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Asia Pacific downstream news

 
 
 

Caspian Sunrise finalises merger

Caspian Sunrise has announced that it expects all conditions for the merger and the associated capitalisation of the Vertom loan, will be concluded by 1 June 2017.

 

KBR forms JV with BIV

KBR has announced its return to Malaysia with its joint venture with BIV Builders.

 
 

STS transfer agreements signed

Koch Supply & Trading, JOVO, MISC and Teekay Marine Solutions have announced the signing of a pioneering deal in LNG ship-to-ship transfer.

 

Northern Oil advanced biofuels pilot plant opening

Southern Oil has announced the official opening of the Northern Oil advanced biofuels pilot plant, the first facility to convert waste products into renewable fuels in Australia.

 

Russian-Chinese cooperation

Gazprom has announced that documents have been signed to advance Russian-Chinese cooperation in underground gas storage.

 

US-China deal may shake up LNG

Following the announcement of the 100-day action plan between the US and China, the deal has the potential to alter the global LNG trade.