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Asia/Pacific

Shell Indonesia producing marine lubricants, increasing production

Shell’s newest lubricant oil blending plant, located in Marunda Centre, near Jakarta, Indonesia, has more than doubled its production slate and is now producing 99 different products.

Petronas to help YHBS, Huchems develop petrochemical complex near Bintulu, Sarawak

Petronas will conduct a pre-feasibility study for a methanol plant in Bintulu, Sarawak and supply natural gas to Huchems’ proposed petrochemical plant in the same location.

Maire Tecnimont awarded EPC contract for HDPE unit at Pengerang Integrated Complex

Maire Tecnimont and China’s HuanQiu Contracting & Engineering Corp. have been awarded an EPC contract for a new HDPE unit at Petronas’ Pengerang Integrated Complex.

Gazprom says Japanese lender JBIC may help finance Sakhalin-2 LNG expansion

Gazprom has discussed possible financing with the Japan Bank for International Cooperation for the expansion of the Sakhalin-2 LNG plant.

OPEC output curbs could be undone by China slowing crude storage

The sharp drop in China's crude oil imports in October can be ascribed to a combination of factors, but one of them should be a red flag to OPEC, threatening the success of any deal to curb production.

Sinopec in $4-B petrochemical JV with Taiwan firm

A subsidiary of top Asian refiner Sinopec Corp. has officially launched a 50-50 JV with a Taiwanese company to build a petrochemical complex in southeast coastal Fujian province.

Honeywell’s Connected Performance Services to help PetroVietnam improve refinery efficiency

A subsidiary of PetroVietnam will use Honeywell’s new IIoT-based Connected Performance Services offering to improve the performance of its manufacturing operations in Quang Ngai City, Vietnam.

Canadian Court of Appeal halts ExxonMobil acquisition of InterOil

In its decision, the Court of Appeal for Yukon overturned a ruling by the Yukon Supreme Court last month that had approved the proposed plan of arrangement by ExxonMobil Corp. to acquire all of the shares of InterOil.

China company signs MOU with BP to supply crude to Isla refinery

Commodity trader Guangdong Zhenrong Energy Co. has signed a memorandum of understanding (MOU) with BP for commercial cooperation on an oil refinery in the Caribbean.

Thailand's Bangchak reviewing refinery upgrade plan

Bangchak Petroleum Pcl. is reviewing its previously announced plan to upgrade and raise its refinery capacity to 140 Mbpd from 120 Mbpd.