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Asia

Sinopec takes aim at US petrochemical competition

March 25, 2013
Chinese oil and gas company Sinopec says it is striving to lower its petrochemical production costs and optimize its product mix in order to stave off competition from the U.S.
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US shale gas exports to India should be allowed, experts claim

March 18, 2013
The United States should allow shale gas exports to India as this might prove a win-win situation for both countries, energy experts claim.
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China takes first steps into shale gas development

February 28, 2013
The vast natural resources of China are one reason why the country has become one of the fastest growing economies in the world. After focusing on utilizing coal deposits for decades, the country is now looking at ways to exploit its shale gas.
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Chemical plant explosion in China forces 20,000 to evacuate

February 26, 2013
An explosion and fire Monday morning at a chemical plant in southwestern China injured at least five workers and forced the evacuation of more than 20,000 people in the area.
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Malaysia surpasses Indonesia as top producer of hydrocarbon in Southeast Asia

February 25, 2013
Malaysia managed to surpass Indonesia as the top producer of upstream hydrocarbon products in Southeast Asia in 2012, amid the difficulties that Indonesia experienced in attracting new investors.
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Asia offers big business opportunities to pharma companies

February 12, 2013
Asia is emerging as a strategically important location for global pharmaceutical companies that are looking to take advantage of the opportunities available in terms of R&D, manufacturing and market.
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China imposes duties on US, EU imports of glycol, diethylene glycol

February 6, 2013
China's Commerce Ministry is sticking to its trade restriction policy and this was recently proved again with the introduction of another protectionist tariff for imports of two types of chemicals.
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Gulf companies invest in southeast Asia petrochemicals

February 1, 2013
Wealthy investors from the Arabian Gulf are eyeing markets in southeast Asia and investing huge sums of money in petrochemical production in the region.
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SCADA market for oil & gas propelled by Asia’s sprinting economy

January 29, 2013
Following the global recession of 2008-2009, the Asia market for supervisory control and data acquisition (SCADA) has rebounded strongly, growing at a near double-digit rate. Asia’s fast-growing economy is further boosting the market for SCADA oil and gas systems.
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Coal exports to China could cut carbon emissions, economists say

January 28, 2013
Two Stanford University economists claim that exporting coal to China will not be detrimental to the environment and actually will lead to a decline in the amount of carbon in the atmosphere.
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