Asia/Pacific
Hynfra and JK Srivastava Group to build $4-B green hydrogen and ammonia hub in India
The partnership will develop a large-scale facility near the port of Visakhapatnam, aiming to produce up to 1 MMtpy of green ammonia per year and install 3 GW of renewable energy capacity.
Russia’s Rosneft slams EU sanctions on India's Nayara refinery
The European Union's 18th package of sanctions against Russia over the conflict in Ukraine, was approved on Friday and is aimed at dealing further blows to Russia's oil and energy industry.
Amogy and GreenHarvest target first ammonia-to-power deployment in Taiwan
This strategic collaboration marks a significant milestone in Asia’s clean energy transition, bringing Amogy’s advanced ammonia cracking technology to one of the world’s most vital digital infrastructure and semiconductor hubs.
Mitsubishi Chemical Group invests in Licella Holdings, oil conversion technology using supercritical water
Diamond Edge Ventures Inc. (DEV), the corporate venture arm of Mitsubishi Chemical Group (MCG Group), has announced an investment in Licella Holdings Ltd., an Australian technology leader in advanced recycling and renewable fuels.
Oil prices rise after new EU sanctions on Russia
The EU reached an agreement on an 18th sanctions package against Russia over its war in Ukraine, which includes measures aimed at dealing further blows to Russia's oil and energy industries.
China's refined oil exports dip 0.6% in June but hit 12-month high
China's exports of refined products, including diesel, gasoline, aviation fuel and marine fuel, fell 0.6% year-on-year to 5.34 MMt in June, though the figure marked the highest monthly total since June 2024.
India's ONGC considers a ~230,000 bpd refinery in Gujarat state
India wants to position itself as a global refining hub and is expanding capacity.
India can secure oil even if Russian imports sanctioned, minister says
India's foreign ministry spokesperson said that securing energy needs was an "overriding priority" for the country, in which it was guided by what was on offer in markets and the "prevailing global circumstances."
Indonesia's biodiesel consumption reaches 7.42 MM kiloliters to date
The world's top palm oil producer increased the mandatory proportion of biofuels in its diesel to 40% this year, up from 35%, a policy known as B40 that was designed to reduce the country's reliance on imported diesel.
New plants, U.S. trade worries to drive China's 2025 naphtha imports to record
Cracker operators in the world's largest petrochemical producer, which pivoted in recent years to cheaper U.S. propane and ethane feedstock, are switching some demand back to naphtha after being ensnared in the U.S.-China trade war that disrupted their U.S. supplies.
- Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy 5/18
- OXEA and Air Liquide renew syngas and hydrogen supply agreement for Oberhausen site 5/18
- BASF boosts refinery catalyst innovation with new R&D center in Attapulgus, Georgia (U.S.) 5/18
- Aster and Puraglobe sign MoU to bring world-leading re-refining technology to Asia 5/18
- U.S. oil refiners finally profit from biofuels due to mandates, high fuel prices 5/18
- China's April oil throughput hits lowest since August 2022, inventories rise 5/18
