Asia/Pacific
Sinopec seeks rare quota swap to export more diesel, gasoline and jet fuel
China's Sinopec Corp has applied to the government to swap some of its marine fuel export quotas for allowances to export light products such as diesel, jet fuel or gasoline.
Saudi Aramco in talks to buy 10% stake in Chinese refiner Yulong Petrochemical
Saudi Aramco is in talks to buy a 10% stake in Shandong Yulong Petrochemical Co in a deal that would further boost the state oil giant's investments in China.
Singapore middle distillates stocks drop after 3 weeks amid strong jet fuel exports
Singapore's middle distillates stocks fell for the first time in three weeks, tracking robust net exports of jet fuel/kerosene though a dip in net exports of gasoil limited overall draws
Clariant inaugurates Daya Bay Exolit OP flame retardant plant
Clariant marks another milestone in its China Strategy with the official opening of its new state-of-the-art production facility for halogen-free flame retardants in Daya Bay, Huizhou.
Yokogawa joins Avelia’s blockchain-powered SAF purchasing program
Yokogawa Electric Corporation announces it has become the first industrial automation customer headquartered in Asia to join Avelia, a blockchain book-and-claim platform for SAF.
China's Hengli Petrochemical wins license to supply bunker in Zhoushan
A subsidiary of Hengli Petrochemical, China's privately controlled refiner and petrochemical producer, has won a license to supply bonded marine fuel in Zhoushan, the country's bunker hub.
Sinopec NZRCC selects Lummus' polypropylene technology for large-scale plant in China
Lummus Technology announced a contract from Sinopec Ningbo Zhenhai Refining & Chemical Co. Ltd. to license Lummus' Novolen technology for a new 500 ktpa polypropylene plant in Ningbo, China.
Vietnam's largest refinery Nghi Son says major maintenance completed
Vietnam's largest refinery Nghi Son completed major maintenance at the facility, one week ahead of schedule.
Global diesel prices soften as inventories edge upward
Global distillate fuel oil inventories remain much lower than normal for the time of year but there are signs they are no longer falling which has eased some of the upward pressure on prices.
India wants Saudi Aramco to develop strategic petroleum reserve as ties strengthen
India wants Saudi Arabia's Aramco to participate in its planned 6.5 Mmt strategic petroleum reserve program as the South Asian nation wants to strengthen ties with its key oil supplier.
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
