Refining
Not everybody is a loser from the Iran war—just ask Brunei
Asia/Pacific
/ Crude oil
/ Gas Processing/LNG
/ Middle East
/ Natural Gas
/ Refining
/ South America
The focus from the Iran conflict has largely been on the increasing cost the world is having to pay through higher crude oil and natural gas prices resulting from the effective closure of the Strait of Hormuz.
Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilities
Despite depending on supplies through the Strait of Hormuz for up to 90% of its oil and liquefied natural gas imports, Pakistan has no strategic petroleum reserves.
Indian refiners' April crude processing drops 8.9% from a month earlier
India is the world's third-biggest oil importer and consumer.
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Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
