Asia/Pacific
Petronas weighs sale to exit $27 billion Canada LNG project
Malaysian state oil firm Petronas is considering selling its majority stake in a $27 B Canadian LNG plant.
Toshiba, Tohoku Electric and Iwatani consider developing hydrogen energy system
A joint proposal by Toshiba Corp., Tohoku Electric Power Co. and Iwatani Corp. on the development of technologies for hydrogen energy systems was today selected for funding by Japan’s New Energy and Industrial Technology Development Organization.
Wison completes performance test for first floating LNG production facility
Wison’s first natural gas floating liquefaction unit has successfully completed its performance test at the Wison yard in Nantong, China.
Shell declares force majeure on chemical supply from Singapore
Royal Dutch Shell has declared force majeure on base chemicals from its ethylene cracker at its Bukom manufacturing site in Singapore following an outage.
ENGIE to supply Beijing Gas Group with 10 LNG cargoes
ENGIE has been selected to supply approximately 900 MMcm of LNG to meet BGG’s downstream requirements.
IndianOil and USTDA sign an agreement to promote cleaner fuels in India
The US Trade and Development Agency and IndianOil will jointly work to explore cleaner fuels.
Praxair to supply industrial gases to Hyundai Oilbank refinery
Praxair has signed a long-term contract to supply industrial gases to Hyundai Oilbank, a South Korean oil refining company.
Russia's Rosneft to sell 96 MMt crude oil to Petrovietnam
Russia's Rosneft has signed a contract to supply 96 MMt of crude oil to PV Oil, an affiliate of state oil and gas PetroVietnam.
Asia fuel oil discount to Dubai crude at narrowest in eight months
Boosted by supply constraints and lower global inventories, the discount of 180-centistoke fuel oil in Asia to Dubai crude oil is at its narrowest in almost 8 months.
Asia oil refiners choose from 300 types of crude
Asia's oil refiners can choose from over 300 crudes from every continent, because of cheap freight and rising supplies.
- U.S. labor board judge rules Exxon's Texas refinery union lockout was legal 11/28
- U.S. crude stocks fall, gasoline and distillate inventories rise 11/28
- Maersk could use 15%–20% alternative fuels for its fleet in 2030 11/28
- Germany's BSW pushes to restore Russian oil to Schwedt refinery, seeks regional legitimacy 11/28
- Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs 11/28
- Singapore distillates stocks tick up for fifth week 11/28
