Asia/Pacific
Air Products to supply LNG heat exchanger for Shell Australia FLNG project
Air Products has been selected to supply its proprietary cryogenic coil-wound LNG heat exchanger for the Shell’s floating LNG (FLNG) facility, to be located in the Browse Basin off the northwest coast of Western Australia.
Toyo wins design deal for new India urea plant
Toyo Engineering has finalized a licensing and development contract for the basic design of a urea production plant in the fertilizer complex to be constructed at Kanpur in the state of Uttar Pradesh.
AkzoNobel to buy German coatings firm Schramm
AkzoNobel has struck a deal to acquire coatings manufacturer Schramm and the coatings activities operated by Schramm's largest shareholder, Korean company SSCP.
Honeywell to supply automation solutions for Korea LNG terminal expansions
Honeywell has been selected by government-owned Korea Gas Corp. (KOGAS) to provide comprehensive automation solutions for its liquefied natural gas (LNG) terminals.
Specialty chem firm Momentive plans regional hub, R&D center for India
Momentive Performance Materials and Momentive Specialty Chemicals will open a new regional business headquarters and state of the art Global Research and Development Centre in Bangalore, India, the company said on Wednesday.
Fluor signs EPC contract for Woodside gas assets in Australia
Fluor has finalized an agreement with Woodside Energy to provide engineering, procurement and construction management (EPCM) services for Woodside's operating gas assets in Australia.
IEA seeks increased cooperation with China
After a decade of high growth led to China becoming the world’s biggest energy consumer, International Energy Agency executive director Nobuo Tanaka says that closer alignment with the IEA would be of mutual benefit.
Mississippi ranked as world's top spot for oil and gas investment
Mississippi is ranked as the top place in the world for oil and gas investment, according to the opinions of international petroleum executives and managers in the annual Global Petroleum Survey, released today by the Fraser Institute.
Release of strategic oil reserves: New form of economic stimulus
On June 23 International Energy Agency (IEA) members announced the release of 60 million barrels of strategic oil reserves over a month—the equivalent of 2 million barrels per day (bpd) for 30 days. Half of this amount—30 million barrels—will come from the US Strategic Petroleum Reserve (SPR), which currently holds 726.5 million barrels of crude. The release of 60 million barrels over 30 days will temporarily increase world oil supply by about 2.3 percent.
IEA nations to tap oil reserves as supply disruptions continue in Libya
International Energy Agency (IEA) executive director Nobuo Tanaka announced Thursday that the 28 IEA member countries have agreed to release 60 million bbl of oil in the coming month in response to the ongoing disruption of oil supplies from Libya.
- U.S. tariffs on Brazil are a bitter pill for sugar and ethanol makers 7/17
- India launches first hydrogen-powered passenger train 7/17
- U.S. refiner margins hit new records as fuel shortage concerns grow 7/17
- Indonesia president aims to increase sugarcane, bioethanol production 7/17
- Morgan Fuels & Lubes achieves approval under the renewable fuels assurance scheme 7/16
- JERA and Samsung C&T to strengthen supply security of hydrogen and ammonia value chains 7/16
