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Report: JGC-led consortium wins exclusive right to negotiate contract for $8B Vietnam refinery project

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has won the exclusive right to negotiate a contract to build Vietnam’s largest refinery in the northern province of Thanh Hoa. The estimated $8-billion project will results in a refinery with the capacity to process 200,000 barrels of crude per day to produce products such as gasoline, diesel oil, kerosene, jet fuel and polypropylene.

Vietnam 170
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Saudis Expand Price War Downstream

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The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. As if being the world’s biggest exporter of oil was not enough, the desert kingdom is now looking to conquer the refining sector as it has quickly become the fourth largest refiner in the world. By offering almost 2.8

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Japan Automakers Support B5, E10 as Baseline Biofuel Blends, Recommend Specifications to ASEAN Countries

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Experts from JAMA visited six countries (Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam) to share their recommended specifications of the two first-generation biofuels. For the use of ethanol-blended gasoline as conventional gasoline for vehicles, JAMA recommends a blending ratio of maximum 10% (E10).

Japan 225
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Celanese sees new TCX ethanol process as key component in future growth; a paradigm shift in ethanol production

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In the presentation to investors, Celanese executives said that TCX enables the company to produce ethanol at the equivalent of gasoline produced with $60 per barrel crude oil (around $1.50/gallon).

Future 210