NEWS
HERE YOU CAN FIND CURATED CONTENT
RELEVANT TO YOU: PROJECTS, TRENDS, FORECASTS,
BUSINESS OPPORTUNITIES, AND CONFERENCE UPDATES
Digital Oil & Gas
Working at Royal Dutch Shell’s Deepwater division in New Orleans gives Barbara Waelde a front-row seat to how the right data can unlock crucial information for the oil giant.
SOCAR is carrying out digital transformation of its oil and gas production.
A new methodology designed to address the major safety threat and multi-billion-dollar cost posed by corrosion under insulation (CUI) has been published by DNV GL.
Petrochemicals
The Energy Strategy till 2035 was adopted on 10-tn of June
French Air Liquide and Kazakhstan Petrochemical Industries (KPI) signed a long term contract for the supply of technical gases in Oct. 2019.
The contract also includes the associated engineering, proprietary equipment and catalyst supply. Technoleasing is a part of ESN Group - one of Russia's largest holding companies.
Base Oils & Lubes
FUCHS splans to invest EUR120 million particularly in Germany, the U.S.A., China, South Africa, Russia and Sweden.
Penthol is a global organization in the supply and distribution of oil products and petrochemicals.
Russian lubricants marketer VMPAuto opened a small grease plant in the industrial sector of St. Petersburg, near a port on the Gulf of Finland.
Energy Transition
in a time of turmoil
Carbon Tracker analyses the financial effects of the energy transition
Total announces today its ambition to get to net-zero emissions by 2050
Since 2000, ExxonMobil has invested nearly $10 billion in projects to research, develop and deploy lower-emission energy solutions.
Downstream
Security Matters and BASF will develop solutions for plastics traceability and circularity.
Indorama Ventures Public Company Ltd has announced it will increase its recycled polyethylene terephthalate recycling capacity to reach 750,000 tonnes per year by 2025, the company said in its recently released annual report.
GlobalData published a special report analyzing the trends and challenges EPC sector to face due to the Covid-19 crisis
Upstream
SOCAR is carrying out digital transformation of its oil and gas production.
The partnership between Naftogaz and Expert Petroleum will generate at least an additional 300 mcm of gas within five years from 13 small fields in Western Ukraine.
There is not enough demand for increasing the capacity of the gas interconnector between Romania and Hungary along the BRUA route from 1.75 billion cubic meters to 4.4 billion cubic meters per year.
Midstream
SNTGN Transgaz, has made public the Plan for the Development of the National Gas Transmission System for the period 2020-2029.
European natural gas storage inventories as of Mar. 1, 2020, were 60% full, the highest ever recorded level for the start of March, according to Gas Storage Europe’s Aggregated Gas Storage Inventory (AGSI+) and as reported by the US EIA
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.