Asia/Pacific
Saudi's SABIC gives go-ahead for $6.4-B China petrochemical plant
Saudi Basic Industries Corp will go ahead with building a petrochemical complex in southeastern China's Fujian province, shoring up Saudi ties with China, the world's top oil importer.
Riding the wave of transition to a sustainable chemical industry
The chemical industry has shown resilience in addressing economic turbulence and supply chain disruptions after the COVID 19 pandemic.
Global Project Data
Gulf Energy Information’s Global Energy Infrastructure (GEI) database is tracking nearly 1,100 active projects in the hydrocarbon processing industry (HPI).
West Africa Crude-India's purchases of Nigerian crude jump in December
Data showed that India's imports of Nigerian crude jumped from November to December 2023, as the South Asian country took advantage of Nigeria's large overhang of cargoes.
Naphtha markets brace for margin squeeze amid supply glut in 2024
Global naphtha markets will likely suffer from lower profit margins in 2024 as refining and petrochemical capacity expansions in China and the Middle East outpace plastics demand growth globally.
Singapore's middle distillates stocks at over a year low on robust gasoil net exports
Singapore's middle distillates stocks dipped for the third consecutive week to hit a more-than-one-year low, of under 7 million barrels, due to robust net exports of gasoil/diesel.
India’s corn prices rise, exports fall after the government raised procurement price for ethanol
India's corn exports have almost ground to a halt since December due to a rally in local prices on strong demand from the poultry and ethanol industry, making shipments from the country more expensive than those from rivals.
Chevron Lummus Global awarded new licensing contract for HPCL's integrated hydrocracker and catalytic dewaxing unit
Chevron Lummus Global LLC announced the award of a new licensing contract by Hindustan Petroleum Corporation Limited for the development of a grassroots integrated hydrocracker and catalytic dewaxing unit and a full catalyst reload of their existing lube oil upgrading program at the Mumbai Refinery in India.
Singapore's marine biofuel demand could double by 2025
Marine biofuel demand at the world's largest bunker hub Singapore could potentially double by 2025 to almost 1 MMt from 2023 levels as shippers seek to cut emissions.
Thailand orders traders to suspend diesel exports
Thailand has ordered traders to suspend diesel exports while Thai Oil Plc repairs its No. 3 crude distillation unit in Chonburi province.
- US appeals court upholds biofuel blending mandates for 2020-2022 5/14
- SunGas Renewables, C2X partner to expand green methanol production capacity in North America 5/14
- HIF Global secures nearly $165-MM in investments to develop eFuels 5/14
- Ethylene downcycle puts nearly 25% of capacity at risk of closure 5/14
- GCC industry leaders solidify commitment toward plastic circularity 5/14
- ADNOC delivers first bulk shipment of CCS-enabled, low-carbon ammonia to Japan 5/14
