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
China's state-owned oil giants Sinopec and PetroChina reported a modest 1.73 million mt or 0.7% increase in their domestic oil products sales in the first nine months of 2015, but exports rose by 2.59 million mt or 12% in the same period, ...
Central China Chemical Industry Development and Technical Cooperation Forum, hosted by China Investment Promotion Agency and Secretary of the 9th Expo Central China Committee, undertaken by Chemical Industry Investment Promotion Committee ...
BASF and China Petroleum & Chemical Corporation (SINOPEC) inaugurated their world-scale isononanol (INA) plant in Maoming Hi-tech Industrial Development Zone, Maoming, China. The plant will be run by BASF MPCC Company Limited (BMC), which ...
Tags: BASF, SINOPEC, phthalate plasticizers
LPG prices in south and east China's wholesale markets slid this week, despite stronger crude oil futures at the end of the week, due to a rise in domestic inventories, trade sources said Friday. Many refineries and LPG import terminals ...
Tags: LPG prices, crude oil
China's refinery throughput rose 4.3% year on year to 43.54 million mt or an average 10.30 million b/d in July, preliminary data from the National Bureau of Statistics showed Wednesday. The July rate was down slightly from 10.59 million ...
Tags: Refinery, oil demand
BASF and PETRONAS Chemicals Group Berhad (PCG) will build a new world-scale production plant for highly reactive polyisobutene (HR-PIB) at the site of their existing joint venture, BASF PETRONAS Chemicals Sdn Bhd, in Kuantan, Malaysia. ...
Tags: chemicals, coating, BASF, PETRONAS Chemicals Group, paint and pigment
Shanghai's International Energy Exchange or INE intends to allocate 34 million barrels of storage space along China's eastern coast to serve participants of the country's proposed crude oil futures contract, officials said at the Shanghai ...
China's state-owned oil giants Sinopec and China National Petroleum Corp. this month started up dedicated shale gas pipelines that will facilitate deliveries from the only commercial shale gas projects in the country to date as the ...
China's state-owned oil giants Sinopec and PetroChina successfully connected the Sichuan-East China gas pipeline with the second West-East gas pipeline over weekend, Sinopec said Monday, April 27. The connection is in Hubei province's ...
Tags: Crude Oil, Gas Pipeline
Underground natural gas storage capacity should be expanded to increase the nation's strategic energy reserves and ensure supply, said a senior official from China Petrochemical Corp (Sinopec), the country's biggest refiner. Sun Jian, ...
Tags: Underground Gas, Energy Security'
China's largest oil refiner is seeking to cut its crude-purchase costs as the world's biggest energy consumer looks to benefit from the collapse in benchmark prices. China Petroleum & Chemical Corp, known as Sinopec, has set its trading ...
Tags: Sinopec, oil refiner, Crude Oil
China this week issued the first round of oil product export quotas for 2015, with volumes totaling 9.75 million mt, industry sources said Wednesday, January 14. This is significantly more than the roughly 8 million mt of quotas that were ...
Tags: Oil Export, Crude Oil
The prices of both imported and domestically produced LPG rebounded in East and South China this week, after falling 21-34% over the previous five weeks, supported by increasing demand and improving sentiment, trade sources said Friday, ...
Prices of both imported and domestically-produced LPG fell another 9-12% in China this week after sliding 10-13% last week amid lower Asian LPG values and weaker demand from the petrochemical sector, trade sources said Friday, December 12. ...