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Wison wins site preparation contract for refinery project in Venezuela; largest refinery PC project in Latin America by Chinese company

Green Car Congress

Wison Engineering Ltd., an indirectly non wholly-owned subsidiary of Wison Engineering Services, was awarded a procurement and construction (PC) contract by Venezuela’s PDVSA Petroleo, S.A.for the site preparation for the Puerto la Cruz oil refinery Deep Conversion Project. and Hyundai Engineering Co, Ltd. Earlier post.)

Venezuela 199
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Technip awarded contract for two hydrogen reformers in Venezuela to support expanded processing of Orinoco heavy crude

Green Car Congress

Technip was awarded a “significant” contract to supply its proprietary technology as well as engineering and procurement services for two hydrogen reformers in Venezuela. The bulk of Venezuela’s oil reserves in the Orinoco Oil Belt is formed by heavy and extra heavy crude oil.

Venezuela 170
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PdVSA doubling capacity and modernizing El Palito Refinery for influx of more Orinoco heavy crudes

Green Car Congress

The Venezuelan national petroleum company Petróleos de Venezuela, S.A. PdVSA) has awarded Japan-based Toyo Engineering Corporation and its consortium partners Foster Wheeler AG (FW) and the Venezuelan engineering company Y&V Ingeniería y Construcción, C.A. (Y&V) This number represents a major upward revision from 99.4

Venezuela 225
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PDVSA signs $4B loan agreement with China Development Bank for expansion of heavy oil production in Orinoco

Green Car Congress

Venezuela’s PDVSA signed a $4.0-billion, Venezuela will also receive two other loans from China: one for $1.5 China and Venezuela are developing Orinoco blocks Junin 1, 4 and 8; Boyaca 4 and MP3. PDVSA holds a majority 64.25% stake in the Sinovensa JV; CNPC owns the remaining 35.75% stake. Schenk C.J., Charpentier, R.R.,

Venezuela 186
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PDVSA and PetroChina move ahead with 400,000 barrel per day oil refinery in China; processing Orinoco heavy and extra-heavy crude

Green Car Congress

Petróleos de Venezuela SA (PDVSA) and PetroChina recently signed the Project for Development and Establishment of a joint venture to realize the future development of the Nanhai refinery. Oil and Gas Journal (OGJ) pegged Venezuela’s 2011 reserves at 211 billion barrels, up from 99.4 billion barrels the year before.

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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

Green Car Congress

China remains the main engine of demand growth, but more stringent policies to curb air pollution will slow growth. In Venezuela, oil production has fallen by more than half in the past 20 years, and declines are set to accelerate. mb/d by 2023 to 104.7 mb/d, according to the IEA.

Brazil 218
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2016 Ford Explorer SUV replaces 2.0L EcoBoost with new 2.3L EcoBoost unit; more power and torque, same fuel economy expected

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liter EcoBoost four-cylinder engine that delivers more horsepower and torque than the 2.0L liter EcoBoost four-cylinder engine will deliver at least 270 hp (201 kW) and at least 300 lb-ft (407 N·m) of torque. liter EcoBoost engine. EcoBoost four-cylinder it replaces, with no compromise in fuel economy anticipated.