Oil & Gas Weekly (OGW) | View online | 04 July 2014 | 中文   
OIL

Vallianz Strikes Vessel Deal with CNOOC Unit

ATALIST-LISTED Vallianz Holdings has steered itself into China's oil & gas industry, announcing yesterday a three-year collaboration agreement with the country's largest offshore...

Icelandic Energy Company Cancels Norway Oil Search

Icelandic energy company Eykon Energy has decided to cancel its application for an oil exploration license for the Norwegian continental shelf, ruv.is reports. ....

Rosneft Submits Morgan Stanley Deal for U.S. Security Review - WSJ

Russia's Rosneft has submitted details of a deal to buy an oil trading unit of Morgan Stanley to a confidential U.S. committee that evaluates national security risks....

Seaway Twin Oil Pipeline Complete, Awaits Q3 Commissioning - Enterprise

Enterprise Products Partners LP's Seaway Twin pipeline is mechanically complete, but will continue final commissioning through the third quarter, a more prolonged start-up....

GAS

China-Russia Gas Deal Win for Arctic

The $400 billion, 30-year China-Russia gas deal signed in Shanghai on May 21 has sparked a lot of excitement about hydrocarbons in the Russian Arctic and sub-Arctic....

Hudong Zhonghua Officially Signs Four LNG Carriers

CSSC-affiliated Hudong Zhonghua Shipbuilding has signed with BG Group and the investor of Queensland Curtis LNG Project for the construction of two ....

Gazprom Mulls New Gas Supply Deal with China, Eyes Indian Market: CEO

Increasing natural gas exports to Asia and the potential effects of the Ukrainian crisis on exports to Europe are topping the international agenda of Russian gas giant Gazprom, CEO....

Woodside Agrees to Buy LNG from Cheniere Energy

Woodside Petroleum Ltd. 's purchase of liquefied natural gas from a proposed U.S. export facility represents a push deeper into energy trading, as it retools its strategy in the wake of...

Upcoming & Ongoing Projects

CNOOC - Weizhou Block 22/12

Name of ClientCNOOC - China National Offshore Oil Corporation   Estimated Budget ($ US):305,000,000    Facility TypeOil Field    Sector:Oil Offshore    Status:Construction...

ZTGC - Jiaxing PTA Plant

Name of Client:ZTGC - Zhejiang Tongkun Group Co., Ltd.     Estimated Budget ($ US):1,000,000,000    Facility Type:Purified Teraphtalic Acid (PTA)    Sector:Petrochemicals    Status:Construction...

CNOOC - Yancheng LNG

Name of Client:CNOOC - China National Offshore Oil Corporation    Estimated Budget ($ US)1,760,000,000    Facility Type:Liquefied Natural Gas (LNG)    Sector:Gas    Status:Construction...

STATOIL - Barents Sea License 532

Name of ClientStatoil    Estimated Budget ($ US):4,000,000,000    Facility Type:Oil & Gas Field    Sector:Oil Gas Offshore    Status:Construction...

PETROCHEMICALS

CNPC in Talks to Buy Dalian Oil-Refinery Stake From Total

China National Petroleum Corp. is in talks to buy all or part of French oil major Total SA 's stake in an oil refinery in the northeastern port city of Dalian, the Chinese oil giant said....

Total in Talks with PetroChina to Sell China Refinery Stake

France’s Total is in talks with PetroChina to sell its stake in a Chinese refinery after nearly two decades of investment, in what could be the latest foreign energy firm giving up...

China's Shandong Teapot Refiners Lag behind The Fuel Upgrade

China's small independent refineries continue to produce lower grade fuels despite a government-mandated shift to tighter specification gasoil and gasoline as they continue to...

Industry News

China Bank Loans $400 Mln for LNG Carrier Project

The Export-Import Bank of China, a wholly state-owned bank, said on Thursday it will lend $400 million for building four liquified natural gas (LNG) carriers....

U.K.’s Cameron Sold Out Hong Kong to Chinese, Anson Chan Says

U.K. Prime Minister David Cameron sold out Hong Kong to the Chinese when he failed to speak out against China’s attempt to alter the treaty agreed to when ...

What Are the Benefits of China-Mexico Energy Cooperation?

Mexico’s Pemex announced in late May that it is close to reaching a deal with Chinese companies to create a Sino- Mex Energy Fund worth up to $4 billion dollars to invest in...

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