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PT Berau Coal Energy also issued US$500 million worth of 7.25% guaranteed senior notes in 2017. Both the 2015 and 2017 notes are currently in default. Since July 2015, the Berau Group has brought 4 separate rounds of scheme of arrangement / moratorium proceedings, with terms which have been described as “frankly insulting” at a time when ...
The Persian Gulf Star refinery: Assalouyeh: 360,000 of gas condensates per day and to produce gasoline, jet fuel, and other valuable products. 2.5 billion euros: 2010 Shahriar refinery: Tabriz: 150,000 barrels per day (24,000 m 3 /d); gasoline production: 70,000 barrels per day (11,000 m 3 /d) 1.2 billion euros: 2012 Anahita refinery ...
A 1983 geologic survey found condensate-rich gas in "reef and associated carbonate facies of Lower and Middle Miocene Age that in places exceed 1,000 ft (305 m) in thickness," [4] In 2019, a multi-disciplinary study of 16 wells in the Arun field found that the Arun Carbonate Reservoir contained 92% limestone, 5% dolomite, and 3% dolomitic limestone or other composition.
PT Pertamina (Persero) [a] is an Indonesian state-owned oil and natural gas corporation, headquartered in Jakarta. [2] It was created in August 1968 by the merger of Pertamin (established 1961) and Permina (established in 1957).
Petroceltic became an oil and gas company in November 2003. In 2004, Petroceltic acquired a licence called 'Isarene' in the Illizi basin of Algeria. [1] In 2006, the company started the first of its exploration wells in Algeria and over the next few years explored the Isarene field with 3D seismic and 13 wells which ultimately led to the discovery and appraisal of the Ain Tsila gas condensate ...
Idemitsu Kosan Co., Ltd. (出光興産株式会社, Idemitsu Kōsan kabushiki gaisha, stylized in logo as idemitsu) is a Japanese petroleum company. It owns and operates oil platforms, refineries, produces and sells petroleum, oils and petrochemical products, [3] and also operates gas stations under the apollostation [a] brand and until 2023, in its own Idemitsu and Shell brands; the Shell ...
Arutmin Indonesia (Arutmin) from BHP Minerals Exploration Inc, and PT Kaltim Prima Coal from (British Petroleum (BP) and Rio Tinto, in 2003. [ 7 ] In 2007, Forbes Asia estimated the Bakrie family had $5,4 billion in wealth, however after the 2008 financial crisis it dropped to only $850 million as Bakrie Group companies were heavily affected by ...
The Manali Refinery in Chennai has a capacity of 10.5 million tonnes per year and is one of the most complex refineries in India with fuel, lube, wax and petrochemical feedstocks production facilities. CPCL's second refinery is Nagapattnam Refinery located at Cauvery basin at Nagapattinam in Panagudi.