Asia/Pacific

Aether Fuels secures $15 MM to decarbonize aviation’s global impact

This brings the company to a figure exceeding $60 MM in funding raised since 2022.

Stamicarbon awarded two chemical licensing contracts in China

JERA on track for 20% ammonia co-firing at Hekinan power plant

Sinochem says Quanzhou refinery to resume operations soon

The overhaul at the 300,000-bpd refinery, which started on November 25, has lasted for nearly two months.

China's heavy reliance on Iranian oil imports

Beijing, which is also the biggest buyer of oil from Venezuela and a top importer of oil from Russia, has used purchases from the three countries facing various Western sanctions to save billions of dollars on its import bill in recent years.

Indonesia launch of B50 biodiesel depends on crude oil, palm oil prices

Indonesia, the world's largest producer of palm oil, previously said it would start its B50 mandate, which requires a 50-50 blend of palm-based fuel and diesel, in the second half of 2026. The current mandate calls for biodiesel that is 40% palm-based.

Marine fuel sales in Singapore bunker hub scale fresh highs in 2025

Marine fuel sales scaled new highs in the world's largest bunker hub of Singapore during 2025, the Maritime and Port Authority of Singapore (MPA) said on Tuesday, supported by resilient global trade and fuel offtake.

Indonesia president inaugurates Balikpapan refinery upgrade worth $7.4 B

Vitol, Trafigura offer Venezuelan oil to Indian, Chinese refiners for March delivery

The global commodities traders confirmed on Friday they had struck agreements with the U.S. government to help market stranded Venezuelan oil, days after the interim government in Caracas agreed to export up to 50 MMbbl of crude oil to the U.S.

India's Reliance in talks for U.S. permit to buy Venezuelan oil

Reliance's representatives are in discussions with the U.S. State and Treasury departments to obtain the authorization, the sources said, as Washington and Caracas progress in negotiations to ship 50 MMbbl of oil in the aftermath of the U.S. capture of President Nicolas Maduro.