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Tapis crude is a Malaysian crude oil used as a pricing benchmark in Singapore. Tapis is very light, with an API gravity of 43°-45°, and very sweet , with only about 0.04% sulfur. [ 1 ] [ 2 ] While it is not traded on a market like Brent Crude or West Texas Intermediate (WTI), it is often used as an oil marker or price referencing indicator ...
This is a list of oil refineries. The Oil & Gas Journal publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. For some countries, the refinery list is further categorized state-by-state.
Petroliam Nasional Berhad, commonly known as PETRONAS (stylized in all caps), is a Malaysian multinational oil and gas company headquartered in Kuala Lumpur.Established in 1974, it is a legal entity incorporated under the Malaysian Companies Act 1965 and reports to the company's Board of Directors.
The petroleum industry in Singapore is accountable for part of the country's economy, exporting about 68,100,000 tonnes (67,000,000 long tons; 75,100,000 short tons) of oil (as of 2007). Singapore is dubbed "the undisputed oil hub in Asia ."
Singapore Petroleum Company Limited, in short SPC, is a Singaporean multinational oil and gas company. It is involved in the exploration and production of petroleum , refining , trading and petroleum product distribution.
The Majnoon Oil Field is a super-giant oil field located 60 km (37 mi) from Basra in southern Iraq. [1] Majnoon is one of the richest oilfields in the world with an estimated 38 billion barrels of oil reserves. The field was named Majnoon which means crazy in Arabic in reference to excessive amount of oil in a dense area. [2]
PDT received its first shipment of oil in the first quarter of 2014. The other component of PIPC is the Petronas Pengerang Integrated Complex (PIC), Petronas' largest downstream investment in a single location to date. [10] The development includes the US$16 billion Refinery and Petrochemical Integrated Development Project (RAPID).
Pulau Busing is a restricted-access island and a hub for oil shipping located off the southwestern coast of Singapore. The island is occupied by Tankstore Ltd, a petroleum storage company. Heavily industrialised, the island is home to oil and chemical storage facilities, at least one marine offshore terminal, and a fuel oil refinery.