- Indian gasoil demand continues to decline
June 30, 2014
Indian gasoil demand continues to decline, falling by 3.5% in April from a year ago, with negative y-on-y growth for 11 of the past 12 months.
The government's policy to remove subsidies through small monthly price hikes has dampened demand, not ...
- Asia's trio of condensate splitter projects
June 30, 2014
Asia's trio of condensate splitter projects is expected to begin commerical operations in July.
The two in South Korea, one in Singapore, will have a combined total of 4.1 mmpta of aromatics capacity, mainly Paraxlyene (PX). These will not impact...
- The outlook for marine bunkers and its changing quality
June 20, 2014
The bunker industry is undergoing the most extensive change since the conversion from coal to liquid fuels as a result of the reduction in harmful emissions. This is being driven by the growing awareness of the damage to the environment being cau...
- European Products Demand
May 30, 2014
European products demand in Q1 are running close to a year ago after adjusting for the impact of the very mild weather. Although preliminary data for products demand in main European countries so far this year are still showing y-on-y declines for...
- Vietnam's Dung Quart Refinery Scheduled Turnaround
May 30, 2014
Vietnam's Dung Quat refinery (140 kb/d) began an extended scheduled turnaround earlier this month.
The turnaround is expected to last 45 days and will see the refinery shut until early July. Dung Quat is Vietnam’s sole refinery and is owned and o...