Exxon discovered the Liza-2 field
According to Forbes, Exxon made a big discovery at its new well offshore Guyana, called Liza-2. It builds on the success of 2015’s Liza-1. At Exxon’s …
End-User Industries
China and Mongolia put on hold a 315-MW hydro plan on environmental concerns
Chinese and Mongolian institutions have announced they have placed a temporary hold on constructing the proposed 315-MW Egiin Gol hydroelectric project on the …
Rosneft and ChemChina ready for a joint venture
Rosneft CEO Igor Sechin and China National Chemical Corporation Chairman Ren Jianxin have signed Heads of Agreement for cooperation in respect of Far Eastern …
BP and Rosneft formed a joint venture for explorations in Siberia
Rosneft and BP have signed final binding agreements to create a new joint venture, Yermak Neftegaz LLC, to conduct exploration in the West Siberian and …
Technip acquired the Hummingbird olefine technology by BP Chemicals
Technip has completed the acquisition of Hummingbird ethanol to ethylene technology from BP Chemicals Ltd. Utilizing a proprietary catalyst operating under …
Gazprom, Linde, Power Machines and Salavatneftemash togere for Russian LNG projects
Alexey Miller, Chairman of the Gazprom Management Committee, Wolfgang Buechele, Chief Executive Officer of Linde, Alexey Mordashov, Chairman of the Board of …
TransCanada is ready to invest $2.1bln in Mexico
After the rejection of Keystone XL pipeline by Obama administration, TransCanada Corp. said it would build and operate a $2.1 billion natural gas pipeline in …
Evonik scheduled the reopening of the Mobile, Alabama plant
Evonik will begin preparations for reopening its specialty polyesters production plant located in Mobile, Alabama. The revitalization of the plant is scheduled …
ENGIE increased oil production from Gjoa field
By continually challenging limitations and spotting potential, ENGIE E&P have increased the current gas production from Gjoa in the North Sea by 17.5 per …
A 550-MW hydroelectric plant will be built in Turkey
Engineering consultancy Poyry and consortium partner Temelsu have been awarded a contract to provide detailed design services for the 500-MW Lower Kelekoy …