Browse News from Other Regions:
Sources: China's Teapot Oil Refineries Set To Export Fuel For First Time
(Tuesday, November 24, 2015) Beijing will allow independent refineries to export refined fuel next year for the first time, sources said.
Trina Solar Settlement With Solyndra Prompts Shift to Loss
(Monday, November 23, 2015) Trina Solar Ltd., the world’s biggest supplier of solar panels, reported its first loss since 2013 after settling a legal dispute with another solar manufacturer that went out of business four years ago.
Mideast Refineries Vie for a Place in Asian Market
(Monday, November 23, 2015) Refineries in the Mideast are ramping up base-oil production capacities to cater to growing Asian lubricant demand, but competition will be tough.
Far East Gas Delays LPG Terminal in Manzhouli Till June 2016
(Friday, November 20, 2015) Joint venture Manzhouli Far East Gas has postponed the launch of a liquefied petroleum gas (LPG) and propylene terminal at the Russian-Chinese border until June 2016, a partner in the venture said.
Fledgling U.S. LNG Exports Face Threat of China Becoming Seller
(Thursday, November 19, 2015) U.S. liquefied natural gas producers face an unlikely challenge as they prepare to enter global markets: China has more than it needs.
In Shell-BG Review, China Wants Concessions on Huge Gas Deals
(Thursday, November 19, 2015) Chinese regulators vetting Royal Dutch Shell's proposed merger with BG Group are pressing the Anglo-Dutch company to sweeten long-term gas supply contracts in a move that could cast new doubt over the near-term benefits of the $70 billion tie-up.
China Swims in an Ocean of Diesel, with No Apparent End in Sight
(Wednesday, November 18, 2015) China is awash in diesel and is exporting its excess production.
Japan's JX, TonenGeneral in Merger Talks Amid Refinery Consolidation Push
(Monday, November 16, 2015) Japan's largest oil refiner JX holdings Inc is in talks to merge with rival TonenGeneral Sekiyu, two people with knowledge of the matter said on Monday.
Indonesia Expects Study on Abadi LNG Project to Complete by Year-End
(Monday, November 16, 2015) Indonesia expects Poten and Partners to complete a study on the development plan for the Abadi gas project in Masela Block in Arafura Sea by year-end, a senior official of the Ministry of Energy and Mineral Resources says.
Japanese Refiners Agree to Merge as Fuel Consumption Shrinks
(Thursday, November 12, 2015) Idemitsu Kosan Co. signed a non-binding agreement to merge with Showa Shell Sekiyu K.K., almost four months after buying a third of its rival Japanese refining company.
Beijing to Start Tiered Gas Pricing for Residents from Jan. 1
(Thursday, November 12, 2015) China's capital Beijing will start tiered gas pricing for residential users starting from Jan. 1, the city government said on Thursday, as part of a gas pricing reform scheme that will give cheaper prices to those who use less gas.
Engie to Set Up LNG Joint Venture in China
(Monday, November 09, 2015) The venture aims to build one of the largest LNG industrial bases in the North-West region of China and to develop LNG downstream activities.
Japan's Cosmo Ships US, Mex. Oil on Same Supertanker to Save Costs-Sources
(Friday, November 06, 2015) Japanese refiner Cosmo Oil has for the first time shipped U.S. condensate and Mexican crude on the same supertanker to reduce costs, industry sources said on Friday.
China's CNOOC Tenders to Sell Third Australian LNG Cargo - Sources
(Friday, November 06, 2015) China National Offshore Oil Corporation has tendered to sell a liquefied natural gas (LNG) cargo of Australian origin, trade sources said.
Russia's Rosneft Offers Japan Chance to Join E. Siberia, Far East Projects
(Friday, November 06, 2015) An official said there is a potential for a joint development offshore Sakhalin island, participation in the Far-East Petrochemical Co refining and petrochemical project and a possible pipeline to supply natural gas to Japan from Sakhalin.
Asia Expected to See Robust Oil Refining Margins Next Year
(Wednesday, November 04, 2015) Asian oil refining margins will be robust in 2016, but are unlikely to return to the heights they climbed earlier this year as crude prices have started to pick up, industry executives and analysts said.
Natural Gas Losing Its Shine as Asia Holds Faith in Coal Power
(Tuesday, November 03, 2015) The shine is coming off once bright prospects for natural gas as the future fossil fuel of choice in Asia as power companies in India and Southeast Asia tap abundant and cheap domestic coal resources to generate electricity.
TonenGeneral Imports Japan's Second Cargo of U.S. Condensate -Source
(Friday, October 30, 2015) Japan's second-biggest oil refiner by capacity, TonenGeneral Sekiyu, imported the country's second cargo of U.S. condensate derived from booming shale production, an industry source familiar with the matter said on Friday.
Sinopec Profit Drops as Crude Slump Beats Out Refining Gains
(Thursday, October 29, 2015) China Petroleum & Chemical Corp. reported a 92 percent tumble in third-quarter profit as lower oil prices and production dwarfed better refining revenue.
Indonesia to Decide on Abadi LNG Project Development Option Early Next Year
(Wednesday, October 28, 2015) Indonesia will decide early next year on the development option for the Abadi gas project in the Masela Block in the Arafura Sea, eastern Indonesia after evaluating results of an independent study.