Asia/Pacific
Bharat Petroleum seeks upstream assets to feed refineries
Bharat Petroleum wants to buy more stakes in assets that are already producing to feed its refineries and become more self-sufficient.
Veolia delivers water treatment unit for Ichthys LNG Project FPSO
Veolia delivered an MPPE water treatment module to the Ichthys LNG project’s floating production and storage unit.
Jacobs to upgrade Singapore Refining Co.’s Jurong Island refinery
Jacobs Engineering Group received a contract from Singapore Refining Company to provide services for an upgrade project at their Jurong Island refinery.
GAIL’s Unipol PE process line starts operations in Pata
GAIL Ltd. has successfully started its first Unipol PE process line with the capacity to produce 400 Mtpy of polyethylene.
GE to provide power solution for Petronas’ Pengerang complex
GE will supply 17 emergency diesel generator packages, five transportable switch rooms and the electrical balance for Petronas’ Pengerang Integrated Petrochemical Complex.
India to buy 6 MMbbl of Iran oil for emergency reserves
India is set to buy 6 MMbbl of Iranian crude for its strategic oil reserves as negotiations with the United Arab Emirates' national oil company for supplies are stuck over commercial terms.
Curacao inks deal with China firm to run Isla refinery
The government of Curacao has signed a preliminary agreement with China's Guangdong Zhenrong Energy to operate the aging Isla refinery and invest some $10 B to upgrade the facility.
Chinese gasoil exports may hit Asia refiner margins for rest of year
Asian gasoil distillates refining margins are likely to remain bearish for the next few months on larger than usual exports from China.
Linde, Petronas JV to build air gas facility at Pengerang petroleum complex
Linde Malaysia and Petronas Gas Berhad will build an industrial air gas facility that supply the needs of Petronas’ refinery and petrochemicals integrated complex in southern Malaysia.
India's Iran oil imports surge to highest in at least 15 years
India's daily oil imports from Iran in August surged to their highest in at least 15 years as the OPEC producer boosted its shipments to recoup market share ceded to rivals Saudi Arabia and Iraq under pressure from economic sanctions.
- 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
