Petroleum production

Sinopec Successfully Starts Up Two Additional Dupont™ Stratco® Alkylation Technology Units

Retrieved on: 
Tuesday, June 15, 2021
Industrial processes, Economic sectors, Chemistry, Economy, Petroleum production, Alkylation unit, Oil refining, Alkylation, Sinopec, Chemical process, BPSD, KMTA

Both STRATCO alkylation units at Sinopec Zhongke and Sinopec Shanghai are designed to process MTBE raffinate feedstock and produce 9,240 bpsd (360 kmta) and 10,240 bpsd (400 kmta) of alkylate, respectively.

Key Points: 
  • Both STRATCO alkylation units at Sinopec Zhongke and Sinopec Shanghai are designed to process MTBE raffinate feedstock and produce 9,240 bpsd (360 kmta) and 10,240 bpsd (400 kmta) of alkylate, respectively.
  • "In the last few years, DuPont and Sinopec have had the opportunity to start up several STRATCO alkylation units together, providing DuPont with the opportunity to develop a strong relationship with each refinery.
  • We are very appreciative for the experience we've had with each of these refineries," said Kevin Bockwinkel, global business manager, STRATCO Alkylation Technology.
  • Licensed and marketed by DuPont as part of its Clean Technologies portfolio, the STRATCO alkylation technology is the world-leading alkylation technology with more than 100 licensed units worldwide and more than 915,000 bpsd (35,800 kmta) of installed capacity.

Key Energy Services Provides Financial and Operational Update

Retrieved on: 
Monday, June 14, 2021
Oil wells, Petroleum production, Coiled tubing, Industrial equipment, Tubing, Well intervention, KEGX, Key Energy Services, Engineering, Economic sectors

HOUSTON, June 14, 2021 (GLOBE NEWSWIRE) -- Key Energy Services, Inc. (Key or the Company)(OTC: KEGX) today provided the following operational and financial update.

Key Points: 
  • HOUSTON, June 14, 2021 (GLOBE NEWSWIRE) -- Key Energy Services, Inc. (Key or the Company)(OTC: KEGX) today provided the following operational and financial update.
  • Coiled Tubing Services segment revenues were flat at $2.9 million in the first quarter of 2021, versus $2.8 million in the 2020 fourth quarter.
  • Key undertakes no obligation to update or withdraw any forward-looking statement to reflect events or circumstances after the date of this press release, except as required by law.
  • Key Energy Services is a leading onshore, rig-based well servicing contractor and provides a complete range of well intervention services with operations in all major onshore oil and gas producing regions of the continental United States.

The Solar Oil Project: Daily Crypto Income, Regardless Of What the Market is Doing!

Retrieved on: 
Monday, June 14, 2021
Photovoltaics, Energy, Solar panel, Carbon footprint, Articles, Petroleum production

But The Solar Oil Project represents a step in the right direction for energy production, helping to lower emissions and reduce environmental hazards - and it's all powered by crypto...

Key Points: 
  • But The Solar Oil Project represents a step in the right direction for energy production, helping to lower emissions and reduce environmental hazards - and it's all powered by crypto...
  • The platform supports local oil well operators to deploy innovative technology solutions that dramatically reduce the carbon footprint of oil production while recycling old oil wells that are abandoned or underutilized.
  • After review by members of the Solar Oil team, selected oil well sites are equipped with eco-friendly pneumatic pumps, solar panels (where applicable), air compressors, and remote monitoring capabilities.
  • Anyone can create a free account on Solar Oil Projects website ( solaroil.io ) and purchase the Solar Oil Access Token (SOAX).

Worldwide Thermal Enhanced Oil Recovery Industry to 2030 - Featuring Suncor, Imperial Oil and Chevron Among Others - ResearchAndMarkets.com

Retrieved on: 
Monday, June 14, 2021
Oil, Gas, Energy, Petroleum production, Enhanced oil recovery, Oil recovery, Chemistry, Peak oil, Nature, Physical sciences, Petroleum

Moreover, technological development and depleting levels of fossil fuels are expected to promote the growth of thermal enhanced oil recovery market.

Key Points: 
  • Moreover, technological development and depleting levels of fossil fuels are expected to promote the growth of thermal enhanced oil recovery market.
  • However, fluctuation in oil prices and environmental impacts are expected to hinder the growth of thermal enhanced oil recovery market.
  • Moreover, technological advancements coupled with presence of developed infrastructures are expected to fuel the growth of thermal enhanced oil recovery market.
  • Moreover, presence of large population and several oil wells across the region are also expected to promote the growth of thermal enhanced oil recovery market.

Infocus International Announces Online Training on LNG Supply, Demand, Pricing & Trading

Retrieved on: 
Sunday, June 13, 2021
Countries, Fuel gas, Fuels, Liquefied natural gas, Petroleum production, World, Pricing, InFocus, Singapore

Singapore, June 14, 2021 - (ACN Newswire) - The best rated LNG Supply, Demand, Pricing & Trading online training is back by popular demand with updated agenda and it will be commencing live on 8 September 2021.

Key Points: 
  • Singapore, June 14, 2021 - (ACN Newswire) - The best rated LNG Supply, Demand, Pricing & Trading online training is back by popular demand with updated agenda and it will be commencing live on 8 September 2021.
  • LNG production continued to increase rapidly in the first quarter of 2020 as output from LNG trains that started up in 2019 built up to full capacity.
  • It will consider the outlook for the business over the period to 2035 in terms of markets, sources of supply, pricing and trading.
  • Infocus International is a global business intelligence provider of strategic information and professional services for diverse business communities.

Beyond Oil™ Kicks Off World's Largest Tokenized Green Commodities Production With Solar Oil Project

Retrieved on: 
Friday, June 11, 2021
Cryptography, Tokenization, Carbon footprint, Petroleum production

CYPRESS, Texas, June 11, 2021 /PRNewswire/ --Beyond Oil is excited to announce the launch of revolutionary tokenization platform - The Solar Oil Project.

Key Points: 
  • CYPRESS, Texas, June 11, 2021 /PRNewswire/ --Beyond Oil is excited to announce the launch of revolutionary tokenization platform - The Solar Oil Project.
  • The technology platform aims to be the largest tokenized commodity production and exchange mechanism in the world.
  • The platform supports local oil well operators to deploy innovative technology solutions that dramatically reduce the carbon footprint of oil production while recycling old oil wells that are abandoned or underutilized.
  • In return, users who participate in this manner receive a portion of the oil production in the form of the SOPX token - The Solar Oil Production token.

Beyond Oil™ Kicks Off World's Largest Tokenized Green Commodities Production With Solar Oil Project

Retrieved on: 
Friday, June 11, 2021
Cryptography, Tokenization, Carbon footprint, Petroleum production

CYPRESS, Texas, June 11, 2021 /PRNewswire/ --Beyond Oil is excited to announce the launch of revolutionary tokenization platform - The Solar Oil Project.

Key Points: 
  • CYPRESS, Texas, June 11, 2021 /PRNewswire/ --Beyond Oil is excited to announce the launch of revolutionary tokenization platform - The Solar Oil Project.
  • The technology platform aims to be the largest tokenized commodity production and exchange mechanism in the world.
  • The platform supports local oil well operators to deploy innovative technology solutions that dramatically reduce the carbon footprint of oil production while recycling old oil wells that are abandoned or underutilized.
  • In return, users who participate in this manner receive a portion of the oil production in the form of the SOPX token - The Solar Oil Production token.

Aethon Energy Management Announces Collaboration with Cheniere Energy to Quantify, Monitor, Report and Verify GHG Emissions

Retrieved on: 
Thursday, June 10, 2021
Energy, Environment, Oil, Gas, Liquefied natural gas, Petroleum production, Cheniere Energy, Fuels, Chemical substances, Chemistry, Carbon finance

Aethon Energy Management (Aethon), the largest private natural gas producer in the Haynesville Shale, joined Cheniere Energy, Inc. (NYSE American: LNG) in a new collaboration to implement quantification, monitoring, reporting and verification (QMRV) of greenhouse gas (GHG) emissions performance.

Key Points: 
  • Aethon Energy Management (Aethon), the largest private natural gas producer in the Haynesville Shale, joined Cheniere Energy, Inc. (NYSE American: LNG) in a new collaboration to implement quantification, monitoring, reporting and verification (QMRV) of greenhouse gas (GHG) emissions performance.
  • Were proud to join Cheniere in this collaboration to drive greater transparency and reporting of carbon emissions that will encourage more sustainable approaches to natural gas production and usage, said Gordon Huddleston, Co-President and Partner of Aethon.
  • Aethon remains committed to leveraging innovative solutions that deliver tangible results and drive our company-wide efforts to reduce carbon emissions.
  • Aethon Energy Management (Aethon) is a private investment firm focused on direct investments in onshore oil and gas properties in the United States.

Decklar Resources Inc. Announces Letter of Intent to Participate in Asaramatoru Field in OML 11 in Nigeria and Appointment of New Chief Financial Officer

Retrieved on: 
Wednesday, June 9, 2021
Fuels, Liquefied natural gas, Petroleum production, Nigeria LNG, Natural gas, Chemical substances

Decklar is also pleased to announce the appointment of David Halpin as Chief Financial Officer of the Company.

Key Points: 
  • Decklar is also pleased to announce the appointment of David Halpin as Chief Financial Officer of the Company.
  • The Bonny Oil Export Terminal and Bonny LNG plant are located approximately 15 km south of the Asaramatoru field.
  • The Asaramatoru field was awarded to Prime and Suffolk by the Federal Government of Nigeria in 2004 as part of the first Marginal Field Program.
  • Decklar is pleased to announce the appointment of Mr. David Halpin as Chief Financial Officer of the Company.

Höegh LNG Partners LP Announces Results of 2021 Annual Meeting and Changes to its Board of Directors

Retrieved on: 
Tuesday, June 8, 2021
Liquefied natural gas, Petroleum production, Hegh, Chemical substances, Chemistry, Physical sciences

At the 2021 Annual Meeting, a resolution was passed to re-elect David Spivak as a Class III Director of the Partnership whose term will expire at the 2025 Annual Meeting of Limited Partners.

Key Points: 
  • At the 2021 Annual Meeting, a resolution was passed to re-elect David Spivak as a Class III Director of the Partnership whose term will expire at the 2025 Annual Meeting of Limited Partners.
  • John V. Veech, as of June 1, 2021, became a Senior Advisor for Morgan Stanley Infrastructure Partners ("MSIP").
  • He also serves as a director of Hegh LNG Holdings Ltd. ("Hegh LNG").
  • Hegh LNG Partners LP is a growth-oriented limited partnership formed by Hegh LNG Holdings Ltd., a leading floating LNG service provider.