Asia/Pacific
Boxscore Construction Analysis: The state of the global downstream construction sector
In May, Lee Nichols, Editor and Associate Publisher of <i>Hydrocarbon Processing</i> and <i>Gas Processing</i>, presented a detailed, year-to-date trend analysis and review on new and active downstream construction projects around the world.
Global Project Data
<i>Hydrocarbon Processing’s</i> Construction Boxscore Database is tracking nearly 350 downstream projects with capital expenditures (CAPEX) of $1 B or greater.
Business Trends: Ethylene production economics from optional feedstocks
The petrochemicals industry is witnessing enormous growth worldwide. Ethylene is produced by cracking a range of hydrocarbons. Naphtha is the main raw material used in European and Japanese crackers, while the US utilizes ethane as its primary feedstock.
Industry Perspectives: The global reach of Hydrocarbon Processing
Since the beginning of this year, Hydrocarbon Processing has published more than 200 articles and columns. These publications include technical and trends-based articles on the hydrocarbon processing industry (HPI) within the magazine, online, in show dailies, etc.
Editorial Comment: Is the industry ready for IMO 2020?
In mid-July, hydrocarbon processing industry (HPI) professionals from around the world met in Houston, Texas for Hydrocarbon Processing’s International Petrochemical and Refining Conference (IRPC).
Asia traders consider sending diesel, jet fuel to Europe after Dutch refinery fire
SINGAPORE (Reuters) — Traders in Asia are considering shipping diesel and jet fuel to Europe after a fire at that region's largest oil refinery disrupted supplies and boosted fuel margins, five traders and shipbrokers said on Tuesday.
India refiners outshine Asia peers with new output, rising local demand
SINGAPORE/NEW DELHI (Reuters) — Indian refiners are outperforming their competitors in South Korea and Thailand as they have ramped up output from new fuel and chemical capacities to meet rising domestic demand that could further lift their earnings over the next 2 yr.
S.Korea’s Hyundai Heavy wins ship contract from Vitol worth up to $600 MM
SEOUL (Reuters) — South Korea's Hyundai Heavy Industries Co has won a contract worth up to $600 MM from Vitol, the world's largest independent oil trader, for as many as eight gas tankers.
Asian imports of Iranian oil hit 14-month low
TOKYO (Reuters) — Imports of Iranian crude by major buyers in Asia fell for a second month in a row to a 14-month low in June, weighed down by sluggish purchases by China and Japan.
Vietnam plans to spend over $6 B for crude oil, fuel storage
HANOI/SINGAPORE (Reuters) — Vietnam plans to spend more than $6 B to build a strategic petroleum reserve and to expand commercial storage for crude oil and oil products by 2025, according to a document reviewed by Reuters.
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- Slovakia, Hungary say Ukraine has halted Lukoil's Russian oil transit 7/18
- Update: Singapore middle distillates stocks surge on jet fuel imports 7/18
- Rompetrol completes DCU project at Petromidia refinery 7/17
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- Pertamina expects Balikpapan's CDU IV to resume later this month 7/17
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