Asia/Pacific
Traders cancel light cycle oil cargoes ahead of China tax
SINGAPORE/BEIJING (Reuters) -- Traders in North Asia are rushing to cancel loadings of a range of oil products for sale to China, ahead of a planned Chinese consumption tax that will make the trade uneconomic.
Gastech '17: Day three edition of the official conference newspaper
TOKYO -- Here is the day three edition of the official newspaper for the Gastech 2017 Conference & Exhibition.
China plans to impose taxes on oil by-products
SINGAPORE/BEIJING (Reuters) -- China plans to impose consumption taxes on oil by-products such as mixed aromatics, light cycle oil and bitumen blend, tightening regulations on a fuel import market worth millions of dollars.
ExxonMobil in talks to buy Singapore's Jurong Aromatics
SINGAPORE (Reuters) -- ExxonMobil said on Wednesday it is in talks to buy a refining-petrochemical complex in Singapore that could boost its fuel and chemical production in Asia.
China grants two independent plants import quotas totaling 4.08 MMt of crude
BEIJING (Reuters) -- China has granted two independent refiners crude oil import quotas for a total annual volume of 4.08 MMt, the National Development and Reform Commission (NDRC) said in two separate statements on Wednesday.
Iran "not concerned" by Indian threat to cut oil imports
LONDON (Reuters) -- Iran's oil minister dismissed India's decision to cut oil imports from Tehran in 2017/18 by a fifth as a threat on Wednesday, in an escalation of a dispute over a giant gas field contract.
Bahrain's Bapco starts talks with contractors on Sitra expansion bids
DUBAI (Reuters) -- State-run Bahrain Petroleum Co (Bapco) has started two weeks of negotiations with international contractors to clarify bids to expand the Sitra oil refinery, estimated to cost around $5 B.
ChemChina, IPP team to supply turn-key chlor-alkali plants
PRINCETON JUNCTION, New Jersey and BEIJING -- International Process Plants (IPP) and ChemChina's Bluestar (Beijing) Chemical Machinery Company, Ltd. (BCMC) announce a partnership for IPP to provide new chlorine alkali plants designed and built by BCMC to industries around the world.
CB&I to provide up to 30 technologies to refining, petchem complex in China
THE WOODLANDS, Texas -- CB&I announced it has signed a strategic alliance with Jinzhou Port Co., Ltd. (Jingang) to become the master licensor for an integrated refining and petrochemicals project in Jinzhou City, China.
China to import first SGC, Thunderhorse oil from US in April
SINGAPORE/HOUSTON (Reuters) -- China will import Southern Green Canyon (SGC) and Thunderhorse crude oil from the Gulf Coast of the United States for the first time when a supertanker carrying 2 MM barrels arrives in April, two sources with knowledge of the matter said.
- Malaysia plans to produce sustainable jet fuel in 2027 11/27
- ADNOC launches $80-B low-carbon energy and chemicals investment company 11/27
- Chevron sees California's fuel inventory law raising prices for customers 11/27
- Clariant’s MegaMax™ catalysts to power China’s first biomass-to-green methanol project 11/27
- easyJet, Renavia and WFS sign MoU for long-term supply of SAF 11/27
- Cyclyx to invest in second Cyclyx Circularity Center 11/27
