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Asia/Pacific

Editorial Comment: In defense of intellectual property integrity

Hydrocarbon Processing Staff: Andrew, Bob

In the publishing business, a key editorial responsibility is ensuring the integrity of all articles that are chosen for publication. This column elaborates on additional ways that prospective authors can help ensure that readers trust what we print.

Industry Perspectives: New gas processing/LNG project announcements decline for second straight year

Hydrocarbon Processing Staff: Nichols, Lee

According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, over 1,000 new projects have been announced since 2014. Nearly half of these projects were announced in 2014, and the trend shows a steady decline in new project announcements since that time.

Shift to gas: A contribution on the path to sustainability

Schneider Electric: Koenig, E.

The COP21 event left the world with new mandates to develop and implement low-emissions energy sources to power the global economy. To limit global warming, the world must increase the use of resources like natural gas, which offers a quick, relatively clean and inexpensive interim step in the global transition from high-emissions resources to renewable energy sources.

France's Technip, Venezuelan firms tapped to refurbish Aruba refinery

ORANJESTAD/HOUSTON (Reuters) -- A consortium formed by France's Technip and Venezuela's Tecnoconsult and Y&V Group was picked to refurbish Aruba's 225,000-barrel-per day refinery, the Caribbean island's government said on Thursday.

China slashes first round of oil products export quotas

BEIJING (Reuters) -- China has cut oil product export quotas to the nation's four oil majors by 40% in the first round of licenses for 2017, according to two sources who have seen the documents, even as traders expect allowances for overseas sales to meet or exceed this year's record levels.

China's diesel demand likely to rise ahead of Lunar New Year

SINGAPORE (Reuters) -- China's diesel demand is likely to pick up pace ahead of the Lunar New Year as traders stock up barrels ahead of the festivities and as construction activity picks up in some areas, four trade sources said on Thursday.

Oil gains post-Christmas ahead of OPEC, non-OPEC cuts

TOKYO (Reuters) -- US oil prices extended gains on Tuesday in post-Christmas trading, as OPEC and non-OPEC members are set to start curbing output in less than a week to support oil prices.

Cold weather, supply outages fuel LNG winning streak

MILAN (Reuters) -- Asian spot liquefied natural gas (LNG) prices remained firm into the final leg of 2016 as cold temperatures in South Korea, China and Turkey fueled demand while global supply faltered.

China's Sinopec starts construction of Zhanjiang refinery

BEIJING (Reuters) -- China's Sinopec Group has begun construction of a long-planned refinery and petrochemical complex in the southern city of Zhanjiang, the company said on its website on Wednesday.

Shell completes the sale of Shell Refining Company in Malaysia

Shell has completed the sale of its 51% shareholding in the Shell Refining Company Berhad in Malaysia, which includes the 125,000-bpd refinery in Port Dickson, to Malaysia Hengyuan International Limited for $66.3 million.