Shell is planning to cut around 250,000 b/d of refining capacity in Singapore and shift its product slate away from oil-based fuels to lower carbon alternatives, as part of its company-wide move towards net-zero emissions by 2050. The company said today that it will reduce crude processing...
This section offers news briefs on the petroleum industry. State oil company PetroChina has no plans to build a refinery in Singapore or anywhere else outside of China. Chinese state Sinochem has agreed to a deal with Kuwait for the Middle Eastern country to supply crude to Sinochem's planned...
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The Ben Line company was founded in 1825 in Edinburgh, Scotland, by two Scottish brothers, and soon after they began trading between the Far East (primarily Japan and China) and Europe. The business grew, and it was after World War II that Ben Line increased liner activity in the region ...
Shell Singapore Pte Ltd, a subsidiary of Shell plc, has reached an agreement to sell its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint venture company between Chandra Asri Capital Pte. Ltd. and Glencore Asian Holdings Pte. Ltd. The t
Related news Related content Contact usSINGAPORE (ICIS)–Shell expects the deal to sell its energy and chemicals park in Singapore to Chandra Asri and Glencore will be completed by the first quarter of 2025, a company spokesperson said on Thursday. Shell assets...
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The project is aimed at increasing the competitiveness of ExxonMobil's Singapore refining-petrochemical complex, which is one of the company's largest integrated fuels, lubricant base stocks and chemicals production sites in the world, the company said in a statement. ...
US-headquartered oil/gas company ExxonMobil has started production of hydrogenated hydrocarbon resin and halobutyl rubber at its integrated manufacturing complex in Singapore, the company’s largest integrated refining and petrochemical complex in the world. ...
In May, private firm Cambodia Petrochemical Company broke ground for Cambodia's first oil refinery in southwestern Preah Sihanouk province. When the first phase of the project is completed in mid-2019, the 620-million-U.S.-dollar plant is expected to have an annual refining capacity of 2 mill...