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Asia/Pacific

Japan, South Korea to set up joint ammonia, hydrogen supply network

Japan and South Korea will establish a joint supply network for carbon-neutral fuels such as ammonia and hydrogen.

China-Brunei JV inks new deal for Phase 2 petrochemical project

The Implementation Agreement sets out the parameters, outlined jointly by PA and BEDB, which relates to the development, implementation and operations of Hengyi Industries’ Phase 2 Refinery and Petrochemical Complex at the PMB Industrial Park.

Gunvor drops PetroSeraya fuel oil storage in Singapore, Sinopec to take over

Global energy trader Gunvor is exiting fuel oil storage at the PetroSeraya terminal in the Asian oil hub of Singapore, with a Sinopec unit set to take over the space.

South Korea's GS Caltex offers December spot gasoil

South Korea's GS Caltex has started December-loading spot gasoil discussions via a sales tender that closes, with volumes nearly similar to those loading in November.

thyssenkrupp Uhde and DL E&C sign contract with Copenhagen Infrastructure Partners for Murchison Hydrogen Renewables Project Pre-FEED

thyssenkrupp Uhde, in partnership with DL E&C and its affiliate, has been selected by Copenhagen Infrastructure Partners P/S on behalf of Murchison Hydrogen Renewables Pty Ltd, to deliver a pre-FEED to support the development of the giga-watt-scale Murchison green ammonia project in Kalbarri, Western Australia.

Global fossil fuel production plans far exceed climate targets, U.N. says

Global fossil fuel production in 2030 is set to be more than double the levels that are deemed consistent with meeting climate goals set under the 2015 Paris climate agreement, the United Nations and researchers said.

Headway Technology Group showcased their groundbreaking methanol fuel supply system

The Forum of Alternative Fuel and Propulsion Technology was organized by Headway Technology Group Co., Ltd. on 27th October, in Yantai, China where Headway Technology Group showcased their groundbreaking Methanol Fuel Supply System, which was in live operation

Wizz Air wins 2nd consecutive CAPA Asia Aviation Summit award for SAF usage

For the second year in a row Wizz Air has been awarded the CAPA Global Environmental Sustainability Airline/Airline Group of the Year.

PetroChina aims to resume Venezuelan oil imports after 4-year pause

China's PetroChina is proposing to buy up to 8 million barrels a month of Venezuelan crude from state-run oil company PDVSA hoping to resume a trade suspended four years ago by U.S. sanctions.

Indonesia's palm oil consumption for biodiesel to exceed food for first time in 2023

Indonesia's domestic palm oil consumption for biodiesel will exceed its consumption for food for the first time in 2023, the Indonesia Palm Oil Association said at an industry conference.