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Iraq will invest 3 billion U.S. dollars to support Basra Gas Company
Time of Update: 2021-06-07
According to Anadolu News on May 5, according to an Iraqi News Agency (INA) report on Monday, Iraq, OPEC’s second largest oil producer, plans to invest US$3 billion in Basra Gas Company in the next five years.
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Jinan Refining & Chemical UPS capacity expansion and transformation project completed
Time of Update: 2021-06-07
Sinopec News Network News Recently, with the completion of the server power switchover work in the computer room of the Information Management Center, the UPS capacity expansion and transformation project of Jinan Refining & Chemical Co.
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Chevron's first quarter profit fell 29% year-on-year
Time of Update: 2021-06-07
According to a report from the ICIS-MRC website in Moscow on May 5th, according to information from the Hydrocarbon Processing Network, Chevron, one of the world’s largest energy companies,’s profit in the first quarter fell 29% from the same period last year due to oil refining.
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Maoming Petrochemical successfully put into use 20000m³ raw oil storage tank
Time of Update: 2021-06-07
China Petrochemical News Network reported on May 2, Maoming Petrochemical's oil refining division successfully put into use the reforming tank area newly built 80016# tank, which is an inner floating roof tank with a tank capacity of 20,000 m³, which is currently the largest reforming tank area.
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Japanese manufacturers cooperate to develop hydrogen-fueled marine engines
Time of Update: 2021-06-07
According to news from the Oil and Gas Engineering on May 7, Kawasaki Heavy Industries, Yanmar Power Technology and Japan Engine Company formed a consortium of Japanese engine manufacturers to jointly develop hydrogen-fueled marine engines for ocean and coastal ships.
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Large oil companies are about to face severe tests
Time of Update: 2021-06-07
The Dutch Follow This Group, which holds shares in many large oil companies, will present another motion at Shell’s annual shareholders meeting, urging investors to use their agencies to vote with them to force the company to change its development direction urgently.
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Greek oil company plans to invest in clean energy projects
Time of Update: 2021-06-07
” Shiamishis said that half of it will be used for traditional activities and the other half will be used for projects that help the group transition to clean energy.
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Shengli Dongxin Operating Area takes multiple measures to create a green well site
Time of Update: 2021-06-07
cn Shengli Oilfield Oil and Gas Downhole Operation Center Dongxin Operation Area adheres to the concept of green development throughout the entire production and operation process, and actively builds green wellsites to help speed up by improving the environmental protection system, implementing environmental protection education, and strengthening the three-standard management Improve efficiency, high-quality and efficient operation, and provide a strong guarantee for the construction of green enterprises in the operation area.
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The LNG market will face a ten-year supply shortage
Time of Update: 2021-06-07
. Rystad previously predicted that with the construction of a large number of liquefaction projects, a new wave of supply will enter the market around 2025, which will form a price downward cycle, and Asian spot prices will drop to close to the short-term margin of US LNG 5.
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The "heating power" of the Southwest Comprehensive Downhole Oil Testing Team's technical innovation is unabated
Time of Update: 2021-06-07
The comprehensive oil test team of the Southwest Downhole Operations Branch actively carried out research on sealed gas test devices, and formed a set of ground control systems suitable for the closed test of sour gas wells in western Sichuan and supporting safety control technologies, which solved the key problems of safety and environmental protection in field testing, and effectively prevented construction odors.
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EIA lowers U.S. natural gas production forecast for the rest of this year
Time of Update: 2021-06-07
Li Jun compiled from natural gas news The original text is as follows: US EIA trims natural gas production forecasts, sees lower gas use for power this summer The US Energy Information Administration May 11 lowered its forecasts for natural gas production for the remainder of 2021, even as it expected growing LNG exports and domestic consumption would help push Henry Hub spot prices higher.
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The research team of Nankai University has made breakthroughs in the field of lithium-oxygen battery research
Time of Update: 2021-06-07
Then, using a semiconductor material with a suitable energy band structure and introducing light into the lithium-oxygen battery can significantly improve the reaction kinetics of the positive electrode and reduce the charge/discharge overvoltage.
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Guangxi Petroleum Party Group is working together to help increase sales of gasoline and diesel
Time of Update: 2021-06-07
com currently, Guangxi Petroleum's party organizations at all levels formed 16 youth volunteer service teams and more than 560 party and league volunteers took the initiative to go to the front line to serve.
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Northwest Oilfield "Green Downwind Mail Truck" Enters the First Line of Oilfield
Time of Update: 2021-06-07
In order to solve these practical difficulties encountered by employees, the Service Management Department of the Nanjiang Base of the Public Affairs Management Center decided to open express express delivery services to improve and extend the express terminal logistics links of the production units in the desert.
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Total restarts Papua LNG project
Time of Update: 2021-06-07
The government of Papua New Guinea and Total, as operators, announced the re-mobilization of the project team and other required resources.
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Ransomware attack shuts down U.S.'s largest gasoline pipeline
Time of Update: 2021-06-07
Sinopec News Net, according to a report on the World Petroleum website on May 9th, the Colonial Pipeline Company, the largest gasoline pipeline operator in the United States, closed its operations late on Friday after a previous ransomware attack may disrupt the energy market and disrupt the East Coast.
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The second phase of Total's Zinia project in Angola starts production
Time of Update: 2021-06-07
Zinia Phase 2 project reflects the quality of short-cycle projects in Angola with high return on investment", said Nicolas Terraz, President Africa, Exploration and Production at Total.
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The first compressor of Hainan Refining & Chemical Ethylene Project is hoisted in place
Time of Update: 2021-06-07
EPC contracted by Nanjing Engineering Company with an annual output of one million tons of ethylene project was hoisted in place, kicking off the installation of the compressor of the unit.
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Closing of Colonial Pipeline Boosts European Exports of Refined Petroleum Products
Time of Update: 2021-06-07
The United States is the main importer of gasoline and vacuum light oil in Europe, and some trading sources predict that this arbitrage activity will increase if the closure of the Colonial pipeline continues until the end of this week.
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Russia's April oil production increased by 1.9% month-on-month
Time of Update: 2021-06-07
According to a report by PetroChina News on May 3, 2021, Moscow, Bloomberg News quoted data released by the Russian Ministry of Energy as saying that due to OPEC+’s relaxation of production cuts, Russia’s average daily oil production in April was 1,046 Million barrels, an increase of 1.
