Asia/Pacific
Petronas picks Toyo for revamp project at Malaysia gas processing complex
Toyo is slated to provide engineering, procurement, construction and commissioning with a turnkey contract for expanding the plant's life by another 20 years. Toyo says it will actively expand business in Malaysia, where investments in large refinery/petrochemicals complexes are expected to be active.
PetroChina joins Encana in Canada gas, liquids play
Encana said said it reached a deal with Phoenix Duvernay Gas, a wholly owned subsidiary of PetroChina, to jointly develop Encana's Duvernay natural-gas-and-liquids play in west-central Alberta. The latest deal is one of four major Chinese energy investments in Canada this year.
Shell to collaborate in FLNG with Technip, Samsung
The agreement between the firms builds on the existing relationship, formed in 2009, to ensure the companies can capitalize on insights gleaned from the design and construction of Shell's Prelude FLNG facility in Australia and expand their technology offerings to the global energy market.
BHP Billiton to sell Browse LNG stake to PetroChina
The deal involves PetroChina buying BHP's 8.33% stake in the East Browse joint venture and its 20% interest in the West Browse joint venture in offshore Western Australia. Existing participants Woodside Petroleum and Shell hold the right to match PetroChina's offer, which also needs regulatory approval.
IEA sees global crude refining volumes on rise
In its monthly report on the oil sector, the IEA said that the projected daily average for refinery runs was up year-on-year by 950,000 bbl, to 75.3 million bbl. Growth is expected to continue into the first quarter of 2013, when refinery throughput is forecast to be 75.8 million bpd.
Pertamina, Mitsubishi agree to develop Indonesia petrochemical facility
Pertamina said earlier this week that domestic petrochemical production isn't keeping up with over $5 billion worth of annual demand, making related industries heavily dependent on imports.
China calls on West to reduce GHG emissions
Poorer countries argue the West should lead from the front in cutting greenhouse gases because it is largely responsible for the heating of the planet since industrial times. China, the world's top polluter, says it aims to cut its emissions by between 40% and 45% by 2020.
PPG licenses TiO2 production technology to China group Henan Billions
Henan Billions is currently a supplier of sulfate-grade TiO2 to PPG. In June 2012, both companies announced a memorandum of understanding regarding PPG’s licensing of certain chloride-based technologies to Henan Billions for use at Henan Billions’ titanium dioxide refinement facilities in China.
Reliance taps Jacobs to build West India MEG plant
Jacobs was awarded the engineering and procurement assistance services contract for the construction of a mono ethylene glycol (MEG) plant in Gujarat on India's west coast. The new MEG plant is part of Reliance's massive expansion project for its refining and petrochemical facilities.
Sulzer Pumps to supply PetroChina for Guangxi refinery upgrade project
The scope of Sulzer Pumps' supply includes 12 pumps for the residue hydrodesulfurization unit, 18 pumps for the diesel oil hydrotreating unit, and 10 pumps for the oil storage and transportation unit and utility unit. The Guangxi refinery project is scheduled for operation in October 2013.
- Steel cut for Yara Eyde: The world’s first ammonia-powered container ship 9/5
- Ukraine says it attacks Russian refinery at Ryazan, oil depot at Luhansk 9/5
- U.S. crude stockpiles rise as refineries begin maintenance 9/5
- Delta partners with Shell and the Port of Portland for commercial-scale SAF uplift at Portland International Airport 9/5
- Next-generation pyrolysis line drives global chemical recycling of waste plastics 9/5
- Moleaer partners with Xylem to globally scale nanobubble technology for water treatment 9/5
