Asia/Pacific
Pertamina says fire at central Java refinery complex extinguished, output not affected
Indonesia's state energy firm Pertamina said a fire that broke out at its Cilacap refinery complex on Thursday has been extinguished and the refinery's operation is not affected.
Thai SCG Chemicals unit seeks Vietnam tariffs as operations at new complex remain suspended
Vietnam's Long Son Petrochemicals, a unit of Thailand's SCG Chemicals, is lobbying Vietnam to impose tariffs on imported polyethylene and polypropylene, as operations at its new $5.4 billion petrochemical complex remain suspended due to low margins.
VDMA valves association market analysis: Industry standstill looms after a strong 2024
The industrial valves industry performed better than expected in 2024 despite adverse conditions. Overall, nominal sales growth of 6% was achieved. While European business declined by 1%, international sales climbed by 11%.
Australia funds Queensland study to produce aviation fuel from sugarcane waste
The Australian Renewable Energy Agency (ARENA) will provide A$8 MM ($5 MM) to technology firm Licella for a study on a biorefinery in Queensland to produce sustainable aviation fuel (SAF) for the Brisbane Airport.
S. Korea's SK Energy shuts crude unit for 2-week overhaul
South Korea's SK Energy plans to restart the 170,000-bpd crude distillation unit (CDU) at its Ulsan refinery in next two weeks after maintenance work.
LanzaJet, Mitsui & Co. and Cosmo Oil secures government funding for SAF production project in Japan
LanzaJet announced that Cosmo Oil Co. Ltd was selected for a subsidy from Japan’s Ministry of Economy, Trade and Industry to support a SAF project in Japan developed with Mitsui & Co. that will plan to utilize LanzaJet technology.
Pre-FEED results indicate doubling of value for NH3 Clean Energy’s WAH2 project in Australia
NH3 Clean Energy Limited has released a summary of the preliminary front-end engineering and design (pre-FEED) for its flagship WAH2 Project, together with updated project economics that highlight significant improvements over the preliminary feasibility study results.
Russia signs memorandum to build port, oil refinery in Myanmar
Myanmar and its close ally Russia signed a memorandum on investment cooperation in a special economic zone in Dawei, including construction of a port and an oil refinery, Russia's Ministry of Economic Development said
Chimbusco delivers largest marine biofuel bunker stem in Hong Kong
Marine fuel supplier Chimbusco Pan Nation said on Friday that it has delivered its largest marine biofuel stem in Hong Kong to date, also marking the biggest volume recorded in a single delivery at Chinese ports.
Russia's Ryazan oil refinery halts operations after drone strike
Russia's Ryazan oil refinery has suspended operations after an attack by Ukrainian drones on Monday.
- 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
