Asia/Pacific
Asia 10-ppm gasoil refining margins near 18-month low on clouded outlook
Asia's 10-ppm sulfur gasoil refining margins have slumped to a near 18-month low amid mixed market outlooks as well as softer ICE gasoil futures and prompt paper swaps.
Russia suspends publishing monthly fuel stats
Russia's state statistics service Rosstat said on Wednesday it was suspending publication of oil products output data.
TAQA, JERA collaborate on cogen plant for power to Jubail petrochemical complex (Saudi Arabia)
Abu Dhabi National Energy Company PJSC (TAQA) and JERA Co., Inc announced the successful financial closing of Najim Cogeneration Company Limited, a new industrial steam and electricity cogeneration plant that will produce electricity and steam for a petrochemical complex located in Jubail in the Eastern Province of the Kingdom of Saudi Arabia.
The purification of benzoic acid using dividing wall columns
In one recent project for a customer based in Asia, the authors’ company suggested the combination of distillation and crystallization techniques to obtain high-quality purified benzoic acid. Encouraged by the successful startup of this processing train, the customer began to schedule a second project. The authors’ company was asked to optimize the purification process to improve cost and operational efficiencies. The two existing columns, which remove lights and heavies, respectively, from the crude benzoic acid feedstock were investigated to identify key opportunities. The feasibility study based on the feed composition confirmed that the existing columns could be converted into a single dividing wall column (DWC).
AM Green Ammonia reaches FID on its first MMt green ammonia project in India
AM Green Ammonia B.V. has achieved final investment decision (FID) for its first million-ton (MMt) green ammonia project located in Kakinada, Andhra Pradesh, India.
Acer, Cathay Cargo and Dimerco join forces to reduce carbon emissions via SAF
Cathay Cargo and Dimerco Express Group are joining forces to reduce carbon emissions in aviation. Acer and its logistics provider Dimerco have signed an agreement to support sustainable aviation fuel (SAF) use on Cathay Cargo’s flights, beginning from 2024.
Seven injured in fire at Russia's Omsk oil refinery, production continues
Seven people were sent to the hospital, with one in a serious condition, after a fire at Russia's Omsk oil refinery, although the plant said it was operating as normal and production plans would not be affected.
PetroChina posts record interim profit, but fuel sales decline
China's largest oil and gas company PetroChina's first-half net income hit a new high, up 3.9% compared with a year ago, as higher oil and gas prices outweighed the impact of reduced refining profits.
Sinopec's H1 profit up on record output despite lower product demand
China's Sinopec posted a 2.6% rise in net profit for the first half of the year as record oil and gas output compensated for falling domestic demand for refined fuel and petrochemicals.
KazMunayGas, CNPC carbamide project at Zhanazhol gas processing plant to cost $1.5 B
The carbamide project that will be carried at the Zhanazhol gas processing plant in Kazakhstan will cost $1.5 B with capacity for 1.2 metric MMtpy.
- Pakistan to buy first-ever U.S. oil cargo in Cnergyico deal with Vitol 8/1
- Phillips 66 hit with $800-MM penalty in biofuel trade secrets case 8/1
- Pengerang Terminals to provide storage and handling facilities for biorefinery feedstocks and products 7/31
- Indian state refiners pause Russian oil purchases 7/31
- PBF Energy partially restarts Martinez (U.S.) refinery, posts smaller-than-expected quarterly loss 7/31
- Key Asian fuel exporters boost jet fuel sales to Europe in July 7/31
