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Petrochemicals

Maire Tecnimont awarded technology contracts in Korea, Russia and India

Maire Tecnimont has been granted awards for a total amount of approximately $10 million for technology-driven engineering services and feasibility studies in the petrochemical sector.

Gazprom Neftekhim Salavat plans to modernise its urea plant

Gazprom Neftekhim Salavat (GNS) continues work on a project to increase the productivity of its urea plant together with the Research and Design Institute of Urea and Organic Synthesis Products

All Petrochemicals news

Digital Oil & Gas

Cognite Awarded Google Cloud Technology Partner of the Year 2019 for Manufacturing

Cognite Data Fusion (CDF) recognized for operationalizing data, optimizing operations and maximizing the value of digitalization.

Accenture and SAP Launch Upstream Oil and Gas Solution to Help Streamline Processes and Costs

SAP S/4HANA Cloud solution for upstream oil and gas helps clients to further increase visibility into operations and cash flow using AI technologies

C3.ai and Shell – a successful journey in modernising oil and gas

Having joined forces in 2018 Shell and C3.ai have built a successful partnership in the digital transformation of the oil industry giant.

All Digital Oil & Gas news

Base Oils & Lubes

FUCHS Group says it will continue with planned investments in 2020

FUCHS splans to invest EUR120 million particularly in Germany, the U.S.A., China, South Africa, Russia and Sweden.

Penthol to sponsor the CIS Base Oils & Lubricants Gala Reception

Penthol is a global organization in the supply and distribution of oil products and petrochemicals.

VMPAuto opened grease plant in St. Petersburg

Russian lubricants marketer VMPAuto opened a small grease plant in the industrial sector of St. Petersburg, near a port on the Gulf of Finland.

All Base Oils & Lubes news

Downstream

GPC Invest to build $860 mln Kashagan gas processing plant

Kazakh GPC Invest will build a $860 million gas processing plant near the Central Asian nation's biggest oilfield, Kashagan.

The Omsk Refinery has completed the installation of main equipment at the new primary oil refining complex

The Omsk refinery, owned by Gazprom Neft, has completed the installation of the main operating equipment of the primary oil refining complex.

OMV Petrom developed a new low-sulfur marine fuel oil

OMV Petrom developed at Petrobrazi refinery a new low-sulfur marine fuel oil, following 3 million euros investment.

All Downstream news

Upstream

Accenture and SAP Launch Upstream Oil and Gas Solution to Help Streamline Processes and Costs

SAP S/4HANA Cloud solution for upstream oil and gas helps clients to further increase visibility into operations and cash flow using AI technologies

Ilya Ponomarev, Trident Acquisition - Prize Draw winner

Black Sea Oil & Gas survey prize draw winner is announced. Globuc thanks all participants for sharing their contributions

Shearwater GeoServices to work on Bulgaria Black Sea 3D survey for Total

Shearwater GeoServices Holding AS is announced the award of a large towed streamer 3D acquisition and Fast Track processing project in the Black Sea by Total.

All Upstream news

Midstream

European gas storage inventories set all-time March record

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

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