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Asia/Pacific

Flowserve awarded $80-MM supply contract for Hengli refining complex

DALLAS -- Flowserve Corporation announced an order close to $80 million to provide pumps and ebulators for the Hengli Integrated Refining Complex Project, a 400,000-bpd final conversion refinery on Changxing Island in Dalian, Liaoning Province in China.

Full start of India Reliance petchem plant will halt heavy naphtha exports

SINGAPORE/NEW DELHI (Reuters) -- India's Reliance Industries, owner of the world's biggest refining complex, will halt heavy naphtha exports in 2017/18 after the full-scale start-up of its 2.2 MMtpy paraxylene plant by end-March, four people with knowledge of the matter said.

South Korea's LPG demand revives with switch to petrochemicals

SEOUL/SINGAPORE (Reuters) -- A shift in the use of liquefied petroleum gas (LPG) to petrochemicals and away from transport has pushed demand for the fuel to new records in South Korea, after years of slumping consumption, a change which mostly benefits US suppliers.

S.Korea's SK Energy buys Russian Urals crude for first time in 10 years

SEOUL (Reuters) -- SK Energy has bought Russian Urals crude for the first time in 10 years, a spokeswoman for the parent company of South Korea's top refiner said on Friday.

ExxonMobil Singapore refinery to expand Group II base stock production

LONDON -- ExxonMobil announced the expansion of its Singapore refinery to support the production of the company’s EHC Group II base stocks, which will strengthen the global supply of these products and enhance the Singapore facility’s competitiveness. Construction is expected to begin during the second quarter of 2017 with completion anticipated in 2019.

ADNOC offers Murban crude from S. Korea storage in rare move

SINGAPORE (Reuters) -- Abu Dhabi National Oil Company has offered Murban crude to be loaded in April from its oil storage in South Korea in a rare move, three trade sources said on Thursday.

CB&I awarded CATOFIN technology contract for Chinese petchem plant

THE WOODLANDS, Texas -- CB&I announced it has been awarded a contract by Dongguan Grand Resource Science & Technology Co. Ltd. for the license and engineering design of a grassroots propane dehydrogenation unit to be built in Dongguan City, Guangdong Province, China.

S.Korea's Jan crude imports from Iran more than double on year

SEOUL (Reuters) -- South Korea's January crude imports from Iran more than doubled from a year ago as the Middle Eastern country continues to increase its output to reclaim its market share.

Singapore's IEG to start trading crude oil, tap China demand

SINGAPORE (Reuters) -- Singapore-based trading start-up International Energy Group (IEG) this year plans to expand its portfolio to crude oil from products such as gasoline and gasoil, looking to tap growing Chinese demand.

GTC installs second dividing wall column for Indian refinery

HOUSTON -- GTC Technology has supplied its proprietary GT-DWC technology for a second Dividing Wall Column for Reliance Industries Limited (RIL) at the DTA Refinery in Jamnagar, India.