 4 lakh crore (trillion) in this decade to expand its oil refining and petrochemical businesses …
Oil&Gas Drilling
Indianoil Sets Sight on Being '360-Degree Energy' Company; To Invest Rs 4 Lakh Crore
India's top fuel retailer Indian Oil Corporation will invest over Rs 4 lakh crore in this decade to expand oil refining and petrochemical business as well a…
LNG
Gail to Invest Rs 30,000 Crore in Next Three Years to Explore Global Lng Supplies
Sandeep Kumar Gupta.Sourced by the TelegraphGAIL plans to invest Rs 30,000 crore in the next three years as it expands its petrochemical capacity and scouts for…
Oil and Gas Equipment
Totalenergies Reports Pump Leak, Unit Shutdown at Texas Oil Refinery
TotalEnergies Petrochemicals & Refining USA reported a leaky pump at its oil refinery in Port Arthur, Texas, which it said forced it to shut down a unit."A pump…
Hydro Generator Unit
A Cracker of an Upgrade
A cracker of an upgradeTargeted pump and turbine retrofits boost output and reliability at Philippines naphtha crackerSulzer’s expertise in rotating equip…
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