Asia Pacific downstream news
BP ships first cargo from Tangguh LNG facility
The first cargo of LNG produced by the new third liquefaction train at the Tangguh LNG facility has been safely loaded and sailed to be delivered to Indonesia’s state-owned power generator, PT PLN (Persero).
New Islamic finance offering for Pengerang Energy Complex
ChemOne Group has established an Islamic tranche in the overall scheme of an Export Credit Agency (ECA) backed project financing for the Pengerang Energy Complex (PEC).
EIA: refiners in China increase crude oil processing and imports in 1H23
The EIA has reported that refiners in China processed and imported record volumes of crude oil in 1H23, sourcing much of the additional crude oil runs from Russia, Iran, Brazil, and the US.
Upgrade and improvement works at PT Pertamina's Balikpapan refinery
These works are part of the Refinery Development Master Plans (RDMP) launched by PT Pertamina to revitalise the Cilacap, Balongan, Dumai, and Balikpapan refineries to improve their production capacity and competitiveness.
Australia steps up decarbonisation policies
According to GlobalData, Australia plans to accelerate its adoption of EVs, support renewable refineries for the growth of biofuels, increase its CCS projects, and develop low-carbon hydrogen markets across all industries.
Processing of Pluto gas starts at North West Shelf
The processing of gas from the offshore Pluto fields has commenced ahead of schedule at the North West Shelf Project’s Karratha Gas Plant.
Woodside and Viva Energy sign MoU
The companies have signed an agreement to discuss capacity rights for Viva Energy’s proposed LNG regasification terminal in Victoria, Australia.
Sinopec puts largest gas storage cluster in North China into operation
The Wei 11 gas storage facility built by China Petroleum & Chemical Corp. in its Zhongyuan Oilfield region has successfully completed its first gas injection.
Sinopec certifies first shipment of carbon neutral petroleum
Sinopec has received the first carbon-neutral petroleum certificate issued by Shanghai Environment and Energy Exchange (SEEE).
Woodside supports hydrogen bus adoption in South Korea
Woodside has joined five parties to establish the HyStation company, which aims to construct and operate hydrogen refuelling stations to service public transport bus fleets in South Korea.