Asia/Pacific
Japan, India officials to discuss high LNG prices
The Japanese government has been seeking ways to reduce its LNG import bill amid soaring domestic demand, and has tried to rally support from other buyer countries like South Korea and India. Japan is the world's largest LNG importer, and buys most of its LNG needs from Malaysia, Qatar, Australia and Russia.
Petrovietnam to upgrade Dung Quat refinery, but expansion plan scrapped
Petrovietnam had earlier said it planned to sell a 49% stake in the refinery to foreign investors and use the proceeds to expand capacity to 200,000 bpd. "Upgrading the refinery so that it can process a diversified feedstock will cost less than expanding its capacity," a top project official said.
KBR, Yokogawa form ammonia technology alliance
Company officials say the fertilizer automation package will couple KBR’s ammonia process technology expertise with Yokogawa’s know-how of process control systems to streamline the work process, develop standard configurations and simplify interfaces between various suppliers.
Shell looks to sell Geelong refinery in Australia
The number of refineries in Australia has dwindled in recent years as vast new processing facilities have sprung up in India, Singapore and elsewhere in the region, producing products such as gasoline, jet fuel and motor oil more cheaply. Geelong is now Shell's only oil refinery in Australia.
US chemical group aligns with Indian oil industry to improve process safety
This communication may lead to joint meetings and conferences and peer review of each other’s publications. Leaders of both organizations say such cooperation is critical to incorporating process safety into companies’ management systems to prevent the recurrence of existing and former problems.
China to overtake US as largest oil importer
OPEC, whose members supply more than one in three barrels of crude consumed worldwide, said rising Chinese imports were backed by increased throughput at the country's refineries. The group quoted recent analysis saying China's oil imports could top 6 million bbl this year.
LyondellBasell licenses technologies to new China polyethylene, EVA plant
Key features of the Lupotech T tubular technology and the Lupotech A autoclave technology include low manufacturing and investment costs, fast start-up and grade changes, and high quality LDPE and copolymers with up to 40% EVA covering the entire range of melt flows and densities.
WR Grace buys Australian waterproofing company Chemind Construction
Chemind adds new waterproofing technology to Grace’s global construction products portfolio and establishes its first waterproofing R&D and manufacturing facility in Australia. The new site will make waterproofing materials for repair, maintenance and improvement markets and for new construction.
UOP technology picked at Brunei aromatics project
Aromatics products derived at the facility will help meet growing demand for plastics and synthetic fibers in the region, according to the company. The project, to be located in Pulau Muara Besar, Brunei Darussalam, is expected to be one of the largest aromatics complexes in the world.
ExxonMobil, BHP explain floating LNG export plans from offshore Australia
Exxon and partner BHP Billiton want to anchor a vessel extending 495 meters -- the equivalent of around five football pitches -- at sea to tap into the remote Scarborough natural gas field offshore Western Australia. They're seeking government approval and targeting first production as early as 2020.
- Malaysia plans to produce sustainable jet fuel in 2027 11/27
- ADNOC launches $80-B low-carbon energy and chemicals investment company 11/27
- Chevron sees California's fuel inventory law raising prices for customers 11/27
- Clariant’s MegaMax™ catalysts to power China’s first biomass-to-green methanol project 11/27
- easyJet, Renavia and WFS sign MoU for long-term supply of SAF 11/27
- Cyclyx to invest in second Cyclyx Circularity Center 11/27
