Asia/Pacific
Industry Perspectives: Global petrochemical sector to see robust growth to 2020
The global petrochemical sector will continue to see strong growth through the end of the decade, despite a decrease in new project announcements. The crash in energy markets has shifted the industry’s mindset from bullish to optimistic.
Saudi Arabia may raise light crude price to Asia for third straight month in April
(Reuters) -- Top oil exporter Saudi Arabia could raise the price of Arab Light crude it sells to Asia in April for a third straight month after Middle East benchmark Dubai crude strengthened on OPEC cuts, four of seven respondents said in a Reuters survey of refiners and traders on Wednesday.
TOYO awarded FEED, EPC projects in Indonesia
Toyo Engineering Korea Limited, Korean subsidiary of Toyo Engineering group, has been awarded the Front End Engineering Design (FEED) Contract for a new polyethylene project of PT Chandra Asri Petrochemical Tbk (CAP).
China’s Sinopec to spend $29 B upgrading four refining bases
BEIJING (Reuters) -- China's Sinopec group, parent of Sinopec Corp, will invest $29.05 billion to upgrade four refining bases between 2016 and 2020 to produce higher-quality fuels, the company said in an emailed statement on Thursday.
Sinopec to start operating Zhanjiang commercial oil tanks; SPR site delayed
BEIJING (Reuters) -- Sinopec Corp is expected to start operating by June a new commercial crude oil tank farm in the southern Chinese city of Zhanjiang, where a large strategic reserve site is also under construction, three industry sources said this week.
Driving innovation in the downstream: IRPC returns to New Delhi
Gulf Publishing Company and Hydrocarbon Processing are pleased to announce that IRPC 2017 will be held April 18–20 in New Delhi.
Gastech: Advancing the role of gas and LNG in the global energy mix
Gastech is the largest and most important business and technology event for the natural gas and LNG sector, creating a global platform to address and discuss the latest challenges faced in Asia and on a wider international scale.
China to issue non-state crude oil import licenses to 5 refiners
BEIJING (Reuters) -- China will issue non-state crude oil import licenses to five refiners, including China National Chemical Corp and four independent refiners, the country's commerce ministry said on Tuesday.
Aramco's Malaysia deal gives Saudis upper hand in fight for Asia oil share
SINGAPORE/KHOBAR, Saudi Arabia (Reuters) -- Top global oil exporter Saudi Arabia broke from the pack in the race to lock up Asian market share after agreeing on Tuesday to pump $7 billion into a refinery-petrochemical complex in Malaysia, analysts said.
Pertamina looks for partner to take majority stake in Bontang refinery project
JAKARTA (Reuters) -- Indonesia's state oil company Pertamina expects to find a partner to take a majority stake in a proposed refinery to cost more than $10 billion in Bontang, East Kalimantan, by April, senior company officials said on Tuesday.
- 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
