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Asia/Pacific

Chinese group plans first private mega-project for refining, chemicals

Rongsheng has partnered with local firms, including a state-owned chemical producer, to build the complex, which would include a 400,000-bpd refinery and a 1.4-MMtpy ethylene plant.

GE to provide wastewater treatment for Chinese coal-to-chemical plant

GE’s ZLD evaporator and crystallizer system will eliminate liquid discharge of waste and enable water reuse at the Shaanxi Future Energy Chemical Co. coal-to-chemical plant in China.

Rare gasoline cargo heads from China to US

Asian gasoline stocks have risen sharply in recent months as traders and refiners betting on strong summer demand for the road fuel in China and other countries ramped up imports and production.

China’s stimulus may briefly boost gasoil margins for Asian refiners

There are two main factors at work that are improving the outlook for the region's major industrial and transport fuel, namely the expectation of stimulus spending in China and refinery maintenance in the region, as well as the Middle East.

Saudi Aramco mulls proposals to invest in Indian downstream projects

India's oil minister met earlier this month with Saudi Aramco chairman Khalid al-Falih and sought Saudi investment in a planned 1.2-MMbpd refinery on India's west coast, the expansion of the Bina refinery and a petrochemical plant at Dahej.

Bangladesh to cut prices for gasoline, kerosene, diesel by up to 10%

Prices of petrol and 95-octane gasoline have now been reduced by 10 taka/liter and diesel and kerosene by 3 taka/liter, said Nasrul Hamid, junior minister for power, energy and mineral resources.

Indian refiner Reliance seeks more Iranian oil

The company had made small purchases from Iran in the current quarter and was currently engaged in talks for bigger supplies, indicating that it could also get into a long-term supply contract.

Indian Oil, CB&I commission landmark FCC unit at Paradip refinery

The start-up is a major landmark for the petroleum industry and represents one of the largest single-train, high olefin yield FCC units globally, according to project officials.

China’s Sinochem Hongrun sells first fuel export

Sinochem Hongrun, partly owned by state-run Sinochem Corp., sold a 35,000-ton cargo of 92-octane gasoline to trading house Trafigura, the sources said, and it was being loaded on Wednesday.

Indonesia’s Pertamina to pick partner in April for $12B Tuban refinery

Pertamina is currently in talks with Saudi Arabian national oil giant Saudi Aramco, China's Sinopec Corp., Kuwait Petroleum International (KPI), Russia's Rosneft and a consortium involving Thailand's PTT Global Chemical and Thai Oil, said Pertamina refineries director Rachmad Hardadi.