Asia/Pacific
China grants refiners additional fuel export quota
Gasoil makes up the bulk, or 39%, of the total volumes approved in the second round of export quotas at 5.71 million tons, followed by gasoline at 5.58 million tons.
India overhauls crude-import policy to give state refiners more leeway
The new policy puts state-owned refiners on a par with private firms such as Reliance Industries and Essar Oil that are not bound by government rules and can earn hefty refining margins.
Myanmar approves construction of $3B refinery
The Myanmar Investment Committee granted the Chinese firm Guangdong Zhenrong Energy approval to build a 100,000-bpd refinery in the southeast coastal city of Dawei.
India’s refiners to help boost imports of Iranian oil to seven-year high
Indian refiners are looking to ramp up purchases after the sanctions targeting Tehran ended in January, industry sources familiar with the matter said.
Russia’s Sibur, Sinopec eye gas-chemical project
In December, Sinopec paid $1.338 billion for a 10% stake in Russia-based Sibur and said it planned to acquire an additional 10% within three years.
Small-scale coal-to-chemicals can revitalize India’s petrochemicals industry, economy—Part 1
Contemporary routes to the production of polymers usually involve setting up world-scale ethylene crackers with typical capacities of 0.7 MMtpy–1.5 MMtpy.
Innovative design configurations for flare system reliability
The function of a flare system in a refinery or chemical plant is to collect gases released during an overpressure scenario, typically resulting from a plant upset.
Visbreaking technology: Is it obsolete, or is there potential for upgrade?
Visbreaking technology is a well-known, simple thermal cracking process for residual oils.
Business Trends: Global petrochemical overview—Part 1
This series examines the global petrochemical landscape, new project developments and regional outlooks.
Global Project Data
This month’s installment of Global Project Data focuses on the global petrochemical sector.
- 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
