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Petrofac JV wins US$229 million contract in Iraq
Petrofac has won a further inspection, maintenance and repair contract for the Rumaila oil field in Southern Iraq with its joint venture partner, China Petroleum Engineering & Construction Corporation (CPECC). The US$229 million contract was awarded by BP Iraq NV (BP), via the Rumaila Operating Organisation (ROO), following a competitive tender.

date.png12 Nov 2012 11:51 | comments.png 0 Comments | tags.png bp iraq m-east petrochina petrofac service [ More ]

Hothot FCC Unit Commissioned
The Hohhot Petrochemical Refinery Expansion Project has been completed with the commissioning of the Fluidised Catalytic Cracking Unit. The 2.8 Million ton per annum unit was successfully put into operation on the 28th of October.

date.png31 Oct 2012 06:39 | comments.png 0 Comments | tags.png asia china petrochina refinery [ More ]

Gladstone Fisherman’s Landing LNG Project Gas Supply Progress
The Directors of Liquefied Natural Gas Limited (ASX: LNG, LNG Ltd) are pleased to announce that:

date.png13 Sep 2012 11:14 | comments.png 0 Comments | tags.png australia lng lngltd petrochina [ More ]

Gas Supply Letter Of Intent Signed With Petrochina Australia
Liquefied Natural Gas Limited (ASX: LNG, LNG Ltd) and PetroChina International Investment (Australia) Pty Ltd (PetroChina Australia) have executed a non-binding Letter of Intent in relation to securing gas supply for LNG Ltd’s proposed 3 million tonne per annum LNG project at Fisherman’s Landing, in the Port of Gladstone, Queensland (LNG Project). The LNG Project is presently based on two LNG trains; each of 1.5 million tonnes per annum guaranteed LNG production capacity.

date.png05 Aug 2012 07:44 | comments.png 0 Comments | tags.png australia lng lngltd petrochina [ More ]

Tuban Block Production Reaches 100 Million Barrels
The Friday occasion also celebrated the achievement of JOB Pertamina-PetroChina East Java (JOB-PPEJ) for producing 100 million barrels of oil and the 500th oil shipment from the Sukowati Field.

date.png18 Jul 2012 16:41 | comments.png 0 Comments | tags.png asia indonesia pertamina petrochina upstream [ More ]

Iraq: Total and partners PetroChina and Petronas start production from the Halfaya oil field
Total announces that the consortium led by PetroChina has started raising production from the Halfaya field to reach in its first phase an average of 70,000 barrels a day from newly built facilities.

date.png28 Jun 2012 05:43 | comments.png 0 Comments | tags.png iraq m-east petrochina petronas total upstream [ More ]

Global energy firms announce LNG Canada
Shell Canada Limited, Korea Gas Corporation (KOGAS), Mitsubishi Corporation, and PetroChina Company Limited today announced they are jointly developing a proposed liquefied natural gas (LNG) export facility near Kitimat, British Columbia. The LNG Canada project ( - opens in new window) brings together the four companies’ extensive development experience, technical depth, financial strength and access to markets required to be the leading LNG developer in Canada. LNG Canada would connect the abundant supply of Canadian natural gas to growing markets around the world. This also begins the formal consultation process with First Nations and local community residents regarding the project.

date.png15 May 2012 19:33 | comments.png 0 Comments | tags.png canada kogas lng mitsubishi n-america petrochina shell [ More ]

Advance negotiations to build Nanhai refinery
Was successfully held on 3rd. Steering Committee for the construction of the Nanhai refinery in China, where the Vice President of Refining Marketing and Supply of PDVSA, Asdrubal Chavez, and technical staff of Petrochina, continued the discussion of bargaining agreements that will build the refinery Nanhai and refurbish and complement the economic relations between China and Venezuela.

"China has become for us an important source of funding that is paid for by our oil supply, but also an invaluable source of technology that we have incorporated in Venezuelan production sectors, such as the agricultural, industrial, pharmaceutical and infrastructure. With regard to telecommunications, we are working to launch the second satellite with the Chinese and the institute have already made space, "said Asdrubal Chavez.

The agreement includes the construction of three new refineries in China. Currently in the planning of these international oil infrastructure projects, is scheduled execution of a first major refining center in the city of Yang Jie. The Nanhai refinery will have a processing capacity of 400 thousand barrels per day (bpd) and is expected to begin operations in 2015. It will cost about 8 billion 300 million dollars.

The overall refining capacity of 800 thousand barrels: it starts with 400 thousand B / D refinery in Nanhai, 200 bpd refinery in Weihai, dated starting in 2016 and finally 200 MBD refinery in Shanghai, begin operations in 2019.

This business expansion megaproject Venezuelan refining reliable Venezuela opens doors to conquer the Asian market and guarantees a major oil installation at the international level, thanks to this unprecedented alliance promoted by the Bolivarian government.

Refining plant in Nanhai, PDVSA will have 40 percent ownership and 60 percent of PetroChina, in order to send Venezuelan crude from the Orinoco Oil Belt to China for refining and supply high quality products.

Vice President of Refining, Marketing and Supply of PDVSA, Asdrubal Chavez, also recalled that the energy relationship began between 2004 and 2005 when only 20 were sent to China MBD, at present, are supplied to China nearly 500 barrels of oil.

These agreements allow funding for energy development projects in Venezuela, through the Chinese-Venezuelan Fund. These funds join the economy about 32 billion dollars to more than 200 projects in different areas of the Venezuelan productive sectors.

date.png25 Apr 2012 06:06 | comments.png 0 Comments | tags.png asia china pdvsa petrochina refinery [ More ]

Arrow Energy welcomes approval from Bow Energy shareholders
Australia’s Arrow Energy Holdings Pty Ltd today welcomed the outcome of a shareholder meeting of Bow Energy Ltd, at which shareholders voted to approve the acquisition of Bow Energy by Arrow Energy. Over 95 per cent of shares voted in favour of the Scheme of Arrangement, representing over 85 per cent of shareholders by number.

date.png21 Dec 2011 08:50 | comments.png 0 Comments | tags.png arrow australia deals lng petrochina shell [ More ]

Qatargas delivers first Q-Max LNG Cargo to China
Qatargas today delivered its first Q-Max Liquefied Natural Gas (LNG) cargo to the People’s Republic of China.

date.png21 Nov 2011 07:09 | comments.png 0 Comments | tags.png china lng petrochina qatargas [ More ]
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