Asia/Pacific
Bangchak signs SAF supply deal with Shell
Bangchak Corporation Public Company Limited announced that they have entered into a sustainable aviation fuel (SAF) supply agreement with Singapore-based Shell International Eastern Trading Company. The agreement stipulates the offtake of ISCC EU/CORSIA certified SAF to be delivered to Shell.
ONGC (India) seeks partners for ethane feedstock for OPaL's ethane cracker
ONGC Petro additions Ltd (OPaL), a unit of ONGC, plans to source 800,000 tpy of ethane to secure feedstock for the plant from May 2028.
Xodus appointed to one of Japan’s first large-scale CCS projects
Global energy consultancy Xodus has secured a landmark contract to support the development of an advanced carbon capture and storage (CCS) hub in Japan.
China refiners buy more Brazilian, W. African crude as sanctions, tariffs disrupt supply
Chinese refiners have stepped up purchases of Brazilian and West African crude as they reorganize sourcing around sanctions and tariff disruptions, and after prices of Middle Eastern grades surged.
Taiwan's CPC Corp. offers March jet fuel in rare move
Taiwan's CPC Corp. is seeking to sell jet fuel for export in March, its first such offer in nearly three years.
Update: Russia says drone attack cut oil via Kazakhstan Caspian pipeline by up to 40%
Russia said oil flows through the Caspian Pipeline Consortium (CPC), a major route for supplying Kazakhstan and exporting to the global market, were reduced by 30%–40% on Tuesday after a Ukrainian drone attack on a pumping station.
Turkey’s top refiner Tupras stops Russian crude purchases after sanctions
Turkey’s largest oil refiner Tupras has stopped buying Russian crude because of U.S. sanctions announced on January 10 against Russian energy companies and tankers carrying Russian oil.
Russia's government may allow gasoline exports until end of August
The Russian government may extend gasoline export permits for major producers until the end of August 2025.
S-Oil's $7-B Shaheen petrochemical complex is on track for 1H 2026 start
S-Oil's $7-B Shaheen petrochemical project in Ulsan, South Korea, is progressing and is expected to be completed by the first half of 2026.
Marine fuel sales at top bunker hub Singapore log soft start to 2025
Sales of marine fuel at Singapore, the world's largest bunker hub, logged weaker volumes in the first month of 2025.
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