(EnergyAsia, April 29 2019, Monday) — Saudi Arabia has taken a firmer grip on the oil markets in northern Asia with the purchase of a share in a second refining company in South Korea….
INDIA: Saudi oil investment within sight, but doubts linger
(EnergyAsia, April 22, 2019, Monday) — Perhaps the biggest litmus test of whether India is truly open for business is whether it will finally secure Saudi Arabia’s investment for its downstream oil sector….
INDIA: International oil companies eye fast-growing fuel market
(EnergyAsia, April 15, 2019, Monday) — Having overtaken China as the world’s fastest growing major economy since 2015, India has also become a huge fuel guzzler….
INDIA: Oil prices holding steady as Modi favoured to win second term as Prime Minister
(EnergyAsia, April 12, 2019, Friday) — The oil markets are once again trading in Narendra Modi’s favour as he bids to win a second term as India’s Prime Minister in the country’s current general election….
SOUTHEAST ASIA: Region’s oil products deficit projected to remain at 1.5 million b/d
(EnergyAsia, April 3, 2019, Wednesday) — Southeast Asia’s oil products deficit will remain substantial at around 1.5 million b/d despite an expected rapid increase in its refining capacity in the coming years….
SINGAPORE: ExxonMobil invests in “multi-billion-dollar expansion” of plant to produce high-value lube base stocks and distillates
(EnergyAsia, April 2, 2019, Tuesday) — US major ExxonMobil has announced a “multi-billion-dollar expansion” of its manufacturing complex in Singapore to produce 20,000 b/d of group 2 lube base stocks and 48,000 b/d of low-sulphur marine fuels….