SEOUL, Jan 5 (Reuters) - South Korea's S-Oil, the country's third-largest refiner, has signed a deal to sell a combined $1 billion of diesel, naphtha and jet fuel this year to Saudi Aramco, its biggest shareholder.
A subsidiary of PetroVietnam will use Honeywell’s new IIoT-based Connected Performance Services offering to improve the performance of its manufacturing operations in Quang Ngai City, Vietnam.
China’s Dongying Qirun Chemical Co. will license Honeywell UOP’s Unicracking technology for the production of diesel and naphtha at its refinery in China’s Shandong Province to meet growing domestic demand for transportation fuels.
An oil tanker carrying 3,400 tons of naphtha exploded during discharge at a southern Chinese port.
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.
LG Chem will spend $257 MM to add ethylene production to its Daesan naphtha plant by 2019.
Chevron Corp. could this month start selling condensate produced at the Australian Gorgon gas field.
Asian refining margins have tumbled to their lowest in nearly six weeks after touching a seven-month high in September, hit by a spike in crude prices following OPEC's decision to curb output.
Many diesel fuel additive companies in North America supply different additive products formulated for diesel-powered equipment.
Qatargas will start operations at its new Ras Laffan 2 condensate splitter by the end of October, doubling the Gulf state's capacity to process condensate.