Asia/Pacific
China's newest refiner Yulong stocks up on Russian oil ahead of startup
China's newest mega refiner Shandong Yulong Petrochemical has stepped up purchases of Russian crude oil cargoes for September arrival ahead of a planned test operation of its new plant.
Ampol, Graincorp collaborate for potential renewable fuels plant in Australia
The companies inked a memorandum of understanding (MoU), under which Graincorp will supply feedstock to produce sustainable aviation fuel and renewable diesel at the Lytton refinery.
Decarbonizing steam crackers: Key technical challenges of transitioning from natural gas to hydrogen
In the petrochemical industry, olefin crackers utilize significant amounts of heat to crack hydrocarbons into essential chemicals, such as olefins and aromatics.
TFG Marine signs agreement with Consort Bunkers for four newbuild methanol carriage bunker tankers
TFG Marine, a leading international marine fuel joint venture founded by Trafigura, Frontline and Golden Ocean, has signed a long-term time charter agreement with Singapore-headquartered Consort Bunkers for four newbuild methanol carriage-ready bunker tankers.
India to boost refining capacity to 6.19 MMbpd by 2028
India's annual refining capacity is projected to rise by about a fifth to a 309.5 metric MMt equivalent to 6.19 MMbpd by 2028 to meet rising local fuel demand.
PETRONAS, Eni and Euglena reach FID to construct a biorefinery in Malaysia
Petroliam Nasional Berhad (PETRONAS), Enilive S.p.A (a company directly controlled by Eni S.p.A.) and Euglena Co., Ltd. have reached the final investment decision (FID) to develop a biorefinery which will be located within PETRONAS’ Pengerang Integrated Complex (PIC), Johor, Malaysia.
WoodMac: LNG truck sales impacting Chinese road diesel demand
China’s sales of LNG-powered heavy-duty trucks rose from below 10% to reach as much as 30% of the market in the latter months of 2023, resulting in the displacement of over 8% of road diesel demand in the country.
Singapore shortlists two consortia for ammonia power and bunkering project
Singapore's Energy Market Authority and the Maritime and Port Authority of Singapore have shortlisted two consortia for the next proposal evaluation round of an ammonia power and bunkering project on Jurong Island.
Russia considering ban on diesel exports
The Russian government is considering a ban on exports of diesel due to rising domestic prices.
Taiwan's FPCC to restart Mailiao port operations on July 26
Taiwan oil major Formosa Petrochemical Corp. aims to restart operations at its port at the Mailiao refinery on July 26, after shutting down ahead of Typhoon Gaemi's arrival.
- 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
