(EnergyAsia, June 21, 2019, Friday) — Singapore will likely remain Asia’s main oil trading hub despite a growing challenge from countries in the region as they expand their domestic storage and refining investments, according to an industry analyst….
(EnergyAsia, June 18 2019, Tuesday) — It’s been over a year since the Philippines government announced its latest intention to establish a strategic petroleum reserves (SPR) to help the country cope with volatile prices and the possibility of future supply disruptions….
(EnergyAsia, June 16, 2019, Sunday) — Malaysia is stepping up its oil storage investment programme to compete against Singapore for the role of trading and logistics hub in Southeast Asia….
(EnergyAsia, June 10 2019, Monday) — Australia is in no hurry to build up its liquid fuels stockpile nor does it see the need to expand the country’s inadequate oil refining capacity despite nagging worries of a supply shock if imports are disrupted….
(EnergyAsia, June 7 2019, Friday) — Royal Dutch Shell has expanded its crude oil storage capacity in Singapore by more than 5% to 25.82 million barrels with the addition of two new tanks….
(EnergyAsia, June 3 2019, Monday) — India’s hopes of securing multi-billion-dollar investments in downstream oil refinery and storage projects from Saudi Arabia and Abu Dhabi remain stuck in slow-traffic negotiations….