Asia/Pacific
HP Reliability: Dealing with asset management and life extension
The business manager for an asset management solutions (AMS) firm in the Middle East faced a big task. He had been asked to execute a major project for an oil and gas producer and wanted to have his q..
HP Viewpoint: Opportunities of abundance: How shale gas changes the energy landscape
Today’s reality is that the US has enough natural gas to meet growing demand, allowing the country to focus on domestic uses and export possibilities.
HP Viewpoint: Cautious optimism for growth seen in US natural gas market
With the advantages of a large resource base, relatively reasonable costs, and environmental pressures on competing fuels, such optimism is justified. However, the industry’s hopes are not guaranteed to be fulfilled.
HP Viewpoint: LNG’s future: Branching out
The liquefied natural gas (LNG) industry is mature and poised to branch out in many new directions in the coming decades as it continues to grow in capacity.
HP Construction: Asia Pacific
Davy Process Technology Ltd., a Johnson Matthey company, and The Dow Chemical Co.’s Oxygenated Solvents Business, have announced that Wison (Nanjing) Clean Energy Co., Ltd., has selected LP Oxo S..
Indian Oil to cut jet fuel prices amid weaker crude
Indian Oil Corp. on Saturday said it will trim jet fuel prices by 1.0% beginning January 1 due to a softening in international benchmark rates. State-run fuel retailers revise jet fuel prices every fortnight in line with international crude oil prices.
Tata Power to buy BP stake in India solar venture
Tata Power signed an agreement to buy partner BP Alternative Energy Holdings' 51% stake in their solar energy venture in India. Under the agreement, Tata BP Solar will have access to certain technologies of BP until 2013, Tata Power said in a regulatory filing.
ExxonMobil to consolidate businesses of fuels marketing, lubricants
The ExxonMobil board of directors will approve the consolidation of ExxonMobil Fuels Marketing Co. and ExxonMobil Lubricants & Petroleum Specialties Co. into ExxonMobil Fuels, Lubricants & Specialties Marketing Co., effective February 1, 2012.
BP shutting solar unit as industry struggles
BP will exit the solar panel business in a move that will affect about 100 employees, according to reports. BP said the solar business, which has been flooded by excess supply from China, has become commoditized.
Valspar opens coatings R&D facility in China
Paints and coatings major Valspar Corp. announced the opening of its new research and development (R&D) center in Shunde, China. Nearly half of the company's sales in the Asia-Pacific region are in China, where Valspar currently has five manufacturing facilities.
- Petrovietnam says supertanker with Iraqi oil arrives at refinery port 6/1
- Russia bans aviation fuel exports until November 30 6/1
- Green Fuels Operating breaks ground on $400-MM refinery in Oklahoma (U.S.) 6/1
- SABIC puts 141 lots of industrial assets up for public auction 6/1
- Digital Exclusive: Margin left on the table: The hidden cost of supply chain capability gaps in hydrocarbon processing—Part 1 6/1
- bp sells 5% stake in Australian Browse LNG project to South Korea's GS Energy 6/1
