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Asia/Pacific

IRPC '17: Senior engineer sees "dynamic market" for European diesel imports

Hydrocarbon Processing Staff: Blume, Adrienne

NEW DELHI, INDIA—During an IRPC 2017 morning session on market analysis, Shailendra Mohite, Senior Engineer—Stakeholder Management at Kuwait Petroleum International, discussed the emerging structural and opportunistic diesel flows of the European market.

IRPC '17: Refiners consider MARPOL impacts, electric vehicle trend

Hydrocarbon Processing Staff: Blume, Adrienne

NEW DELHI, INDIA—Sanjay Shah, Group Manager for Jacobs Consultancy Ltd., presented a second keynote address on Day 2 of IRPC 2017. He spoke about evolving trends in the refining market with respect to shifts in fuel preferences, and the impacts of MARPOL legislation.

IRPC '17: Director examines electrification's role in decarbonization challenge

Hydrocarbon Processing Staff: Blume, Adrienne

NEW DELHI, INDIA—The second day of IRPC 2017 opened with a keynote by A. K. Saxena, Director of the Electricity and Fuels Division at The Energy and Resources Institute (TERI).

CB&I awarded additional tech contract for ZPC's refinery in China

THE WOODLANDS, Texas -- CB&I announced it has been awarded a contract by Zhejiang Petroleum and Chemical Co. Ltd. for the license and engineering design of a single-train 220 kta diphenyl carbonate (DPC) unit, based on Versalis technology, for a refining and petrochemical complex in China.

IRPC '17: WoodMac Director sees demand pull shifting from China to India

Hydrocarbon Processing Staff: Blume, Adrienne

NEW DELHI, INDIA—Sushant Gupta, Research Director of Asia-Pacific Refining for Wood Mackenzie, opened the plenary session of IRPC 2017 with a global view of the future of the refining and petrochemicals sectors.

Amec Foster Wheeler awarded oil shale fired CFB boilers contract in Jordan

LONDON – Amec Foster Wheeler announces today that it has been awarded a new contract by China Energy Engineering Group Guangdong Power Engineering Co., Ltd., for the design and supply of two circulating fluidized-bed (CFB) steam generator boilers, as well as technical advisory services.

Falling crude boosts Asia refining margins, spreads steady

DUBAI (Reuters) -- Asia's refining margin for 180-cst fuel oil against Dubai crude rose to a 5-week high on Tuesday, after crude oil prices slipped on expectations of rising US shale oil output in May.

IRPC '17: Indian Oil Chairman sees "enormous potential" for refining sector

Hydrocarbon Processing Staff: Blume, Adrienne

NEW DELHI, INDIA—Kicking off International Refining and Petrochemical Conference (IRPC) 2017, B. Ashok, Chairman of state-run Indian Oil Corp. (IOC), presented a keynote speech on the expansion of the Indian refining sector and the challenges and opportunities faced by Asia-Pacific refiners.

China plans Shanghai crude oil futures launch in H2 2017

SINGAPORE/BEIJING (Reuters) -- China is looking at launching its crude oil futures in Shanghai in the second half of this year, two sources familiar with the matter said, breathing new life into a derivative that was considered shelved only months ago.

India's exports revival picks up speed in March

NEW DELHI (Reuters) -- A recovery in Indian exports gathered steam in March with a pick-up in demand for engineering and petroleum products, bolstering an economy still recovering from the government's cash clampdown.