Oil & Gas Weekly (OGW) | View online | 19 September 2014 | 中文   
OIL

China's CNOOC to Open 33 Oil and Gas Blocks for Bidding

China's state-owned oil and gas firm China National Offshore Oil Corp.(CNOOC) opened 33 shale blocks off the coast of China for bidding by ...

Vietnam, India to Expand Oil Exploration in Contested South China Sea

Vietnam and India agreed Monday to expand cooperation in oil and gas exploration and production in contested waters of the South China Sea....

IEA Slashes Estimates For Oil Demand

The steam driving the oil market has suddenly cooled because of weak growth in Europe and slowdown in China, the IEA said on Thursday, cutting its....

China Yuchai International Completes Acquisition of Remanufacturing Joint Venture

China Yuchai International Limited , announced today that further to its announcement on July 2, 2014, its main operating subsidiary, Guangxi Yuchai Machinery....

GAS

For Europe's LNG Ports, Russia Gas Fears and U.S. Exporters Buoy Demand

Gas buyers nervous of Russia cutting supply are helping solve Europe's problem of too many underused liquefied natural gas (LNG) terminals, as they seek space at....

Sinopec to Start Trial Operations at First LNG Terminal by End-Oct

Top Asian refiner Sinopec Corp will start trial operations at its first liquefied natural gas (LNG) terminal by the end of October, a company representative said....

China's CNOOC Makes Deepwater Gas Field Discovery in South China Sea

China National Offshore Oil Corp (CNOOC) has made a deepwater gas field discovery in the northern part of the South China Sea, it said on Monday....

Siemens Receives Follow-up Oorder for LNG Plant in China

Siemens Energy has received an order from Chengdu Cryogenic Liquidation Equipment Co., Ltd. to provide two compressor trains for an LNG (liquefied natural gas) project ...

Upcoming & Ongoing Projects

CNOOC - Taizhou Lubrication Oil Base CCLEC - Etuoke Qian Qi LNG

Name of ClientCCLEC - Chengdu Cryogenic Liquidation Equipment Co., Ltd.   Estimated Budget ($ US):800,000,000    FacilityTypeLiquefied Natural Gas (LNG)     Sector:Gas    Status:Engineering & Procurement...

TOTAL - Ningbo Polystyrene Plant

Name of Client:Total Petrochemicals    Estimated Budget ($ US):140,000,000    Facility Type:Polymers     Sector:Petrochemicals     Status:Construction...

HESS - Gulf of Mexico Tubular Bells Oil Field

Name of Client:Hess Corporation    Estimated Budget ($ US)2,300,000,000    Facility Type:Oil Field Development    Sector:Oil    Status:Engineering & Procurement...

EPD - Karnes County Eagle Ford Oil Pipeline Expansion

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

PETROCHEMICALS

China Petroleum & Chemical Corp Lifted to “Hold” at Jefferies Group (SNP)

Jefferies Group upgraded shares of China Petroleum & Chemical Corp (NYSE:SNP) from an underperform rating to a hold rating in a research report released on....

Industries Qatar Shelves Multi Billion Dollar Petrochemicals Project

DUBAI, Sept 18 - Industries Qatar, the Gulf's second-largest petrochemicals firm, said on Thursday it had put its multi billion dollar Al Sejeel petrochemical complex project on hold ...

Occidental in $190 Mln Settlement to Clean Up New Jersey River

Sept 15 - Occidental Chemical Corp has agreed to pay New Jersey $190 million as part of a settlement to clean up the polluted Passaic River, state officials announced on Monday....

Industry News

Canada Ratifies Investment Deal With China

Canada said Friday it formally ratified an investment pact with China at a time when tensions between the two countries remain heightened after ...

Oil Prices Fall as Chinese Production Slows Down

Oil prices are in decline in electronic trading as China's industrial output is expanding at its weakest pace since the global financial crisis in 2008. "The major news is the data...

Tajikistan, China Break Ground for Landmark Gas Pipeline

Dushanbe and Beijing have launched construction of a key gas pipeline that will turn Tajikistan into a transit country for Central Asian gas supplies to neighboring China...

View of Experts

Taian 60 Ton’s per year of LNG equipment state owned project

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