Asia/Pacific
Angola becomes China's biggest oil supplier in September
Angola became China's largest crude supplier for the second time in September, taking the top position from Russia.
S. Korea's GS Caltex buys North Sea Forties crude for January arrival
The narrowing of Brent's premium to Dubai swaps this month has prompted Asian refiners like GS Caltex to turn their attention to arbitrage crude from Europe.
Oil tanker carrying naphtha explodes at southern China port
An oil tanker carrying 3,400 tons of naphtha exploded during discharge at a southern Chinese port.
Japan's JX shuts Kashima condensate splitter, reformer after fire
JX Nippon Oil & Energy Corp. shut its 63-Mbpd condensate splitter and the 21-Mbpd No. 3 reformer at its Kashima refinery in eastern Japan after a fire at the reformer.
KBR awarded pre-FEED study for Indonesian LNG regas project
KBR has been awarded a pre-front end engineering and design study for Australasia LNG’s proposed LNG Hub terminal in Probolinggo, East Java, Indonesia.
Rosneft's partner in Essar deal says may sell stake within 5 years
Russian private investment group United Capital Partners, which is teaming up with oil giant Rosneft to buy India's Essar Oil in a $12.9-B deal, said it may sell its stake within five years.
LG Chem to invest $260 MM at Daesan for ethylene by 2019
LG Chem will spend $257 MM to add ethylene production to its Daesan naphtha plant by 2019.
Petrobras approves sale of Okinawa refinery, terminal to Taiyo Oil
Petrobras’ Board of Directors approved the sale of 100% of the shares of the Nansei Seikyu refinery and terminal to Taiyo Oil Company.
Air Products and NICE sign MOU to develop hydrogen fuel projects in China
Air Products and the National Institute of Clean-and-Low-Carbon Energy have signed a memorandum of understanding to develop hydrogen fuel projects in China.
India's Essar agrees to sell oil arm to Rosneft-led group
India's debt-laden Essar Group confirmed on Saturday that it has agreed to sell a 98% interest in its Essar Oil unit to a consortium led by Russia's Rosneft.
- Chevron Technology Ventures' Catalyst program selects RapiCure 7/15
- GEA promotes more sustainable refinery processes with energy-efficient high-performance decanters 7/15
- Ariel Green pays claim for plastic recycling facility, demonstrating protection for clean energy projects 7/15
- China taps deeper into oil inventories despite biggest drop in refining on record 7/15
- China's Sinopec establishes four business units in major overhaul 7/15
- Japan refiners to diversify crude sources, explore support for Hormuz bypass routes 7/15
