Oil & Gas Weekly (OGW) | View online | 08 August 2014 | 中文   
OIL

Libra Campaign kicks off in Presalt Offshore Brazil

Petrobras says the NS-36 rig (Schain Cerrado) has spudded the first exploration well in the Libra area in the presalt Santos basin. The location is 170 km (105 mi) offshore...

CNPC Sets Principles for Opening Up Pipelines

China National Petroleum Corporation (CNPC), the country's largest oil and gas producer, has set basic principles for opening up its pipelines to other companies.....

Athabasca Oil Expects Timely Payment From Chinese Company

Canadian oil and gas company Athabasca Oil Corp. said Wednesday that it has yet to receive a $1.23 billion payment from state-run China National Petroleum Corp....

Russia Puzzles with Deal/No Deal with Iran on Oil

MOSCOW,Months of oil talks between Russia and Iran, both heavily sanctioned by the West, took an unexpected twist on Tuesday when Moscow first ....

GAS

Line C of The Central Asia – China Gas Pipeline Becomes Operational

The initial section of the Central Asia – China Gas Pipeline in Uzbekistan is now operational.The gas valve was turned on to boost natural gas from Turkmenistan to Line ....

Sino Gas Has Hydrocarbons Flowing at Linxing Hydraulic Fracture Well Onshore China

Sino Gas & Energy has announced that a flow rate of 2.0 million standard cubic feet (MMscf) per day has been achieved from a middle lower zone of TB-23 on the Linxing Production....

Cameron LNG Project Gets Final Investment Approval-Japanese Partners

TOKYO, Japanese partners in the Cameron liquefied natural gas (LNG) terminal in the U.S. state of Louisiana said on Thursday the project has received final investment....

Inpex Completes Dredging for Shipping, Gas Pipeline for Ichthys LNG Project

Japan's Inpex Corporation (Inpex) announced Monday the on-schedule completion of the Ichthys LNG Project’s dredging program in Darwin Harbour in the Northern Territory...

Upcoming & Ongoing Projects

EPD - Karnes County Eagle Ford Oil Pipeline Expansion

Name of ClientEPD - Enterprise Products Partners L.P.   Estimated Budget ($ US):3,230,000,000    FacilityTypeOil     Sector:Oil Pipeline    Status:Engineering & Procurement...

CNNC - Wan'an Nuclear Power Plant

Name of Client:CNNC - China National Nuclear Corporation/JXGN - Jiangxi Ganneng Co., Ltd./JXGYE - Jiangxi Ganyue Expressway Co., Ltd.    Estimated Budget ($ US):10,500,000,000    Facility Type:Nuclear Power Station     Sector:Power     Status:Feasibility Study...

LLOG - Deepwater Who Dat Oil and Gas Development

Name of Client:LLOG Deepwater Development Co, LLC    Estimated Budget ($ US)2,700,000,000    Facility Type:Oil & Gas Field    Sector:Oil Gas Offshore    Status:Engineering & Procurement...

EASTHOPE - Wuhai PVC Plant

Name of ClientEASTHOPE - East Hope Group    Estimated Budget ($ US):2,400,000,000    Facility Type:Poly Vinyl Chloride (PVC)    Sector:Petrochemicals    Status:Construction...

PETROCHEMICALS

China's Coming Shale Gas Auction Offer Little Hope to Private Investors

China’s auction of shale blocks is a somewhat strange business. The first shale sale in June 2011 was largely a staged play among the six state-run bidders. The second round ....

China's Shale Gas Costs At Least Double Those in US

China will be able to meet its 2015 shale gas production targets, but at prices more than double those of the US’ biggest projects, according to analysis of one ...

China to Unveil Petrochemistry Development Plan

China is likely to release a national plan for the development of the petrochemical industry as early as this month, Shanghai Securities News reported on Thursday...

Industry News

China Diesel Demand May Post First Fall In over A Decade As Economy Slows

China's diesel demand is set to post its first fall in more than a decade this year, sources at the country's top oil majors said, as a sputtering economy takes...

Venezuela Considers Selling US Oil Company Citgo

CARACAS, Venezuela's government has confirmed that it is considering the sale of its oil refining and distribution network in the U.S. amid a worsening economic crisis...

GE to Invest $2 Bln to Boost African Energy, Infrastructure

WASHINGTON, General Electric Co on Monday pledged to invest $2 billion in Africa by 2018 to boost infrastructure, worker skills and access to energy...

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