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Asia/Pacific

ADNOC offers Murban crude from S. Korea storage in rare move

SINGAPORE (Reuters) -- Abu Dhabi National Oil Company has offered Murban crude to be loaded in April from its oil storage in South Korea in a rare move, three trade sources said on Thursday.

CB&I awarded CATOFIN technology contract for Chinese petchem plant

THE WOODLANDS, Texas -- CB&I announced it has been awarded a contract by Dongguan Grand Resource Science & Technology Co. Ltd. for the license and engineering design of a grassroots propane dehydrogenation unit to be built in Dongguan City, Guangdong Province, China.

S.Korea's Jan crude imports from Iran more than double on year

SEOUL (Reuters) -- South Korea's January crude imports from Iran more than doubled from a year ago as the Middle Eastern country continues to increase its output to reclaim its market share.

Singapore's IEG to start trading crude oil, tap China demand

SINGAPORE (Reuters) -- Singapore-based trading start-up International Energy Group (IEG) this year plans to expand its portfolio to crude oil from products such as gasoline and gasoil, looking to tap growing Chinese demand.

GTC installs second dividing wall column for Indian refinery

HOUSTON -- GTC Technology has supplied its proprietary GT-DWC technology for a second Dividing Wall Column for Reliance Industries Limited (RIL) at the DTA Refinery in Jamnagar, India.

Thai oil targets 2017 refining rate at 100%-103% of capacity

BANGKOK (Reuters) -- Thailand's largest oil refiner Thai Oil said on Tuesday it aims to run its refinery at 100%-103% of its 275,000 bpd capacity in 2017, and has no plans for any maintenance shutdowns.

China steps up Russian oil imports as teapots buy Urals crude

MOSCOW/SINGAPORE (Reuters) -- Russian crude imports to China have risen in early 2017 as the country's independent, or teapot, refiners have expanded their diet to include the Urals grade, trade sources said on Tuesday.

Honeywell technology selected for largest petchem project in China

DES PLAINES, Ill. – Honeywell announced that Zhejiang Petrochemical Co. Ltd. will use a range of process technology from Honeywell UOP, the world’s leading licensor of refining and petrochemical process technology, for a new integrated refining and petrochemical complex in Zhoushan, Zhejiang Province.

Grace to license process technology to Dongguan Grand Resources, China

COLUMBIA, Md. -- W. R. Grace & Co., supplier of polyolefin catalyst technology and polypropylene (PP) process technology, contracted to license its UNIPOL PP process technology to Dongguan Grand Resource Science & Technology Co. Ltd. in the fourth quarter of 2016.

Saudi Aramco inks first oil contract with China's Huajin

SINGAPORE/BEIJING (Reuters) -- State oil giant Saudi Aramco has signed a contract with Chinese oil refiner North Huajin Chemical Industries Group Corp to supply crude in 2017, two sources with knowledge of the matter said on Monday.