Asia/Pacific
Emerson awarded Shell Prelude FLNG contract
Shell Australia has chosen Emerson to provide automation maintenance and reliability services for Shell’s Prelude FLNG facility.
Vietnam to privatize Dung Quat refinery by June 2017
Vietnam aims to privatize its $3 B Dung Quat oil refinery by June 2017, with energy firms from Russia, Thailand and Kuwait expressing interest in taking a strategic stake.
ChemChina and Rosneft set framework for FEPCO project future
ChemChina and Rosneft set out the framework for further implementation of the Far-Eastern petrochemical company project during the G-20 summit in Hangzhou.
SABIC says China petrochemical project to cost $3-4 B
Saudi Basic Industries Corp. expects its coal-to-chemicals project in China with Shenhua Ningxia Coal Industry Group to cost $3-4 B.
SABIC, SNCG agree on possible China chemical JV principles
SABIC, along with Shenhua Ningxia Coal Industry Group Co. Ltd. (SNCG) and the government of the Ningxia Hui Autonomous Region of China, have agreed on a set of principles for cooperation in the further development of a potential joint venture (JV) between SABIC and SNCG to build a greenfield coal-to-chemicals complex.
Freedonia Group: Global demand for refining catalysts to reach $4.7 B in 2020
Global demand for the refining catalysts market, which includes catalysts used in fluid catalytic cracking (FCC), hydroprocessing, alkylation, reforming and other applications, is forecast to grow 3.6%/yr to $4.7 B in 2020.
Global Project Data
This special installment of Global Project Data focuses on the global refining sector.
Industry Metrics
European refining margins rose as refineries completed maintenance and recovered from the negative impact of the France strikes.
Editorial Comment: Refining overcapacity—will the trend continue?
In September 2015, the Editorial Comment centered on the theme of overcapacity.
Column: Asian refinery wars - China, India gain market share
China's surging exports of refined fuels have cut profit margins for Asia's refiners, but the pain is unlikely to be shared equally across all the region's exporters of oil products.
- Borouge to develop AI-powered autonomous UAE operations to accelerate growth and value creation 6/25
- Ch0C gas boiler: A French consortium innovates for industrial decarbonization 6/25
- Taiwanese container ship operator to install WinGD's methanol engines across more than 30 vessels 6/25
- EIA: U.S. crude and fuel inventories fall on higher demand 6/25
- Update: Venezuela's second largest refinery restarting units after blackout 6/25
- 3t introduces landmark training to empower women in Saudi Arabia’s energy sector 6/25
