Asia/Pacific
China's gasoline exports rebound in November before tax changes
China's gasoline exports are expected to have rebounded in November after refiners dashed to secure higher profits before changes to export tax rebates took effect this month.
Russia's December idle oil refining capacity revised up 60%
Russia plans to take 1.1 MM tonnes (t) of refining capacity offline in December, up more than 60% from a previous estimate but still less than half the 2.4 MMt in November.
Taiwan's Formosa operates refinery at reduced rate due to maintenance
Taiwan's Formosa Petrochemical Corp. is operating its refinery at a reduced rate of 410,000 bpd due to maintenance at its delayed coker unit (DCU) this month.
Russia lifts gasoline export ban for producers
Russia's government has lifted a temporary ban on the bulk of gasoline exports supplied by producers, while extending the restrictions for other exporters, such as independent traders and re-sellers, until Jan. 31, 2025.
Venezuela's oil, fuel exports approach 1 MMbpd fueled by sales to Asia
Venezuela's oil exports jumped last month on higher sales to its mainstay Asia customers, and approached 1 MMbpd, a level not seen since early 2020.
BASF unveils new HDPE brand Easiplas and HDPE construction milestones at Zhanjiang Verbund site
BASF has launched Easiplas, a new brand of high-density polyethylene (HDPE), alongside reaching significant construction milestones at the HDPE plant at the Zhanjiang Verbund site in China
Traders using STS transfers near Senegal to export Russian naphtha to Brazil
Traders are using ship-to-ship loadings near the Senegalese port of Dakar to handle Russian naphtha exports to Brazil.
Australia's Ampol ends Lytton refinery repairs, provides output forecast
Australia's top fuel retailer Ampol said on Friday it had completed repairs at its fluidized catalytic cracking unit (FCCU) at the Lytton refinery in Queensland, and now expects total production for 2024 to be 5.2 B liters (l).
Indonesia committed to introduce B40 biodiesel on Jan. 1
Indonesia remains committed to start implementing a 40% mandatory biodiesel mix with palm oil-based fuel, or B40, on Jan. 1 next year.
Russian oil refinery runs in Nov. up 6% m/m
Russian refinery oil processing volumes in November are up by 6% versus October to 22.1 MM tonnes (5.4 MMbpd).
- Chiyoda, AVEVA forge strategic partnership to power plantOS with AVEVA CONNECT 6/27
- SABIC announces closure of Olefins 6 facility in Teesside, UK 6/27
- LyondellBasell's polyolefin technologies selected by SHCCIG Yulin for petrochemicals complex in China 6/27
- Damaged unit of Iran's South Pars refinery back operating 6/27
- hte conducts research for JGC to advance decarbonization by identifying suitable catalysts for ammonia cracking 6/26
- TES and CPC Finland to develop 500-MW e-NG project in Finland 6/26
