Asia/Pacific
Iran leapfrogs Iraq as India's No. 2 oil supplier in February
NEW DELHI (Reuters) -- India's oil imports from Iran rose nearly 17% in February from a month earlier as refiners received less crude from key OPEC producers Saudi Arabia and Iraq after an OPEC deal to cut output, shipping data showed on Monday.
Korea's Hyundai Engineering $3.2-B Iran petchem deal awaiting funding
DUBAI (Reuters) -- An Iranian investment fund signed a deal with Korea's Hyundai Engineering Co. on Sunday for a $3.2 billion petrochemical project, which is awaiting financing by Korean banks, the oil ministry's website SHANA said.
China's CEFC courts ‘teapots’ for first domestic refinery acquisition
BEIJING (Reuters) -- Privately-run conglomerate CEFC China Energy has approached several independent Chinese oil processors seeking to acquire its first domestic refinery operation, its next move towards becoming a global integrated oil player.
Ex-BP exec charged in Singapore for receiving $3.95 MM in bribes
SINGAPORE (Reuters) -- A former executive at oil company BP in Singapore was charged on Thursday with obtaining $3.95 million in bribes in what the city-state's anti-corruption agency called one of the largest corruption cases in the country.
China's February crude oil imports hit second highest on record
BEIJING (Reuters) -- China's crude oil imports rose to the second-highest level on record in February, as strong demand from independent "teapot" refiners continues to drive growth.
Saudi Aramco to supply full crude contract volumes to Asia
TOKYO (Reuters) -- Saudi Aramco will supply full contract volumes of crude oil to multiple Asian buyers in April, three industry sources with knowledge of the matter said.
Sinopec to boost fine chemicals investment at Maoming refining hub
BEIJING (Reuters) -- Sinopec Corp plans to boost investment in fine chemicals at its Maoming-Zhanjiang refining base in southern China alongside partners like Germany's BASF, a senior executive said in an interview on Thursday.
CERAWeek '17: India poised to become an emerging energy powerhouse
HOUSTON—At a late-morning panel on Wednesday at CERAWeek by IHS Markit, government officials and strategists discussed India's evolving role in the global gas market. The panel was moderated by Gauri Jauhar, Director of Consulting and Research (Chair) at IHS Markit.
CERAWeek ’17: Global gas growth spurred by emerging markets, increased trade
HOUSTON—At CERAWeek by IHS Markit’s Global Gas Plenary on Wednesday morning, panelists shared their views on how they expect gas markets to develop over the next few years.
CERAWeek '17: Gas execs, analysts discuss Asian LNG market reforms
HOUSTON—At a Wednesday morning breakfast panel discussion at CERAWeek by IHS Markit, executives from Asian and US LNG companies, as well as analysts and government strategists, spoke about the state of the Asian LNG market and how reforms should be implemented.
- Sherwin-Williams unveils new advanced energy barrier that eliminates threat of corrosion under insulation 6/26
- SIBUR develops new polyethylene grade for beverage packaging 6/26
- IGS launches Rovex, a next-generation robotic cleaning technology for fired heater efficiency 6/26
- A comprehensive technical evaluation of polypropylene technology platforms 6/26
- Sasol and Topsoe to refocus SAF partnership as Zaffra JV prepares for wind-down 6/26
- Indonesia sets 3-month transition period for B50 biodiesel program 6/26
