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RELEVANT TO YOU: PROJECTS, TRENDS, FORECASTS,
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Petrochemicals

Kazakhstan will diversify its economy by developing its petrochemical industry

Diversification of Kazakhstan's economy is possible through the development of projects in the petrochemical industry, the Oil and Gas Strategic Partnership Development Council said.

Petrochemical and gas-chemical industrial parks to be launched in Tatarstan

“Alabuga-2. Petrochemicals” and “Alabuga-3. Gas-chemicals” industrial parks will be created in Tatarstan. The investment will amount to 2 trillion rubles.

Project finance documentation signed for Amur Gas Processing Plant

22 European, Asian and Russian banks will provide €11.4 billion of debt financing to Gazprom for the Amur Gas Processing Plant construction.

All Petrochemicals news

Digital Oil & Gas

Digitalization for the lubes industry

Diana Dzaka, Digital Transformation Director, YCP SOLIDIANCE, talked about the challenges facing the industry and how market players can benefit from global trends such as the electric car spread, globalisation, and total digitalisation.

Bentley Systems and Siemens are developing an application delivering operational digital twins

Bentley Systems is developing an application with Siemens which delivers operational digital twins as a result of downstream in operations.

Norwegian Equinor to take a stake in Bill Gates-backed Kobold Metals

Equinor, the Norwegian state-backed energy company, will take a stake in San Francisco-based start-up Kobold Metals that already counts Bill Gates as an investor.

All Digital Oil & Gas news

Base Oils & Lubes

84% of drivers in Russia are men

84% of motorists in Russia are men, while just 16% are women, according to the local subsidiary of French energy giant Total’s research.

Digitalization for the lubes industry

Diana Dzaka, Digital Transformation Director, YCP SOLIDIANCE, talked about the challenges facing the industry and how market players can benefit from global trends such as the electric car spread, globalisation, and total digitalisation.

ACEA 2018 delayed until 2020

The European Automobile Manufacturers Association’s (ACEA) 2018 engine oil sequences will be delayed until mid-2020.

All Base Oils & Lubes news

Downstream

Kazakhstan's Ministry of Energy expects 5% increase in oil refining in 2019

The Ministry of Energy of Kazakhstan expects that the oil refining amount at the refineries in 2019 will amount to 17.1 million tons, which is 5% more than the previous year.

Repsol plans to reach zero net emissions by 2050

Repsol announced that it plans a 10% reduction by 2025, 20% by 2030, 40% by 2040, and net zero CO2 emissions by 2050.

Projects are people's business

Frank-Peter Ritsche, CEO at Project Team, speaks about project management. Downstream Project Management Conference, Frankfurt 2018

All Downstream news

Upstream

OMV Petrom to transfer 40 onshore oil and gas fields to Dacian Petroleum

OMV Petrom reached an agreement for the transfer of 40 onshore oil and gas fields in Romania to Dacian Petroleum as part of a business transfer arrangement.

Kongsberg Digital to digitalize Shell’s Nyhamna gas facility in Norway

The contract was signed for gas processing and export hub for Ormen Lange and other fields connected to the Polarled pipeline.

Romanian GSP group manages drilling operation for Lukoil and Romgaz project

Comanescu bets on the promising Black Sea offshore gas projects as it is the only company in the region offering offshore integrated services.

All Upstream news

Midstream

Romanian Government suggested Romgaz replace ExxonMobil in major Black Sea gas project

Romania’s energy minister Virgil Popescu suggested Romgaz should evaluate the option of taking over the stake held by ExxonMobil in the Black Sea offshore gas project.

We believe it all comes down to trust

Interview with Radi Basha, Partner, Abkons

All Midstream news