China’s oil demand to make significant rebound in 2019, says ESAI Energy
ESAI Energy predicts non-marketed naphtha and LPG demand to account for a 400 000 bpd rise in demand.
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ESAI Energy predicts non-marketed naphtha and LPG demand to account for a 400 000 bpd rise in demand.
Transition follows sale of select refinery assets to Par Pacific.
Both parties have agreed to evaluate the formation of a joint venture with the aim of establishing a manufacturing facility for alkoxylates.
This expansion aims at meeting the market demand for renewable products.
Petronas LNG will purchase 1.1 million tpy of LNG from Sabine Pass Liquefaction.
The initiatives tested include drone inspection, jetty inspection using an underwater ROV, digital vessel clearance tool and robots for in-service tank inspection.
Total has signed an agreement to divest a 4% interest in the Ichthys LNG project in Australia to operating partner INPEX for an overall consideration of US$1.6 billion.
The EOI should contain an indicative price offer and a proposal for how the tank could be used.
The opening ceremony for each facility was held at the Qingdao Port International Crude Oil Trade Development Conference 2019.
The investment of approximately €1.4 billion will increase the company’s overall Singapore capacity by up to 1.3 million tpy.
SABIC will raise its stake in Ar-Razi to 75%, purchasing 50% of JSMC’s share.
PT Pertamina (Persero) and Overseas Oil & Gas (OOG) are committed to running the grass root refinery (GRR) project or the construction of a new refinery in Bontang.