Asia/Pacific
S-Oil posts refining, petrochemical losses; expects US tariffs to affect margins in Q2
South Korea's S-Oil, majority owned by Saudi Aramco, posted losses in the first quarter from its refining and petrochemical units and expects second-quarter margins to be impacted by U.S. tariff negotiations and market volatility.
Kuwait Petroleum's stake investment in China Wanhua Chemical's unit valued at $638 MM
Kuwait Petroleum subsidiary's acquisition of a 25% stake in China Wanhua Chemical's petrochemical business is valued at $638 MM
China's Sinopec partners with Saudi Aramco's unit in $4-B JV
China's state-run Sinopec said on Monday it had signed an agreement with a unit of Saudi Aramco to establish a joint venture (JV) company with a registered capital of 28.80 B yuan ($3.95 B).
Inauguration of new specialty chemicals laboratory in Shanghai
Perstorp and BRB, wholly-owned subsidiaries of PETRONAS Chemicals Group Berhad, has inaugurated a new innovation hub in Shanghai, China. This advanced laboratory will support growth in the region by increasing technical support for customers with a specific focus on the Asian market.
Asahi Kasei, Nobian, Furuya Metal and Mastermelt commence joint project to recycle metals, signaling a milestone towards circularity in the chlor-alkali industry
Japanese technology company Asahi Kasei has started a joint demonstration with Nobian, Furuya Metal and Mastermelt on the recycling of metals, including precious metals, used in the cells and electrodes incorporated in electrolyzers used for the production of caustic soda.
India's Delhi plans to curb gasoline car sales, ban gas-guzzling bikes to shed polluter tag
India's capital New Delhi plans to limit gasoline and diesel-powered cars a family can buy as well as ban sales of fuel-guzzling motorbikes and scooters, according to a draft policy aimed at cleaning up one of the world's most polluted cities.
Automakers rush to meet surging China demand for long-range hybrids
Chinese automakers and foreign rivals are launching ever more advanced long-range hybrids to meet rising demand in the world's largest auto market.
Aster Chemicals to bid for ExxonMobil's Singapore fuel stations
Aster Chemicals and Energy, the new operator of the Bukom refining complex, is planning to bid for ExxonMobil's petrol stations in Singapore, as the refiner seeks retail fuel sales outlets.
Indian Oil plans to operate Gujarat refinery at higher capacity from mid-2026
Indian Oil Corp. plans to operate its Gujarat refinery in western India at an expanded capacity of 360,000 bpd by mid-2026, executive director Biplob Biswas said.
GS E&C, Amogy, HD Hyundai Infracore partner with South Korean city to advance ammonia-based power gen
Amogy, a provider of scalable and efficient ammonia-to-power solutions, has announced a collaboration with GS Engineering & Construction (GS E&C), HD Hyundai Infracore (HDI) and Pohang-si, the largest city in North Gyeongsang Province, South Korea, to deploy an ammonia-powered distributed power generation system.
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- Pemex getting Texas refinery ready for large-scale overhaul 8/18
- China still storing crude oil even as refinery runs rise 8/18
- China's CNAF to invest in private Chinese SAF plant 8/18
- Lukoil's Volgograd refinery halts oil processing after drone attacks 8/18
- PSB Industries’ advanced line of specialty gas dryers for the oil and gas industry 8/18
