Asia/Pacific
LANXESS inaugurates new lubricant additives manufacturing plant in India
Designed to serve both domestic and international markets, the facility will primarily cater to customers across India, the Middle East, and other key global markets.
South Korea, Australia agree to strengthen energy supply chain resilience
South Korea is a key energy partner of Australia as the largest supplier of diesel and third-largest source of jet fuel, Wong said. Australia is South Korea's largest source of liquefied natural gas (LNG).
China's Wanhua Chemical suspends benzene deal with U.S. sanctions-hit Hengli
East China-based Wanhua Chemical is the country's largest buyer of benzene, which is used to make methylene diphenyl diisocyanate, or MDI, an intermediate for manufacturing foams, coatings and elastomers.
Envision joins AEA Ammonia Certification System pilot to accelerate global clean ammonia trade
Envision Energy has announced its participation in the pilot phase of the AEA Ammonia Certification System, a global certification system designed by the Ammonia Energy Association (AEA) to facilitate the transparent, trusted international trade of low-emission ammonia.
India proposes rules to allow higher ethanol-blended fuels in vehicles
The Ministry of Road Transport and Highways said the draft includes provisions for E85 fuel, a blend of 85% ethanol with petrol, and E100, which would allow vehicles to run on nearly pure ethanol.
Indian refiners' March crude processing slips 1.8% from a year earlier
India's Russian oil imports in March surged to a record 2.25 MMbpd, and are set to remain near record highs in April and May following a new U.S. waiver allowing countries to buy sanctioned Russian oil at sea for about a month, traders said last week.
Sinopec refinery utilization drops, but chemical exports rise due to Iran war
Sinopec, the world's biggest refiner by capacity, cut refinery utilization rates between January and March by 7.6% on an annualized basis to average at around 83%.
Australian foreign minister says China has agreed to cooperate on jet fuel exports
Australia, which imports most of its fuel, has experienced localized shortages since the Middle East conflict that began in February.
- OXEA confirms final investment decision for major capacity expansion at plant 7/10
- TotalEnergies ships to Asia the first cargo produced by the ECA LNG plant 7/10
- ADNOC L&S expands LNG fleet with order for four new carriers 7/10
- India's ONGC plans to build 13-MMbbl national strategic oil reserve 7/10
- Russian refineries, oil terminal, tankers hit, Ukraine says 7/10
- Tajikistan says it has 60 days' fuel in reserve amid Russian supply crunch 7/10
