Asia/Pacific
KazMunayGas, CNPC carbamide project at Zhanazhol gas processing plant to cost $1.5 B
The carbamide project that will be carried at the Zhanazhol gas processing plant in Kazakhstan will cost $1.5 B with capacity for 1.2 metric MMtpy.
China's biofuel firm Jiaao brings in bp as investor for SAF unit
Chinese biofuel firm Zhejiang Jiaao Enprotech said on Friday its sustainable aviation fuel (SAF) unit has entered an investment deal with bp, the first alliance involving a global oil major in China's nascent green aviation fuel.
SIBUR might start producing metallocene polyethylene using domestic technology
Russian petrochemical group SIBUR might start using domestic technology developed by the Russian Academy of Sciences (RAS) in the production of metallocene polyethylene in Nizhnekamsk.
Update: Indonesia to implement B40 palm oil biodiesel on Jan. 1, 2025
Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, lifting prices of the vegetable oil to a more than two-week high.
China’s Rongsheng Petchem buys its first Canadian Kearl Lake crude from Exxon
Chinese refiner Rongsheng Petrochemical has bought 1.65 MMbbl of Canadian crude oil to be exported from the Trans-Mountain pipeline for delivery in November, including its first cargo of Kearl Lake crude.
Russia uses vessels sanctioned by EU for fuel, diesel exports
Russia has started to use vessels sanctioned by the Europe Union (EU) for oil products exports.
Mitsubishi Chemical to conduct studies on chemical recycling of tires using coke ovens
The Mitsubishi Chemical Group has launched studies to perform chemical recycling of end-of-life (ELT) tires by utilizing the coke ovens at its Kagawa plant (Sakaide City, Kagawa Prefecture). The MCG Group aims to begin marketing sustainable carbon black made from ELTs by March 2026.
Sembcorp, Sojitz, Kyushu Electric sign terms with NYK to transport green ammonia from India to Japan
Sembcorp Green Hydrogen Pte. Ltd., a wholly-owned subsidiary of Sembcorp Industries (Sembcorp), together with Kyushu Electric Power Co. Inc. and Sojitz Corporation, have announced Nippon Yusen Kabushiki Kaisha (NYK) as a shipping partner for the export of green ammonia to Japan.
Singapore's middle distillates stocks snap three-week uptrend
Singapore's middle distillates inventories fell 5% from last week, snapping three weeks of gains as a jump in net jet fuel/kerosene exports outweighed declines in diesel/gasoil net exports.
India surpasses China to become Russia's top oil buyer in July
India overtook China as the world's biggest importer of Russian oil in July as Chinese refiners bought less because of lower profit margins from producing fuels.
- Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy 5/18
- OXEA and Air Liquide renew syngas and hydrogen supply agreement for Oberhausen site 5/18
- BASF boosts refinery catalyst innovation with new R&D center in Attapulgus, Georgia (U.S.) 5/18
- Aster and Puraglobe sign MoU to bring world-leading re-refining technology to Asia 5/18
- U.S. oil refiners finally profit from biofuels due to mandates, high fuel prices 5/18
- China's April oil throughput hits lowest since August 2022, inventories rise 5/18
