Asia/Pacific

China's Nanshan Group plans 100,000-bpd refinery in Indonesia

Chinese firms have been looking to set up refineries in Southeast Asia, where fuel demand is growing steadily while China's domestic oil consumption peaks due to rapid electrification of the automotive fleet.

India's Russian oil imports down in January amid trade talks with U.S.

On Monday, U.S. President Donald Trump announced a trade deal with India to cut tariffs to 18% from 50% in exchange for New Delhi halting Russian oil purchases and lowering trade barriers.

Indian refiners await government advice on Russian oil import halt

On Monday, U.S. President Donald Trump announced a trade agreement with Indian Prime Minister Narendra Modi that included halting oil purchases from Russia, but without details on how and when such purchases by India would end.

China's Chambroad buys Canadian crude for May delivery

The refiner was one of the main buyers of Venezuelan oil, while it occasionally imported Canadian oil exported from the Trans Mountain pipeline for its bitumen production.

China's CNPC set to restart Dalian refinery to process Russian oil

DHL Group adds new sustainability milestones in Asia-Pacific across skies and streets

DHL Group has marked significant milestones in its sustainability journey across Asia-Pacific by reinforcing its commitment to decarbonization and readiness to meet the region's growing demand for emissions-reduced logistics solutions.

Record January fuel oil exports from Kuwait's al-Zour refinery weigh on Asian market

The surge in supply from Kuwait, a major fuel oil exporter, will boost availability in bunkering hubs such as Singapore and weigh on prices in Asia.

China's teapots buy Iranian oil to replace Venezuelan supply

Venezuelan shipments to China have fallen sharply since mid-December after U.S. President Donald Trump imposed a blockade on sanctioned ships, part of a campaign against President Nicolas Maduro which culminated in his capture by U.S. forces on January 3.

Keppel, Aster plan sustainable aviation fuel project in Singapore

The proposed facility is expected to produce up to 100,000 metric tpy of SAF.

Rising oil, gas and LNG demand draws global traders to India

As consumption growth slows in most major economies, trading firm executives told the India Energy Week conference that they see opportunities across crude, refined fuels and liquefied natural gas (LNG).