Asia/Pacific
Asia fuel oil discount to Dubai crude at narrowest in eight months
Boosted by supply constraints and lower global inventories, the discount of 180-centistoke fuel oil in Asia to Dubai crude oil is at its narrowest in almost 8 months.
Asia oil refiners choose from 300 types of crude
Asia's oil refiners can choose from over 300 crudes from every continent, because of cheap freight and rising supplies.
Bharat Petroleum seeks upstream assets to feed refineries
Bharat Petroleum wants to buy more stakes in assets that are already producing to feed its refineries and become more self-sufficient.
Veolia delivers water treatment unit for Ichthys LNG Project FPSO
Veolia delivered an MPPE water treatment module to the Ichthys LNG project’s floating production and storage unit.
Jacobs to upgrade Singapore Refining Co.’s Jurong Island refinery
Jacobs Engineering Group received a contract from Singapore Refining Company to provide services for an upgrade project at their Jurong Island refinery.
GAIL’s Unipol PE process line starts operations in Pata
GAIL Ltd. has successfully started its first Unipol PE process line with the capacity to produce 400 Mtpy of polyethylene.
GE to provide power solution for Petronas’ Pengerang complex
GE will supply 17 emergency diesel generator packages, five transportable switch rooms and the electrical balance for Petronas’ Pengerang Integrated Petrochemical Complex.
India to buy 6 MMbbl of Iran oil for emergency reserves
India is set to buy 6 MMbbl of Iranian crude for its strategic oil reserves as negotiations with the United Arab Emirates' national oil company for supplies are stuck over commercial terms.
Curacao inks deal with China firm to run Isla refinery
The government of Curacao has signed a preliminary agreement with China's Guangdong Zhenrong Energy to operate the aging Isla refinery and invest some $10 B to upgrade the facility.
Chinese gasoil exports may hit Asia refiner margins for rest of year
Asian gasoil distillates refining margins are likely to remain bearish for the next few months on larger than usual exports from China.
- AUMA releases new explosion-proof electric actuator series 1/13
- “The corridor to the future runs through the UAE”: Abu Dhabi powering the AI era with molecules, gigawatts and partnership 1/13
- Stamicarbon awarded two chemical licensing contracts in China 1/13
- JERA on track for 20% ammonia co-firing at Hekinan power plant 1/13
- Whiting refinery workers begin contract negotiations with bp 1/13
- Sinochem says Quanzhou refinery to resume operations soon 1/13
