Oil & Gas Weekly (OGW) | View online | 13 June 2014 | 中文   
OIL

Shell Senses Huge Profit Potential on Oil in China

Multinational oil company Royal Dutch Shell Plc will continue to invest in China and considers the country to be its most important market in which to grow its retail business...

Houston Company Plans to Power China

Robert Rigdon, president and CEO of Houston-based Synthesis Energy Systems Inc. (Nasdaq: SYMX), has a plan for using cheap, low-quality coal in a much "cleaner" way to ....

CNOOC Positive about Weizhou Offshore Production

CNOOC plans to further develop offshore production from its Weizhou plays off China’s southern coast, according to Liao Hongyue, director of the Weizhou Island Terminal...

Leyshon Energy Seeks to Exploit Opportunities in China

John Manzoni, chairman of Leyshon Energy, told shareholders at its AGM of the opportunities for the company in Cnina.He said: "China is short of energy....

GAS

Sinopec Targets Chinese Shale with First-of-Its-Kind FTSI Joint Venture

TUpon incorporation in China, the joint venture company, SinoFTS Petroleum Services (SinoFTS), will be owned 55 per cent by Sinopec and 45 per cent by FTSI. SinoFTS is...

Russian National Welfare Fund Assets May be Invested in Gas Pipeline to China

Russia’s National Welfare Fund assets may be invested in the construction of a gas pipeline to China, Minister of Economic Development Alexei Ulyukayev said....

China Set for ‘Golden Age’ of Natural Gas

In its latest medium-term forecasts for the natural gas sector, the IEA trimmed its five-year outlook for consumption by 0.2 points to an annual increase of 2.2 per cent as ....

FTS International Enters China with Sinopec JV

FTS International said on Tuesday it has signed a 15-year joint venture with China's Sinopec Group in a first-of-its-kind partnership that brings the U.S. company's expertise ...

Upcoming & Ongoing Projects

ESSO - Bass Strait VIC/RL 4 Exploration

Name of ClientEsso Australia Resources Pty Ltd   Estimated Budget ($ US):1,300,000,000    Facility TypeExploration    Sector:Oil Gas Offshore    Status:Feasibility Study...

BP - North Sea Ula Field

Name of Client:BP    Estimated Budget ($ US):2,200,000,000    Facility Type:Oil & Gas Field    Sector:Oil Gas Offshore    Status:Engineering & Procurement...

HESS - Equus Natural Gas Development

Name of Client:HESS - HESS CORPORATION    Estimated Budget ($ US)500,000,000    Facility Type:Gas Exploration    Sector:Gas Offshore    Status:FEED...

INFIGENENERGY - Flyers Creek Wind Farm

Name of ClientInfigen Energy    Estimated Budget ($ US):500,000,000    Facility Type:Wind    Sector:Renewable    Status:Feasibility Study...

PETROCHEMICALS

Tianhe Chemicals Said to Plan Pricing Hong Kong IPO Near Low End

Tianhe Chemicals Group Ltd. and its owners are poised to raise about $654 million in a Hong Kong initial public offering after selling shares near the bottom of...

Sipchem, Sahara Blame Regulatory Framework for Merger Collapse

DUBAI, June 8 (Reuters) - Saudi International Petrochemical Co (Sipchem) and Sahara Petrochemical called off their proposed merger on Sunday, citing an inadequate regulatory ...

Blaze At Dutch Shell Chemical Plant Extinguished, Two Hurt

AMSTERDAM, June 4 (Reuters) - Dutch firefighters on Wednesday extinguished a fire that had raged overnight at a chemical plant near the southern port city of...

Industry News

China Looks Abroad For Shale Technology

CHINA'S shale patch has so far been a richer opportunity for foreign oilfield service companies than for the supermajors that initially moved to....

Global Natural Gas Demand and Output Growth Falter

Natural gas demand growth fell last year and rising U.S. production “abruptly slowed”, the International Energy Agency said on Tuesday, showing a pause compared with...

Natural gas to face stiff competition from coal and renewables: IEA

Global natural gas demand will increase at a slower rate than previously expected through 2019 amid weaker economic growth and competition from coal...

View of Experts

Technical Points of LNG bunker and Ship to Ship (STS) Bunkering

• FAN HONGJUN, Wuhan Rules & Research Institute, CCS       Click for PDF File from Topco

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Oil and Gas Events by Topco 2014

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Oil & Gas Weekly(OGW), produced by The Oriental Pro-Energy Consulting Organization (Topco), is a bilingual weekly e-periodical. After editors' handpicks, we collect all the useful market information and news summaries for professionals of oil and gas industry.
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