Asia/Pacific
Analysis: Trump's oil tariffs a boost for European and Asian refiners
U.S. President Donald Trump's trade tariffs on Canadian and Mexican oil imports will offer European and Asian refineries a competitive advantage against their U.S. rivals, analysts and market participants said.
Russia's Lukoil eyes $2 B from Bulgaria refinery sale
Russia's second-largest oil producer Lukoil plans to raise around $2 B from the sale of its Burgas oil refinery in Bulgaria.
NEXTCHEM (MAIRE) awarded process design package to upgrade urea plant in China
MAIRE has announced that NEXTCHEM, through its subsidiary Stamicarbon, the nitrogen fertilizer technology licensor, has been selected to provide the process design package to upgrade the Hulunbeier New Gold Chemical Co. Ltd.’s urea plant in Hulunbuir (China), leveraging on its proprietary NX STAMI Urea™ technology.
IEA comes under pressure from former oil market chief to cut energy transition focus
The International Energy Agency's former oil industry and market chief criticized the agency's focus on the global energy transition in a report released on Wednesday, and said the IEA should concentrate on oil and gas supplies.
Indian state studies plan to ban petrol, diesel vehicles in Mumbai to control pollution
The western Indian state of Maharashtra has formed a panel to study a proposal to ban petrol and diesel vehicles in Mumbai city amid worsening air quality and only allow electric or gas driven vehicles, it said in an order.
Pertamina partners with ABL to enhance asset management at its Cilacap refinery (Indonesia)
Pt. Kilang Pertamina Internasional has appointed ABL’s asset integrity management unit to further enhance asset management at the Indonesian national energy company’s Cilacap Refinery Unit IV, located in Central Java, Indonesia.
Russia oil sanctions create different winners at different times
The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating both short- and medium-term winners and losers.
DHL Express to buy SAF from Japan's Cosmo starting April
DHL Express, a division of Germany's Deutsche Post DHLn.DE, said on Tuesday it would buy sustainable aviation fuel (SAF) from a unit of Japan's Cosmo Energy Holdings starting in April.
Syzygy Plasmonics and Lotte Chemical complete trial of ammonia e-cracking unit
Syzygy Plasmonics and Lotte Chemical have commissioned and completed performance testing of the world's largest all-electric ammonia cracking system in Ulsan, South Korea with logistical support from Sumitomo Corp. of Americas and Sumitomo Corp. Korea.
Japan's Cosmo to supply domestic SAF to two airlines from April
Cosmo Energy Holdings said on Monday it will start supplying sustainable aviation fuel (SAF) to Japan Airlines (JAL) and All Nippon Airways (ANA) from April, marking the first supply of domestically produced green fuel.
- 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
