Indonesia's state-owned oil and gas company Pertamina has signed a heads of agreement for a $5.5 billion upgrade of the Cilacap refinery with Saudi Aramco, president director Dwi Soetjipto said in a statement Thursday. The project is ...
Tags: crude distillation, refinery, sour crude
Weak demand saw China's imports of toluene plunged to a near six-year low in August, with market sources expecting the bearish sentiment to prolong for the foreseeable future. China's toluene imports in August fell 73% from the previous ...
Asian paraxylene buyers placed their counterbids for June at $1,150-1,170/mt CFR, more than $100/mt lower than nominations for the Asian contract price, sources close to the negotiations said Thursday. There are four PX ACP sellers in ...
Tags: paraxylene, oil
Japan Petroleum Exploration plans to start drilling Japan's first horizontal shale exploration well at its onshore Fukumezawa oil field in Akita prefecture in the northwest for about one month from May 22, a company official said Tuesday. ...
Japan's largest refiner, JX Nippon Oil & Energy, concluded its May Asia Contract Price for benzene at $1,268/mt CFR late Wednesday, up $3/mt from its April settlement, a company source said. Thursday was a public holiday in Singapore. ...
Tags: Benzene, refiner, April settlement
Counter bids for May Asian Contract Price for paraxylene were in a range of $1,040-1,100/mt CFR, sources close to the negotiations said Tuesday. There are four PX ACP sellers in Asia -- ExxonMobil, Japan's Idemitsu Kosan and JX Nippon Oil ...
Tags: Paraxylene, PX ACP
Counter bids for the April Asian Contract Price for paraxylene are seen to come in at around $1,050-1,100/mt CFR, sources close to the negotiations said Thursday. The four PX ACP sellers in Asia -- ExxonMobil, Japan's Idemitsu Kosan and ...
Tags: Paraxylene, PTA market, PTA producers
Negotiations for the January Asian Contract Price for paraxylene remained slow Friday, the final negotiation day, with neither buyers nor sellers revising their prices to narrow a wide gap, sources close to the talks said. There are four ...
Tags: Paraxylene, Chemicals
JX Nippon Oil & Gas Exploration Corporation (President: Shigeo Hirai, "JX Nippon") is pleased to announce that through Greenland Petroleum Exploration Co., Ltd. ("GreenPeX"), it was successful in the 2012/2013 Licensing Round in Greenland ...
Tags: JX Nippon, GreenPeX, Block 9, Block 14, Chevron, Shell
Senegal hopes to find shale gas in its onshore Paleozoic Basin in the next two years having awarded exploration licenses to international companies, the head of state-owned Petrosen said Thursday. The west African nation, already a small ...
Tags: Shale Gas, Metallurgy
JX Nippon Oil & Gas Exploration Corporation (President: Mr. Shigeo Hirai) is pleased to announce that its subsidiary, JX Nippon Oil & Gas Exploration (Offshore Malaysia) Sdn. Bhd. (President: Mr. Hironori Wasada) has agreed to enter into a ...
Fuji Oil may consider entering into alliances with other companies in the Japanese refining and petrochemical sector, where it can benefit, a senior company official with the Japanese refiner said. "We are not able to speak about anything ...
Tags: oil, Metallurgy, Mineral, Energy
Cadmium telluride (CdTe) thin-film photovoltaic modules First Solar Inc of Tempe, AZ, USA and JX Nippon Oil & Energy Corp (Japan's leading distributor of oil and other energy solutions) have signed an agreement for the distribution of First ...
Tags: JX Nippon, PV Modules
JX Nippon Oil & Gas Exploration Corporation ("JX NOEX", President: Mr. Shigeo Hirai) is pleased to announce that 5-year extension of Block 15-2 Production Sharing Contract ("PSC") has been granted by the Vietnamese government for our ...
The price spread between Asian paraxylene and isomer-grade mixed xylenes narrowed $19/mt Monday from Friday's level, to $173/mt, a one year-low, as MX was strengthening amid a bearish PX market, Platts data showed. Isomer-MX on an FOB ...
Tags: Metallurgy, Mineral