Asia/Pacific
Chevron discovers more natural gas in offshore Western Australia
Chevron announced further drilling success by its Australian subsidiary in the Carnarvon Basin located in offshore Western Australia, Australia’s premier hydrocarbon basin. The discoveries are expected to help underpin potential expansion opportunities at the Wheatstone liquefied natural gas (LNG) hub, which moved to the construction phase in September 2011.
Air China completes first sustainable biofuel flight
Air China, in partnership with Boeing, Honeywell UOP, the Civil Aviation Administration of China, PetroChina and Pratt & Whitney, on Friday completed a demonstration flight using a sustainable biofuel derived from biomass grown in China.
Study says isobutanol-gasoline blends are superior to ethanol in small engines
In side by side performance, durability and emissions testing of small engines, gasoline blended with isobutanol performed better than blends using ethanol, according to new research from renewable chemicals and advanced biofuels firm Gevo. The results demonstrated that unlike ethanol, blends incorporating isobutanol do not cause any irregular or unstable engine or performance issues.
Momentive expands Korea silicone technology hub
Silicones and advanced materials provider Momentive is expanding its marketing and technology operations in the Seoul Gasan Digital Complex with a new application development center, seeking to meet growing demand for specialty silicone products in Korea.
Chemical M&A surging amid major US deals - PwC
Mega deals involving US-based companies in the global chemicals industry helped raise merger and acquisition (M&A) deal value to $16 billion in the third quarter of 2011, according to Chemical Compounds, a quarterly analysis of M&A activity in the global chemicals industry by consultancy PricewaterhouseCoopers (PwC).
Petron chooses CB&I for technology on Philippines refinery upgrading project
CB&I was awarded contracts by Petron to supply sulfur recovery, tail gas treating and hydrogen plant technologies for the Bataan refinery upgrading project (RMP-2) in the Philippines. The project is scheduled for completion in 2013.
CB&I wins engineering, technology deal for China olefins recovery units
CB&I said on Tuesday that subsidiary Lummus Technology has been awarded a contract by China Coal Shaanxi Yulin Energy & Chemical Co. for the license and engineering design of two light olefins recovery units. The startup of the first unit is expected in 2013.
BP reaches turning point in oil output, safety - CEO
As BP announced its third-quarter financial results on Tuesday, group CEO Bob Dudley put forther more details on BP’s future direction and strategic priorities, saying the company had reached a clear turning point in oil and gas production.
BASF, Sinopec start up first chemical plants from China venture expansion
The first production facilities in the $1.4 billion expansion of BASF-YPC Co. have now begun operations in Nanjing, China. BASF-YPC is the 50:50 joint venture established in 2000 between Germany’s BASF and China’s Sinopec.
Chevron starts gas production at Thailand project
Chevron announced on Monday that its Thailand subsidiary has begun natural gas production from the Platong II project in the Gulf of Thailand. The $3.1 billion project is expected to ramp up production to 330 million cubic feet/ day.
- U.S. EIA forecasts new export licensing requirements will reduce U.S. ethane exports 6/18
- Nigeria to export first gasoline cargo to Asia from Dangote refinery 6/18
- Indian refiners cancel palm oil orders for July-September as prices surge 6/18
- U.S. set to object to green jet fuel recommendation at UN aviation council 6/18
- Phoenix Contact introduces intrinsic safety versions of the MINI Analog Pro Ex conditioners for hazardous areas 6/18
- EIA: U.S. crude inventories fall by most in a year, fuel stocks build 6/18
