Asia/Pacific
Indonesia sets 3-month transition period for B50 biodiesel program
The launch of the B50 program on July 1 means that all gasoil sold in the country must contain 50% palm-based diesel and 50% conventional diesel.
Middlemen offer Iranian oil to Indian refiners after U.S. waiver
On Monday, the United States waived sanctions on Iran for 60 days after the first talks under a nascent peace deal, opening a narrow window for renewed energy trade.
Singapore's Aster plans August maintenance for crude, petchem units
Aster, a joint venture between Indonesia's Chandra Asri and trading major Glencore, operates a 237,000-bpd refinery in Singapore's Bukom Island.
Viva Energy to restart Geelong refinery this week, alkylation unit offline
Viva said work at a key processing unit of the refinery, the Residue Catalytic Cracking Unit (RCCU), was completed and that operations will resume this week at over 90% of normal capacity, more than two months after the unit was shut down due to a fire.
Asia has plenty of crude oil, but refined fuels remain tight
The world's top energy-consuming region is expected to import about 22.18 MMbpd of crude in June, up from 20.35 MMbpd in May.
El Nino, expanding ethanol use squeeze India sugar supply
At the same time, India is pushing for higher ethanol blending with petrol and wider adoption of flex-fuel vehicles to cut dependence on expensive imported crude.
China's May refined oil exports rise from April under restrictions, Australia receives agreed volume
China's May gasoline, diesel and jet fuel exports rose from April to major destinations in Southeast and South Asia, but were still significantly less than a year earlier due to export restrictions imposed over the Iran war to safeguard domestic supply.
Australia opens first carbon refinery, making new products from captured CO2
MCI Carbon has been developing the Myrtle Carbon Capture Utilization and Storage technology for 15 years and the demonstration plant can potentially capture 2,500 metric tons of CO2 a year.
Indonesia on track to launch B50 biodiesel program on July 1
Indonesia revived its plan to raise the biodiesel ratio to 50% from the current 40% in March, in a response to the oil supply disruptions that followed the U.S. and Israel attacks on Iran.
- OXEA confirms final investment decision for major capacity expansion at plant 7/10
- TotalEnergies ships to Asia the first cargo produced by the ECA LNG plant 7/10
- ADNOC L&S expands LNG fleet with order for four new carriers 7/10
- India's ONGC plans to build 13-MMbbl national strategic oil reserve 7/10
- Russian refineries, oil terminal, tankers hit, Ukraine says 7/10
- Tajikistan says it has 60 days' fuel in reserve amid Russian supply crunch 7/10
