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

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The Deep Conversion Project will bring a qualitative change in the Puerto La Cruz refinery as it will process 210,000 bpd of heavy and extra heavy crude oil instead of 180,000 bpd of light and medium oil that is currently processing. The bulk of Venezuela’s oil reserves in the Orinoco Oil Belt is formed by heavy and extra heavy crude oil.

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

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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.

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Eni report: global oil reserves and oil production up in 2018 due to US

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OPEC registered zero growth as production in the Arab Gulf countries were offset by losses in Iran and Venezuela due to geopolitical issues. The tight oil production phenomenon continued to increase the share of sweet light crudes, which rose above 20% worldwide. WTI, the US light crude, covers 60% of global growth.

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Opinion: How Much Longer Can OPEC Hold Out?

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However, OPEC has been in the line of fire from the western world in light of its stance of not reducing the production levels of its member nations (excluding Iran). Containing some of the largest proven oil and gas reserves in the world, Venezuela is one of the founding members of OPEC. Source: opec.org). Nigeria’s dilemma.

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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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An active wastegate controls boost more precisely during light load operation to help save fuel. Ford Explorer is built in North America at Chicago Assembly Plant, as well as in Venezuela and now, Russia. liter EcoBoost employs an active oil control system to optimize pressure when less fluid is needed.

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Are The Saudis About To Reveal The Best Kept Secret In Oil?

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The decision to bring such important data to light comes as Saudi Aramco is preparing to partially privatize its assets, an IPO that could bring in some $100 billion. Saudi Arabia is preparing to unveil how much oil it holds, a closely guarded state secret that has been kept quiet for decades.

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Brookhaven team identifies active sites on catalysts for converting CO2 to methanol

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An essential tool for this next step will be Brookhaven’s National Synchrotron Light Source II (NSLS-II), another Office of Science User Facility. Additionally, they will move from studying the model system to systems that would be more practical for use by industry. This research was supported by the DOE Office of Science.

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