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Asia

India’s Oil Industry Safety Directorate, AIChE sign memorandum

The Center for Chemical Process Safety of the American Institute of Chemical Engineers has signed a memorandum of understanding with the Government of India’s Oil Industry Safety Directorate.
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Japan, India invest in US liquefied natural gas

Richmond, Va.-based Dominion Energy has signed two 20-year terminal service agreements with Japanese and Indian companies to export liquefied natural gas (LNG) from its proposed Dominion Cove Point liquefaction project in Maryland.
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China's Sinopec looks to boost petrochemical production

Global petrochemical producers are facing fierce competition from U.S. companies that have been taking advantage of the huge amounts of natural gas available from their own oil and gas fields and used as feedstock for petrochemical production.
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Russia signs 'breakthrough' energy deal with China

Russia and China have finally agreed to sign a memorandum on natural gas supplies after many years of negotiating the terms of the deal, as both parties have overcome their disagreements over pricing and potential routes.
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Sinopec takes aim at US petrochemical competition

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

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

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

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

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

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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