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Asia/Pacific

Business Trends: Standardized modularization—Drivers, challenges and perspectives in the oil and gas industry

RTS Ltd.: Eftimie, C.

Modularization is an alternative way of performing engineering aimed to reduce the number of interfaces, the total installed cost (TIC) and overall schedule length of a project, while optimizing the return on investment (ROI) and allowing standardization for similar future projects.

Industry Perspectives: What is the solution to comply with the IMO’s Global Sulfur Cap regulation?

In October 2016, the International Maritime Organization (IMO) announced that it will implement a new regulation that calls for the sulfur content in marine fuels to be reduced from 3.5% to 0.5%.

Editorial Comment: Petrochemical project announcements top $80 B since 2014

Hydrocarbon Processing Staff: Nichols, Lee

Although new petrochemical project announcements have fallen over the past 3 yr, the global petrochemical sector will continue to see strong growth through the end of the decade.

Extract the best from your PVC reactor

Reliance Industries Ltd.: Jain, S.  |  Patil, R.  |  Gupta, A.

Polyvinyl chloride (PVC) is the world’s third-most widely produced commodity polymer, after polyethylene (C<sub>2</sub>H<sub>4</sub>)n and polypropylene (C<sub>3</sub>H<sub>6</sub>)n.

GTC provides isomerization, dividing wall technology at BPCL refinery in India

HOUSTON, Texas — GTC Technology has provided its low-temperature Isomalk-2 process technology for the successful start-up of a light naphtha isomerization unit at the Bharat Petroleum Corporation, Ltd. refinery in Mumbai, India.

India to cut Iranian oil purchases in row over gas field

NEW DELHI (Reuters) -- Indian state refiners will cut oil imports from Iran in 2017/18 by a fifth, as New Delhi takes a more assertive stance over an impasse on a giant gas field that it wants awarded to an Indian consortium, sources familiar with the matter said.

IEA says oil prices will not jump sharply, despite OPEC supply cuts

NEW DELHI (Reuters) -- The International Energy Agency does not expect a major increase in global oil prices despite efforts by OPEC and non-OPEC members to reduce output, its executive director Fatih Birol told Reuters.

China steps up Americas oil imports, Unipec backs ‘new frontier’

SINGAPORE (Reuters) -- China's largest crude oil buyer Sinopec aims to ship more cargoes from Brazil, the United States and Canada, to help ensure stable crude supplies as the Middle East boosts refining capacity and Africa suffers disruptions.

Rosneft-led deal to buy India's Essar delayed, seen closing in April

NEW DELHI/MOSCOW (Reuters) -- The purchase of Indian refiner Essar Oil by a consortium led by Russian oil company Rosneft has been delayed, the two sides said on Friday, because some Indian lenders to Essar have yet to sign off on the deal.

Yanchang Petroleum’s large-scale CCUS facility enters construction in China

XI'AN, China – China’s first large-scale carbon capture storage and utilization (CCUS) facility enters construction. The facility's final investment decision represents a series of "firsts" for China and Yanchang Petroleum, one of China's largest oil and gas companies and the facility's owner.