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Asia/Pacific

China Energy Group Ningxia Coal selects LyondellBasell Hostalen ACP technology

LyondellBasell has announced that China Energy Group Ningxia Coal Industry Co., Ltd. (China Energy Group Ningxia Coal) has selected LYB Hostalen Advanced Cascade Process (Hostalen ACP) technology for a 300,000-tpy high-density polyethylene (HDPE) plant.

BASF, AM Green enter MoU to explore low-carbon chemicals in India and offtake of 100,000 tpy of green ammonia

BASF and AM Green B.V. have entered a memorandum of understanding (MoU) to jointly evaluate and develop business opportunities for low-carbon chemicals produced exclusively with renewable energy, and the corresponding value chains in India.

Sinopec's 3Q earnings fall 52.1% on lower oil prices, refining margins

Chinese refiner Sinopec posted a 52.1% year-on-year decline in net profit to 8.54 B yuan ($1.2 B) for the third quarter because of lower oil prices and weak refining margins.

India's BPCL says Russia oil intake share falls to 34% in September quarter

Indian refiner Bharat Petroleum Corp's use of Russian oil fell to 34% of the total intake for crude processing in the July–September quarter due to a maintenance shutdown of units at its Bina and Kochi refineries.

Singapore distillates stocks slip to below 9 MMbbl

Singapore's middle distillates stocks fell for the third straight week to below 9 MMbbl as gains in net exports of jet fuel offset a drop in gasoil exports.

Oil exports from Russia's western ports to fall 13% in Nov. as refinery maintenance ends

Russia's crude oil exports from its three main western ports will drop by 13% in November from the previous month to 1.95 MMbpd (or some 8 MM tonnes) as refinery maintenance season is over.

India's diesel consumption to rise 3%–4% in current fiscal year

India's annual diesel consumption is expected to rise by 3%–4% in the current fiscal year to March 31.

Russia's Surgutneftegaz awards annual tender for diesel, fuel oil exports

Russian energy company Surgutneftegaz awarded its annual tender for diesel and fuel oil exports in 2025 at higher prices than a year ago.

Russia ships rare naphtha and fuel oil cargoes to Indonesia

Russia exported rare naphtha and fuel oil cargoes to Indonesia in September as it expands the pool of buyers for its oil products.

Australia fuel supplier Viva Energy's retail and refining challenges continue to hurt

Viva's downbeat update comes a few days after bigger rival Ampol, the only other domestic fuel supplier in the country, warned of similar challenges facing the refining sector and flagged a hit of A$100 MM in its earnings.