Asia/Pacific
HP Engineering Case Histories: Case 71: Statistical visual data can be useful in troubleshooting—Part 2
In “Case 71: Statistical visual data can be useful in troubleshooting—Part 1,” the editorial focused on how taking data and analyzing it could determine the cause for high reject rates...
HP Brief: Brief
Galveston Bay refineryMarathon Petroleum has closed its transaction with BP to purchase several assets, including the 451,000-bpd refinery located in Texas City, Texas. The refinery will be renamed an..
HP Industry Perspectives: EU leans forward on clean-fuel strategies
In late January 2013, the European Commission (EC) announced ambitious measures to ensure the buildup and standardization of alternative fueling stations across Europe. Much of the earlier EC policy i..
Toyo wins deal to build Indonesia ammonia plant
The plant is scheduled to be completed in the third quarter of 2015. The project plans to produce ammonia as a feedstock for downstream chemicals such as fertilizer, acrylonitrile, caprolactam and ammonium nitrate using natural gas produced from the Senoro and Toili gas fields in Central Sulawesi.
Oxea starts construction on China derivatives plant
The Nanjing plant will produce specialty esters, phthalate-free plasticizers and other oxo derivatives for the local market. Oxea expects the new plant to be mechanically complete at the end of 2013.
ConocoPhillips looks to reduce stakes in Australian LNG, Canadian oil sands
ConocoPhillips already announced plans to shed billions of dollars in assets to focus on core areas of its portfolio, particularly in unconventional formations in the US. The company plans to "rebalance" its portfolio over time and "lighten up" on these high costs projects in order to keep costs of supply low.
Japan's Tepco to import US liquefied petroleum gas from Enterprise Products
Enterprise processed a company record of 707,000 bbl, or 60,800 tons, a day of NGLs in the fourth quarter. Enterprise is putting the finishing touches on nearly doubling its propane-export capacity to 7.5 million bbl/month, which it says will bring its LPG export sales to more than Saudi Arabia.
IEA eyes Singapore as Asia natural gas trading hub
Governments in the region need to work to allow markets to decide natural gas prices with minimal interference and through price deregulation, while also meeting institutional requirements to attract new market participants, Maria van der Hoeven, IEA executive director, told a Tokyo conference.
Sinopec, SK to build new formaldehyde, butanediol plants in Southwest China
The BDO plant will have a capacity of 200,000 tpy, according to the report. The project will also include plants for acetylene and formaldehyde. Located in the Changshou Economic-Technological Development Area, the project is expected to be completed by the end of 2015.
Chevron invests in Australian shale gas assets
The deal for up to 60% of Beach's interests in two blocks in central Australia's Cooper Basin cements Chevron's status as one of the biggest investors in natural gas down under. It is already leading development of the Gorgon and Wheatstone LNG projects in Western Australia state.
- IHI, Vopak to launch ammonia terminal project in Japan 7/11
- India's BPCL plans to shut Bina refinery unit for 15-day maintenance in August 7/11
- Soaring electric truck sales deal new blow to diesel use in China 7/11
- Russia`s Tatneft launches new hydrocracking unit on TANECO refinery 7/11
- IEA: Global oil market may be tighter than it looks 7/11
- India must boost its petchem output to counter China's dominance, Reliance says 7/11
