Asia/Pacific
Air Products invests in Korea to support growing market demand
Air Products will build a new large air separation unit (LASU) in Ulsan, South Korea.
Angola becomes China's biggest oil supplier in September
Angola became China's largest crude supplier for the second time in September, taking the top position from Russia.
S. Korea's GS Caltex buys North Sea Forties crude for January arrival
The narrowing of Brent's premium to Dubai swaps this month has prompted Asian refiners like GS Caltex to turn their attention to arbitrage crude from Europe.
Oil tanker carrying naphtha explodes at southern China port
An oil tanker carrying 3,400 tons of naphtha exploded during discharge at a southern Chinese port.
Japan's JX shuts Kashima condensate splitter, reformer after fire
JX Nippon Oil & Energy Corp. shut its 63-Mbpd condensate splitter and the 21-Mbpd No. 3 reformer at its Kashima refinery in eastern Japan after a fire at the reformer.
KBR awarded pre-FEED study for Indonesian LNG regas project
KBR has been awarded a pre-front end engineering and design study for Australasia LNG’s proposed LNG Hub terminal in Probolinggo, East Java, Indonesia.
Rosneft's partner in Essar deal says may sell stake within 5 years
Russian private investment group United Capital Partners, which is teaming up with oil giant Rosneft to buy India's Essar Oil in a $12.9-B deal, said it may sell its stake within five years.
LG Chem to invest $260 MM at Daesan for ethylene by 2019
LG Chem will spend $257 MM to add ethylene production to its Daesan naphtha plant by 2019.
Petrobras approves sale of Okinawa refinery, terminal to Taiyo Oil
Petrobras’ Board of Directors approved the sale of 100% of the shares of the Nansei Seikyu refinery and terminal to Taiyo Oil Company.
Air Products and NICE sign MOU to develop hydrogen fuel projects in China
Air Products and the National Institute of Clean-and-Low-Carbon Energy have signed a memorandum of understanding to develop hydrogen fuel projects in China.
- Borouge to develop AI-powered autonomous UAE operations to accelerate growth and value creation 6/25
- Taiwanese container ship operator to install WinGD's methanol engines across more than 30 vessels 6/25
- 3t introduces landmark training to empower women in Saudi Arabia’s energy sector 6/25
- Veolia opens one of the largest PFAS treatment plants in the U.S. 6/25
- AVTL to develop €53-MM ammonia terminal in Pipavav, India 6/25
- Wood to design upgrades at Ecopetrol refinery for cleaner fuels production 6/24
