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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 ."
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.
The company is also a part owner of Singapore Refining Company Pte Ltd which was founded in 1979. [2] In 2004, SPC acquired 50% of BP's interest in the SRC and BP's retail network of 28 stations and LPG business in Singapore. [2] In 2009, SPC was acquired by China's PetroChina from Keppel Corporation and was delisted from the Singapore Stock ...
Around $150 millions' worth of oil was stolen from Shell's biggest global refinery over several years, Singapore court documents reviewed by Reuters show, far more than reported when police first ...
In 2021, Singapore's oil supply totaled 1,027,948 terajoules, a 42% increase from 2000, comprising both crude and refined products, net of exports and storage. Oil constituted 69.7% of the total energy supply. [8] All of Singapore's crude oil was imported, with imports growing by 13% since 2000. Oil products imports surged to 208.8% of total ...
The average operating rate for refineries in Asia is expected to rise to 75.5% and 82.2% in the third and fourth quarters, respectively, from 72.4% in the second quarter out of total capacity of ...
Chevron, with equal partner Singapore Petroleum Company, also owns half of the 285,000 barrels per day (45,300 m 3 /d) Singapore Refining Company (SRC) plant, a complex refinery capable of cracking crude oil. [131] [132] The investment was first made in 1979 when Caltex was a one-third partner.
In addition, Australia-based refineries are struggling with high global crude prices and a strong Australian dollar, which has led to higher labor and financing costs. That's worrying, because ...