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Axens’ Connect’in Services Selected By Marathon Petroleum Corporation in US
US >> 1/16/2019 - Marathon Petroleum Corporation (MPC) has implemented Axens’ Connect’InTM services for real-time process monitoring and optimization of multiple Continuous Catalytic Regenerative (CCR) Reformers and mu...
Phase 13 Refinery Ready to Sweeten 56 mcm/d Gas
IR >> 1/1/2019 - The onshore refining facility of South Pars Phase 13 is now prepared to be fed by all the gas produced at the offshore phase in the Persian Gulf. Operator of SP 13 project Payam Motamed said that the ...
Amerisur Resources Announces CPO -5 Operational Update
CO >> 1/2/2019 - Amerisur Resources Plc, the oil and gas producer and explorer focused on South America is pleased to provide an operational update regarding the initial short term testing (STT) at the Indico-1 well o...
RIPI Joins Refinery Project in Qeshm
IR >> 12/30/2018 - The Research Institute of Petroleum Industry (RIPI) has signed an agreement with a private company to join a refinery project in Qeshm Free Trade Zone. The deal is aimed at cooperating in investing, d...
First Phase of Heydar Aliyev Refinery Modernization Completed
AZ >> 12/21/2018 - • The first phase of the modernization project has been finished with the launch of a new bitumen plant and gas filling station. ...
Omsk Refinery to Receive Domestic Large-Scale Equipment
RU >> 11/20/2018 - The Gazprom Neft Omsk Refinery has concluded an agreement with Izhorskskiye Zavody (a machine-building enterprise, part of the OMZ Group) for the production of large-scale equipment for construction o...
ADNOC & Mubadala to Jointly Explore Global Investment and Growth Opportunities
AE >> 11/14/2018 - The Abu Dhabi National Oil Company (ADNOC) and Mubadala Investment Company (Mubadala) signed a framework agreement to explore together potential global growth opportunities that build on Mubadala’s di...
Kuwait's Fifth Refinery to Cost $5-$6Bln
KW >> 11/6/2018 - Kuwait's fifth refinery will cost $5 bln to $6 bln, Hatem Al-Awadhi, Kuwait Integrated Petroleum Industries Company (KIPIC)Hatem Al-Awadhi said in remarks carried by al-Qabas newspaper. ...
SP20-21; Liquid Gas Reservoirs Exploited
IR >> 10/29/2018 - In order to complete the value chain of the phases 20-21, liquid gas reservoirs started being exploited by gas entry to the butane reservoirs. The exploitation was carried out by the use of processing...
Egypt's Midor Refinery Agrees $1.2B Loan with 3 International Banks
Egypt's Midor Refinery Agrees $1.2B Loan with 3 International Banks EG >> 10/31/2018 - Egypt’s state-owned Middle East Oil Refinery Company (Midor) has signed a $1.2 billion loan agreement with three international, the petroleum ministry said in a statement. ...
Aramco Expands Presence in China Refining Market with Signing of MOU with Zhejiang Petrochemical
CN >> 10/19/2018 - Saudi Aramco recently signed an MoU with Chinese Zhejiang provincial government during the 2nd International Petroleum and Natural Gas Enterprises Conference (IPEC), to acquire a share of Zhejiang Pet...
SOCAR’s Giant Investment Project - STAR Refinery Launched
TR >> 10/19/2018 - SOCAR, the largest direct foreign investor in Turkey, launched its $6.3-billion SOCAR Turkey Aegean Refinery - STAR Refinery, which will provide a large portion of oil products demand in the local mar...
Brazil's Petrobras & China's CNPC Sign Accord Advancing JV
BR >> 10/16/2018 - Brazilian state-run oil firm Petroleo Brasileiro SA and a subsidiary of China National Petroleum Corp (CNPC) have signed an agreement to study the economic viability of completing construction of the ...
Bottom of the Barrel Technology – A key Solution for Middle East Refiners
Bottom of the Barrel Technology – A key Solution for Middle East Refiners BH >> 10/15/2018 - Residue Upgrading is increasingly recognised as a key solution to the pressing challenge of meeting the growing market for cleaner fuels, the gradual substitution of heavier feedstock and the decreasi...
Journalists at the TANECO Complex
RU >> 10/12/2018 - Dmitry Vorobyov, General Director of PJSC OMZ, and Yury Gordienkov, General Director of PJSC Izhorskiye Zavody, visited the TANECO Complex on October 11 in the framework of the journalists’ team press...
Output Hike Possible in Salman Oil Field
IR >> 12/30/2018 - Salman oil field located in the Persian Gulf is jointly owned by Iran and the United Arab Emirates (UAE). The offshore shared field has high-pressure gas layers, too. Discovered about 45 years ago, th...
Aramco Signs About $85B Investment Agreements in 2018
Aramco Signs About $85B Investment Agreements in 2018 SA >> 12/27/2018 - In March 2018, Saudi Aramco participated in the Saudi-U.S. CEO Forum held in New York to promote bilateral business and cooperation between the two countries. During this forum, Aramco discussed $10B ...
Husky Energy Announces 2019 Budget and Production Update
CA >> 12/20/2018 - Husky Energy plans to spend approximately $3.4 billion on its capital expenditure program in 2019 as it continues to invest in a deep portfolio of higher-margin, longer-life projects. This is about $3...
SOCAR & BP Explore the Creation of a New Petrochemicals Joint Venture in Turkey
TR >> 12/20/2018 - BP and SOCAR Turkey have signed a heads of agreement (HoA) to evaluate the creation of a joint venture that would build and operate a world-scale petrochemicals complex in Turkey. ...
ADNOC, Cepsa Award Engineering Contract to Spain's Tecnicas Reunidas
ADNOC, Cepsa Award Engineering Contract to Spain's Tecnicas Reunidas AE >> 12/18/2018 - The Abu Dhabi National Oil Company (ADNOC), and its project partner Cepsa, have announced the awarding of a key contract, as both companies move forward with plans to develop a world-scale Linear Alky...
McDermott Awarded Two Polypropylene Technology Contracts
IN >> 12/18/2018 - McDermott International, Inc. has been awarded two sizeable* technology contracts by Indian Oil Corporation Ltd. (IOCL) for the license and basic engineering design of a 200 KTA polypropylene plant in...
Russia's Lukoil Buys First Iraqi Kirkuk Crude since Flows Resume
IQ >> 12/12/2018 - The first cargo of Iraqi Kirkuk crude to change hands since flows resumed last month has been sold to Litasco, the Swiss-based trading arm of Russian oil producer Lukoil, ship-tracking data and a ship...
ADNOC Awards China ZhenHua Oil a 4% Interest in Its Onshore Concession
ADNOC Awards China ZhenHua Oil a 4% Interest in Its Onshore Concession AE >> 12/9/2018 - The Abu Dhabi National Oil Company (ADNOC) announced the four percent stake in its onshore concession, previously held by CEFC China Energy Company Limited (CEFC China), has been acquired by North Pet...
SOCAR Selects Honeywell for Heydar Aliyev Modernization Project
SOCAR Selects Honeywell for Heydar Aliyev Modernization Project AZ >> 12/6/2018 - Honeywell announced today that the State Oil Company of Azerbaijan Republic (SOCAR) will use Honeywell UOP’s Pressure Swing Adsorption (PSA) technology to supply high-quality hydrogen as part of the m...
LyondellBasell Grants Spherizone License to China Petroleum Materials Limited Corporation
CN >> 12/5/2018 - LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, today announced that China Petroleum Materials Limited Corporation (CPMC) and Petrochina Liaoyang Petr...
Innovative Methods of Tight Gas Development win Top Science and Technology Prize
RU >> 11/29/2018 - The award ceremony for the 2018 edition of Gazprom’s Science and Technology Prize took place at the meeting of the Company’s Management Committee. The paper entitled “Creating and adopting innovative ...
Hanwha Total Petrochemical Invests in a New Polypropylene Plant
KR >> 12/3/2018 - Hanwha Total Petrochemical, a 50/50 joint venture between Total and Hanwha, will invest nearly $500 million to further expand its Daesan integrated refining and petrochemical complex in South Korea. T...
Rosneft & CNPC Chairman Wang Yilin Hold Working Meeting
RU >> 11/29/2018 - Igor Sechin, the Chief Executive Officer of Rosneft Oil Company, and Wang Yilin, the Chairman of the Board of the China National Petroleum Corporation (CNPC), held a working meeting during the first R...
Rosneft & Chinese Hengli Group Signed a Cooperation Agreement
RU >> 11/29/2018 - Rosneft Oil Company and Chinese Hengli Group signed a cooperation agreement as part of the first Russian-Chinese energy business forum. The document was signed by Igor Sechin, Chief Executive Officer ...
Gazprom Neft’s Board of Directors Confirms the Company’s Development Strategy to 2030
RU >> 11/26/2018 - Gazprom Neft’s Board of Directors has reviewed and confirmed the company’s development strategy to 2030. The new document continues current strategy to 2025, which envisages achieving production at 10...
Arabtec Unit Wins $142mn Contract from Tecnicas Reunidas
AE >> 11/12/2018 - ADNOC ONSHORE has issued a Letter of Award (LOA) to Tecnicas Reunidas for the execution of the facilities for the Bu Hasa Integrated Field Development Project in UAE.

ADNOC ONSHORE ha...
ADNOC Grants Total 40% Stake in Unconventional Gas Concession
ADNOC Grants Total 40% Stake in Unconventional Gas Concession AE >> 11/11/2018 - On behalf of the Abu Dhabi government, the Abu Dhabi National Oil Company (ADNOC) has signed an agreement with French oil and gas major Total, granting it a 40% stake in the Ruwais Diyab Unconventiona...
EPA’S Final Refinery Emission Rule Confirms Industry’s Progress on Environmental Protection
US >> 11/8/2018 - Today the American Petroleum Institute released the following statement regarding EPA’s final rule on refinery emissions regulations. The agency’s analyses and years of review confirm that refineries ...
Supreme Petroleum Council Approves ADNOC’s 2019-2023 Business Plan
Supreme Petroleum Council Approves ADNOC’s 2019-2023 Business Plan AE >> 11/4/2018 - Abu Dhabi’s Supreme Petroleum Council (SPC) approved the Abu Dhabi National Oil Company’s (ADNOC) new integrated gas strategy and plans to increase its oil production capacity to 4 million barrels per...
South Pars Phase14; the Second Platform Started Up
IR >> 10/27/2018 - The satellite platform,14C, started to produce sour gas from the south pars tank. Announcing the production capacity of 500 million cubic feet for the platform 14c, Hamid Reza Masoudi, the director of...
Aramco Signs 15 MOUs at the FII Forum Worth $34B
Aramco Signs 15 MOUs at the FII Forum Worth $34B SA >> 10/23/2018 - At the highly impactful Future Investment Initiative (FII) forum in Riyadh, Saudi Aramco signed 15 Memoranda of Understanding (MoUs) and strategic and commercial collaborations valued at more than US...
Nigeria's Senate to Probe Alleged $3.5b NNPC Fuel Subsidy Fund
NG >> 10/16/2018 - Nigeria’s upper house of parliament plans to investigate an alleged $3.5 billion fuel subsidy fund at state-oil firm NNPC, lawmakers said on Tuesday. ...
McDermott Awarded EPC Contract for Delayed Coker Unit for LUKOIL Refinery
RU >> 10/16/2018 - McDermott International, Inc. has been awarded a significant contract by LUKOIL NizhegorodNefteorgSyntez, a subsidiary of JSC LUKOIL, for the engineering, procurement and construction (EPC) of the Del...
ADNOC Aims to Deepen Energy Partnership Opportunities with India
AE >> 10/15/2018 - His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC), met, with His Excellency Narendra Modi, Prime Minister of India, at an invi...
Echo Energy & YPFB Sign Evaluation Agreement for Rio Salado Block
BO >> 10/15/2018 - Echo Energy plc, the Latin American focused upstream oil and gas company, is delighted to announce the signature on Friday 12 th October 2018 of a Technical Evaluation Agreement (TEA) for the Rio Sala...

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