Keyword: oil and gas

News

Europe’s Utility Companies Store Gas in Case of Russian Cut

15.04.2014 - European utility companies are filling up gas storage sites to prepare for a potential Russian supply cut to Ukraine, the news agency Reuters reports. Russia says it is now owed...

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Norway's Statoil Disappointed With Shale Outside U.S.

10.04.2014 - Norway's Statoil, looking to become a global energy company, has been disappointed so far in its hunt for shale opportunities to match the quality of its U.S. assets, a senior...

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Antero to Supply Ethane to Ascent Project in West Virginia

09.04.2014 - Brazilian oil and petrochemicals group Braskem has secured an agreement with U.S. oil and gas producer Antero Resources for supply of ethane feedstock to the Ascent (Appalachian...

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Chevron Phillips Breaks Ground for $1.5 Million Cracker

08.04.2014 - Chevron Phillips Chemical (CP Chem) has held groundbreaking ceremonies for the new 1.5 m t/y ethane cracker to be built at its Cedar Bayou site near Baytown, Texas. The cracker...

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Linde and Shell in Joint Cracker Construction Pact

02.04.2014 - Linde and Shell Global Solutions have signed an Enterprise Framework Agreement (EFA) to jointly build ethane crackers worldwide. The ten-year pact, covering licensing, engineering...

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Wintershall to Test Drill for Shale Gas in Germany

31.03.2014 - BASF oil and gas subsidiary Wintershall plans to drill up to five test wells in the German state of North Rhine-Westphalia, with an eye to carrying out hydraulic fracturing, or...

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Sotragem Offers to Buy Mothballed LyondellBasell Refinery

31.03.2014 - Monaco-based oil products trading company Sotragem said it has offered to buy LyondellBasell's mothballed Berre refinery in southeastern France. Sotragem declined to say how much...

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BASF Total JV Starts Tenth Cracker Furnace at Port Arthur

26.03.2014 - BASF Total Petrochemicals, a 60:40 joint venture of BASF and French oil and petrochemicals group Total, has started up a tenth furnace at its Port Arthur, Texas, steam cracker. The...