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Asia/Pacific

Tankers load Qatari crude along with UAE oil as shipping ban eases

SINGAPORE (Reuters) — Exports of Qatari crude oil have not been hindered by a port ban imposed by other Gulf states as tankers are loading Qatari grades along with cargoes from the United Arab Emirate, shipping data in Thomson Reuters Eikon showed on Wednesday.

Wison Engineering awarded 40 MMtpy ethylene cracking contract from zhejiang

SHANGHAI — Wison Engineering announced that its non-wholly owned subsidiary, Wison Engineering (China) Limited, was awarded a contract by Zhejiang Petrochemical Co., Ltd to deliver nine ethylene cracking furnaces for a 40 MMtpy refining and chemical integrated complex (Phase I). The 9 ethylene cracking furnaces will be in modularized fabrication and scheduled to be delivered in modular by early 2018.

LPG subsidy burden climbs as Indonesia considers price hike

JAKARTA (Reuters) — The cost of Indonesia's subsidy on LPG is increasing, leading to the country paying at least half of the cost of the fuel, said an official from state-owned energy company Pertamina on Tuesday.

Blast at China petrochemical plant kills eight, injures nine

SHANGHAI (Reuters) — An explosion rocked a petrochemical plant in China's eastern province of Shandong on Monday, killing eight people and injuring nine, state media and local government officials said.

China "teapot" oil group urges compliance on quotas, tax

BEIJING (Reuters) — An alliance of more than 20 of China's independent oil refineries has urged its members to strictly adhere to government rules on oil quotas and taxes, according to a group statement seen by Reuters on Tuesday.

Platts restricts Qatari-loading crude in pricing process

SINGAPORE/LONDON (Reuters) — Oil pricing agency S&P Global Platts said it will not automatically include Qatari-loading crude in its Middle East benchmark after Saudi Arabia and some other Arab states cut ties with Doha, a move that disrupted traditional shipping routes.

Global Project Data

Hydrocarbon Processing Staff: Nichols, Lee

<i>Hydrocarbon Processing’s</i> Construction Boxscore Database is tracking more than 1,700 active downstream projects around the world.

Industry Metrics

Hydrocarbon Processing Staff: Rhodes, Mike

US gasoline demand increased with the shift to summer fuels and higher export opportunities to Latin America.

Industry Perspectives: The digitalization of the downstream industry

Hydrocarbon Processing Staff: Nichols, Lee

The digitalization of the hydrocarbon processing industry (HPI) is in full swing. Numerous companies have created, and are optimizing, digital technologies to improve plant operations, increase energy efficiency and lower costs.

Digital: Transitioning from the spreadsheet to the Cloud

GE Digital: Renick, J.

The Industrial Internet of Things is expected to create a $225-B market by 2020, opening new opportunities for industrial organizations related to data and asset management.