Asia/Pacific
MAN Diesel expands Mitsui cooperation
MAN Diesel & Turbo has entered a comprehensive cooperation agreement with Mitsui Engineering & Shipbuilding Co., Ltd. that will intensify their existing, joint business activities. The agreement was signed by Takao Tanaka, President & CEO of Mitsui Engineering & Shipbuilding and Dr. Uwe Lauber, CEO of MAN Diesel & Turbo.
India's record jet fuel exports set to fall as air travel soars
SINGAPORE/NEW DELHI (Reuters) -- India's record jet fuel exports may fall this year as an expanding middle class and cheaper air travel boost local consumption, refinery executives and analysts told Reuters, potentially raising ailing profit margins for the fuel.
Japanese oil refiners Idemitsu, Showa Shell sign alliance deal
TOKYO (Reuters) -- Japanese oil refiners Idemitsu Kosan Co Ltd and Showa Shell Sekiyu KK said on Tuesday that they have signed a deal to form a business alliance ahead of Idemitsu's stalled merger with Showa Shell.
Puma Energy opens Myanmar’s largest petroleum products terminal
YANGON, Myanmar -- Puma Energy Asia Sun, a JV between Puma Energy, the global mid and downstream energy company, and Asia Sun Energy (ASE), a local company experienced in logistics and trading in Myanmar, celebrated the opening of its petroleum products terminal at Thilawa port, southeast of Yangon.
Petronas, Saudi Aramco explore petchem expansion in Malaysia
KUALA LUMPUR (Reuters) -- Malaysian state-owned oil company Petronas and its partner Saudi Aramco are studying projects to build more petrochemical plants to make full use of raw materials from their JV in Malaysia.
India's top refiner in early talks with Aramco for downstream project
KUALA LUMPUR (Reuters) -- India's top refiner said it is in initial talks with Saudi Aramco on downstream investments, including a mega project on its west coast, that could help the OPEC member lock-in customers amid an oil supply glut.
China's crude oil imports ease from record, fuel exports fall
BEIJING (Reuters) -- China's crude oil imports eased in April from March's record high as refiners processed less oil during a heavy maintenance season, while exports of refined fuel fell by a quarter from a month earlier due to quota reductions.
Honeywell UOP installs China's largest propane dehydrogenation unit
DES PLAINES, Ill. -- Honeywell announced the commissioning and operation of the largest operating single-train propane dehydrogenation unit in China.
CNPC loads first crude oil into Myanmar-China pipeline
BEIJING (Reuters) -- China's state-owned refiner China National Petroleum Corp (CNPC) said it has loaded the first crude oil through its Myanmar-to-China pipeline, the latest step towards supplying crude to its new refinery in Yunnan province.
Alfa Laval to supply heat exchangers to China refinery
LUND, Sweden -- Alfa Laval has won an order to supply compact heat exchangers to a refinery in China. The order has a value of approximately SEK 210 MM. It is booked in the Welded Heat Exchangers unit of the Energy Division, with deliveries scheduled for 2018.
- Uniper and AM Green sign long-term offtake agreement for up to 500,000 tpy of renewable ammonia from India 1/12
- Indonesia president inaugurates Balikpapan refinery upgrade worth $7.4 B 1/12
- Carlyle, Chevron-Quantum partnership among frontrunners for Lukoil assets 1/12
- Brazil's diesel imports hit record in 2025 amid local production decline 1/12
- Vitol to load first diluent cargo under Venezuela supply deal last weekend 1/12
- Maersk explores more ethanol use for green fuel to cut reliance on China 1/12
