Asia/Pacific
China oil giant CNPC sells $3.8 B of engineering assets
China National Petroleum Corp. will sell $3.8 B worth of engineering related assets to a listed arm as part of a push to restructure its non-core business.
Hindustan Petroleum aims at 60 MM ton refining capacity by 2030
India's third biggest crude oil refiner, Hindustan Petroleum Corp., plans to expand its refining capacity to 60 MMtpy by 2030
China's Zhejiang Rongsheng eyes doubling refinery capacity in 2020
Chinese conglomerate Zhejiang Rongsheng Holding Group plans to double capacity of a joint venture refining project to 800 Mbpd in 2020.
LiqTech to supply $18. MM filtration system for Chinese bioethanol plant
LiqTech International, Inc. has entered into a letter of intent to supply a $1.8 MM filtration system for a 100 Mtpy bioethanol plant to be located in Harbin, Heilongjiang, China.
HIMA moves to a wholly foreign-owned enterprise
HIMA has relaunched its Chinese operation in the form of a wholly foreign-owned enterprise. The new company is named HIMA (Shanghai) Industrial Automation Co.
Platts proposes change in sulfur content in Asia gasoil benchmarks
Oil pricing agency Platts has begun consulting with traders this week on a change it has proposed in the sulfur content of its key gasoil benchmarks in Asia and the Middle East.
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.
- 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
