Asia/Pacific
China's CEFC courts ‘teapots’ for first domestic refinery acquisition
BEIJING (Reuters) -- Privately-run conglomerate CEFC China Energy has approached several independent Chinese oil processors seeking to acquire its first domestic refinery operation, its next move towards becoming a global integrated oil player.
Ex-BP exec charged in Singapore for receiving $3.95 MM in bribes
SINGAPORE (Reuters) -- A former executive at oil company BP in Singapore was charged on Thursday with obtaining $3.95 million in bribes in what the city-state's anti-corruption agency called one of the largest corruption cases in the country.
China's February crude oil imports hit second highest on record
BEIJING (Reuters) -- China's crude oil imports rose to the second-highest level on record in February, as strong demand from independent "teapot" refiners continues to drive growth.
Saudi Aramco to supply full crude contract volumes to Asia
TOKYO (Reuters) -- Saudi Aramco will supply full contract volumes of crude oil to multiple Asian buyers in April, three industry sources with knowledge of the matter said.
Sinopec to boost fine chemicals investment at Maoming refining hub
BEIJING (Reuters) -- Sinopec Corp plans to boost investment in fine chemicals at its Maoming-Zhanjiang refining base in southern China alongside partners like Germany's BASF, a senior executive said in an interview on Thursday.
CERAWeek '17: India poised to become an emerging energy powerhouse
HOUSTON—At a late-morning panel on Wednesday at CERAWeek by IHS Markit, government officials and strategists discussed India's evolving role in the global gas market. The panel was moderated by Gauri Jauhar, Director of Consulting and Research (Chair) at IHS Markit.
CERAWeek ’17: Global gas growth spurred by emerging markets, increased trade
HOUSTON—At CERAWeek by IHS Markit’s Global Gas Plenary on Wednesday morning, panelists shared their views on how they expect gas markets to develop over the next few years.
CERAWeek '17: Gas execs, analysts discuss Asian LNG market reforms
HOUSTON—At a Wednesday morning breakfast panel discussion at CERAWeek by IHS Markit, executives from Asian and US LNG companies, as well as analysts and government strategists, spoke about the state of the Asian LNG market and how reforms should be implemented.
Oil-for-loan debts cost Venezuela's PDVSA hard-won India market share
CARACAS/HOUSTON/NEW DELHI (Reuters) -- Venezuela's state-run oil company, PDVSA, has spent at least a decade trying to build business ties and boost shipments to refineries in India, where crowds once welcomed the late socialist leader Hugo Chavez with cries of "Viva!"
Malaysia, Indonesia biodiesel production forecast to rise in 2017
KUALA LUMPUR (Reuters) -- Malaysia will produce about 900,000 t of biodiesel in 2017, up about 80% from half a million tons last year, while Indonesian output will rise to 3.5 MMt this year from 3 MMt in 2016, an industry expert said on Tuesday.
- KBR to provide technology for mega-scale ammonia plant in Angola 11/25
- Indian refiners' October crude processing up over 3% y/y 11/25
- Air Liquide strengthens partnership with TotalEnergies through renewable H2 project in France 11/25
- Hexagon collaborates with Microsoft to enhance industrial operations 11/25
- China issues extra crude oil import quota to teapot refineries 11/25
- McDermott achieves ISO 50001 Certification for energy management at four fabrication yards 11/25
