Asia/Pacific
India eyes $87 B investment in petrochemicals sector over next decade
India is expected to receive investments worth $87 B in the next decade to meet the nation's rising demand for petrochemicals, the country's oil minister Hardeep Singh Puri said.
China's surplus crude oil hits nearly 1 MMbpd for September
The weak position of China's crude oil sector was underlined by September data showing a sixth consecutive monthly drop in refinery processing, leading to nearly 1 MMbpd of oil being available for storage.
Shell says no impact to operations after oil leak in Bukom, Singapore
Shell said on Monday there was no impact to operations after an oil leak over the weekend from a land-based pipeline at Shell Energy and Chemicals Park Singapore on Bukom island, adding that the leak had been stopped.
Vietjet operates first flights with SAF supplied by Petrolimex Aviation
The first flights using sustainable aviation fuel (SAF) have been successfully refueled in Vietnam today and departed from Tan Son Nhat International Airport in Ho Chi Minh City.
China, Saudi Arabia top buyers of Russian fuel oil in September
China and Saudi Arabia were the top destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in September.
Mitsubishi Chemical Group to expand Japan production facility for optical film for polarizing plates, OPL Film™
The Mitsubishi Chemical Group (the MCG Group) will expand its production facility for OPL Film™ products, optical polyvinyl alcohol (PVOH) film, at Mitsubishi Chemical’s Central Japan-Ogaki (Kanda) Plant in Ogaki City, Gifu Prefecture, Japan.
Russia's idle oil refining capacity to fall by 15% in later half of October
Russia's offline primary oil refining capacity is seen declining by around 15% in the later half of October from the first 15 days of the month.
Johnson Matthey opens its new engineering center in India
The center will tap into India’s engineering talent, increasing JM’s capacity to deliver projects for its customers across its core licensing business and new growth areas in hydrogen, sustainable fuels and chemicals.
Ampol to carry out further maintenance at Lytton, 3Q output plunges
Ampol, Australia's top fuel retailer, said on Tuesday it would undertake further maintenance at its Lytton refinery next month after the company reported a sharp drop in 3Q output, sending its shares to a 21-month low.
Global refinery margins fall to multi-year seasonal lows in September
Refinery margins for petroleum refiners across the world are shrinking, indicating reduced profitability from refining crude oil and selling petroleum products.
- Vioneo awards Lummus polypropylene contract for world's first industrial scale fossil-free plastics from green methanol facility 8/19
- Research: Developing an energy-saving, carbon-capturing method for making ethylene glycol 8/19
- Emerson announced the release of its new Rosemount 3144S temperature transmitter 8/19
- Chinese refiners sweep up Russian oil after Indian demand falls 8/19
- Indonesia plans quick-to-build oil refineries for U.S. crude 8/19
- Russia's ultra low-sulfur diesel exports from Primorsk scheduled to rise in August 8/19
