Asia/Pacific
BHP Billiton to sell Browse LNG stake to PetroChina
The deal involves PetroChina buying BHP's 8.33% stake in the East Browse joint venture and its 20% interest in the West Browse joint venture in offshore Western Australia. Existing participants Woodside Petroleum and Shell hold the right to match PetroChina's offer, which also needs regulatory approval.
IEA sees global crude refining volumes on rise
In its monthly report on the oil sector, the IEA said that the projected daily average for refinery runs was up year-on-year by 950,000 bbl, to 75.3 million bbl. Growth is expected to continue into the first quarter of 2013, when refinery throughput is forecast to be 75.8 million bpd.
Pertamina, Mitsubishi agree to develop Indonesia petrochemical facility
Pertamina said earlier this week that domestic petrochemical production isn't keeping up with over $5 billion worth of annual demand, making related industries heavily dependent on imports.
China calls on West to reduce GHG emissions
Poorer countries argue the West should lead from the front in cutting greenhouse gases because it is largely responsible for the heating of the planet since industrial times. China, the world's top polluter, says it aims to cut its emissions by between 40% and 45% by 2020.
PPG licenses TiO2 production technology to China group Henan Billions
Henan Billions is currently a supplier of sulfate-grade TiO2 to PPG. In June 2012, both companies announced a memorandum of understanding regarding PPG’s licensing of certain chloride-based technologies to Henan Billions for use at Henan Billions’ titanium dioxide refinement facilities in China.
Reliance taps Jacobs to build West India MEG plant
Jacobs was awarded the engineering and procurement assistance services contract for the construction of a mono ethylene glycol (MEG) plant in Gujarat on India's west coast. The new MEG plant is part of Reliance's massive expansion project for its refining and petrochemical facilities.
Sulzer Pumps to supply PetroChina for Guangxi refinery upgrade project
The scope of Sulzer Pumps' supply includes 12 pumps for the residue hydrodesulfurization unit, 18 pumps for the diesel oil hydrotreating unit, and 10 pumps for the oil storage and transportation unit and utility unit. The Guangxi refinery project is scheduled for operation in October 2013.
Pertamina inks petrochemical partnership with SK
Indonesia-based Pertamina didn't specify the financial value or a timeframe for the upcoming project, but said in its statement that domestic petrochemical production can't keep up with over $5 billion worth of annual demand, making related industries heavily dependent on imports.
How do HPI innovations and best practices transform process engineering?
The cross-discipline integration of modeling and analysis tools can help select the best design options and ensure the safe and profitable operation of process plants.
Intelligent indexing is key to 3D CAD plant modeling
Indexing is a key activity in CAD modeling. Arbitrary indexing of the models invariably leads to problems, as discussed in this article.
- Allied Biofuels signs PIA with Uzbekistan to advance $6-B biofuels refinery project 4/10
- Nufarm strengthens strategic collaboration to support long term growth in biofuels production 4/10
- Pertamina and CRecTech sign MoU to explore pilot biogas-to-biomethanol facility in SEZ, Indonesia 4/10
- Shell Chemicals and Syensqo partner to deliver low-carbon ethylene oxide solutions 4/10
- HAMR Energy’s nationally significant fuel projects selected for Australian Government’s Investor Front Door Pilot 4/10
- HD Hyundai Heavy Industries builds world's first ammonia-powered vessel 4/10
