innovation
SK Innovation and SK E&S Announce Merger, Forming Asia-Pacific’s Largest Private Energy Company With Assets of KRW 100 Trillion
■ To achieve EBITDA of KRW 20 trillion by 2030 through three major synergies: portfolio, financial/profit Structure, and growth momentum ① Portfolio competitiveness: to establish ...
Read More Leong Wei Hung to succeed Tan Soo Koong as Chief Executive Officer of Singapore LNG Corporation
With effect from 7 April 2024, Mr Leong Wei Hung will succeed Mr Tan Soo Koong as the Chief Executive Officer of Singapore LNG Corporation ...
Read More Aramco expands global venture capital programme with $4bn funds injection
Aramco has allocated an additional $4 billion to its global venture capital arm, Aramco Ventures. It will more than double the capital allotted to Aramco ...
Read More Data for All: Bridging the IT-OT Divide for the Future of Digitalization
In today's complex and ever-changing technological landscape, integration between Information Technology (IT) and Operational Technology (OT) is not just a buzzword; it's a necessity. AspenTech ...
Read More Asian Downstream Summit sees increased focus on downstream sector’s decarbonisation drive
The annual Asian Downstream Summit and co-located Asian Refining Technology Conference were held last week at the Sands Expo & Convention Centre in Singapore, as ...
Read More The workforce’s changing tides
Asian Downstream Insights speaks with Charles Becht V, President of Becht, to find out more about current regulatory uncertainties, as well as shifting perspectives on ...
Read More Integrating Capital Project Work into Maintenance Turnarounds
INTRODUCTION Maintenance Turnarounds represent significant cost expenditures for any refinery or petrochemical plant. An overrun in time and money on a turnaround can significantly impact ...
Read More NGEL and Nayara Energy collaborate in production of Green Hydrogen
NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited-India’s leading integrated power producer and Nayara Energy, a new-age international downstream Energy Company ...
Read More PETRONAS, MOL and MISC to jointly develop LCO2 carriers for CCS projects
PETRONAS CCS Ventures, a wholly-owned subsidiary of PETRONAS, has signed a Term Sheet with Mitsui O.S.K Lines, Ltd. (MOL) and MISC Berhad for the potential ...
Read More Singapore hosts world’s first bulk liquified hydrogen carrier
Singapore recently welcomed the world’s first bulk liquefied hydrogen carrier, Suiso Frontier, on 31 August 2023. The vessel was berthed at the Shell Energy and ...
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