Asia/Pacific
Japan's JX, TonenGeneral merger deal imminent
Japan's JX Holdings and TonenGeneral Sekiyu are set to finalize details Wednesday, August 31 for a new merged company to be formed in April 2017.
Profit at China's Sinopec slumps 21.6% in first half
Sinopec said its net profit fell 21.6% in the first half of 2016, hurt by a steep decline in international oil prices.
Saudi Aramco could reduce stake in $5.5 B Indonesia refinery project
Aramco has asked to cut its share of the project to upgrade a refinery in Cilacap in the province of Central Java to 30% from 45%
China refiners, petrochemical companies to benchmark CO2
China's oil refining, petrochemical and chemical companies will propose a plan to benchmark their CO2 emissions as the first step toward setting up an emissions market for the sector.
CIMIC Group issues update on Gorgon LNG lawsuit
Australia’s CIMIC Group Ltd. released a statement yesterday about a Notice of Dispute the company issued in February relating to the Gorgon LNG Jetty and Marine Structures Project.
China targets teapot oil refineries in tax crackdown
China's crackdown on alleged tax evasion in the oil industry will target independent refineries and follows complaints by state energy giants.
Column: China's fuel exports less worrisome than crude costs for refiners
China's booming fuel exports have contributed to a structural lowering of margins for the region's refiners, but fluctuations are still mostly linked to crude prices.
General Atomics’ electrostatic separators selected for S-Oil’s Onsan refinery
General Atomics Electromagnetic Systems received an order for a 16-module electrostatic separator system for installation at the new residue upgrading complex project at S-Oil Corporation’s Onsan refinery in the Republic of Korea.
LNG slump, cost cutting spur rare output curb at Australian plant
Spending cuts and weak global liquefied natural gas prices have forced the operator of the Gladstone LNG project in Australia to consider running the plant at less than full tilt.
Malaysia's Petronas Chemicals says 2 killed from ammonia leak at plant
Malaysia's Petronas Chemicals Group said Tuesday that an ammonia leak at one of its plants in the eastern state of Sabah killed two employees and injured three.
- thyssenkrupp Uhde to build a low-emission polyester plant for KÖKSAN in Turkey 4/9
- Honeywell to supply digital process and automation technologies to the Dangote refinery 4/9
- Technip Energies awarded contract for Long Son Petrochemicals enhancement project in Vietnam 4/9
- Japan weighs new release of about 20 days' worth of oil from reserves 4/9
- Germany probes Klesch's planned purchase of bp refinery 4/9
- Southern Energy Renewables and Axens Sign MoU to advance SAF projects in Louisiana and beyond 4/8
