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Asia

Mixed oil-sector investment picture in Asia

China and Malaysia among countries whose companies are adjusting approach
When making investment decisions, Asian oil and gas companies must weigh the region’s continuing industrial growth against North America’s potential to supply inexpensive petroleum products based on abundantly exploited shale gas reserves.
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PetroChina, Asia Trans Gas expand their use of sophisticated software

Proven value leads to expanded use of process-modeling, collaboration-supporting and knowledge-based solutions
China is the world’s largest consumer of energy, second largest of crude oil, according to the U.S. Energy Information Administration. Analysts say China will be the world’s largest crude oil importer within a year.
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US wholesale sector consolidation hits Indian drug makers

The U.S. pharmaceutical sector is going through a period of consolidation and this has already has a noticeable effect on Indian drug makers.
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Sinopec drops plans for new petrochemical projects

China's largest refiner, Sinopec Corp., has shelved plans to invest in new petrochemical projects, citing growing competition from the U.S. petrochemical sector as the main deciding factor.
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Almost 60% of China's water is contaminated, government report finds

More than half of China's water reserves are moderately or heavily contaminated, a government report has revealed.
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Oil leak contaminates Chinese city's water supply

The city of Lanzhou is in the midst of a serious drinking water crisis as a crude oil pipe leak has contaminated water supplies with a highly toxic chemical.
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Explosion kills at least five at Chinese chemical plant

An explosion at a chemical factory located in east China's Jiangsu province has killed at least five people and left 10 more injured.
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Japan launches first fracking operations

Commercial production of shale oil in the northern prefecture of Akita will start at a much smaller scale than in the United States.
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New FDA import ban hits Indian drug-making industry

The FDA's campaign against substandard pharmaceutical products manufactured in India is continuing with a new import ban, this time imposed on drugs produced at a Bangalore facility owned and operated by Canadian company Apotex Inc.
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Slow growth predicted for Asia Pacific wastewater treatment industry

The Asia Pacific wastewater treatment and management industry is expected to register sluggish growth over the years through 2018.
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