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Asia/Pacific

Hengli Petrochemical selects Dupont technologies for alkylation complex

DuPont Clean Technologies announced that Hengli Petrochemical Company, based in Dalian, China, has awarded DuPont a contract to supply the alkylation and spent acid regeneration technologies for the nrew, grassroots refinery in the Changxing Island Harbor Industrial Zone.

Asia set for biggest refining capacity jump in three years

SINGAPORE (Reuters) -- Asia will post its biggest net refining capacity addition in three years in 2017, further boosting demand for crude in the world's biggest and fastest growing oil consuming region.

Death of diesel in passenger cars of limited concern to refiners

LONDON (Reuters) -- Even if the diesel engine's scandal-driven fall from grace pushes it out of the world's passenger cars, an increasing need for it on ships, in trucks and heavy industry could save the refineries that invested heavily in producing the fuel.

Fluor awarded contract for Chevron manufacturing facility in China

IRVING, Texas – Fluor Corporation announced that Chevron (China) Chemicals Co., LTD. has selected Fluor to perform front-end engineering and design (FEED) work for a manufacturing facility in Ningbo, Zhejiang, China. Fluor booked the undisclosed contract value in the fourth quarter of 2016.

Shell agrees sale of Australia aviation business to Viva Energy

Shell has signed an agreement with Viva Energy Australia Pty Ltd for the sale of Shell Aviation Australia Pty Ltd for a total transaction value of approximately $250 million. It follows the sale of Shell’s other downstream activities in the country to Viva Energy in 2014.

By shielding biggest buyer Asia from supply cuts, OPEC risks prolonging fuel glut

SINGAPORE (Reuters) -- OPEC's efforts to hold market share in Asia by keeping its customers, which take about two-thirds of its exports, supplied amid wider output cuts could prolong the global fuel glut and frustrate its attempt to bolster prices.

Idemitsu buys fewer Showa Shell shares after family opposes deal

TOKYO (Reuters) -- Idemitsu Kosan Co said on Monday it completed the purchase of just under a third of rival refiner Showa Shell Sekiyu KK, cutting the amount of shares it planned to buy after facing opposition from Idemitsu's founding family.

Indonesia assigns Pertamina to build Bontang refinery

JAKARTA (Reuters) -- The Indonesian government has assigned state energy company PT Pertamina to build and operate a refinery at Bontang in East Kalimantan in a bid to speed up development of the project, a state official said on Friday.

Thai IRPC to invest $280 MM to expand petchem output capacity

BANGKOK (Reuters) -- Thailand's integrated oil refiner IRPC Pcl plans to invest $280 million next year with an aim to expand the production capacity of a petrochemical product and boost its long-term earnings growth, a top executive said.

CB&I announces alkylation and hydrocracking awards in China

THE WOODLANDS, Texas -- CB&I announced it has been awarded two contracts for a grassroots refinery in China. The scope of work includes the license and engineering design of an alkylation unit and two Chevron Lummus Global (CLG) diesel hydrocracking units along with catalyst supply.