Asia/Pacific
India sugar industry wants more sugar used for ethanol as supply improves
The Indian sugar industry urged the government to allow more sugar to be diverted for the production of ethanol, citing improved supply after unseasonable rainfall in key cane-growing states in 2023.
Cathay welcomes the launch of the Hong Kong Sustainable Aviation Fuel Coalition as co-initiator
Cathay further demonstrated today its steadfast commitment to contributing towards the decarbonization of the aviation industry and establishing itself as a sustainability leader as it proudly welcomed the successful launch of the Hong Kong Sustainable Aviation Fuel Coalition as its co-initiator.
Russia struggles to sell Pacific oil, 14 tankers stuck
More than a dozen tankers loaded with 10-MM barrels of Russia's Sokol grade crude oil have been stranded off the coast of South Korea for weeks, so far unsold due to U.S. sanctions and payment issues.
Geely's e-fuels solution to a carbon neutral future
Geely's investment in green methanol technology has resulted in the development of the methanol-powered Geely Emgrand M100 Hybrid, contributing to a significant reduction in oil dependence for Guiyang's taxi fleet.
Maersk names first vessel of its large methanol-enabled fleet “Ane Maersk”
The world’s first large methanol-enabled container vessel has been named "Ane Maersk" at a ceremony in the shipyard of HD Hyundai Heavy Industries in Ulsan, South Korea.
Singapore fuel oil inventories slip on lower imports, higher bunker demand
Singapore onshore inventories of residual fuel oil slipped for a second straight week on lower imports, while more demand for marine bunkers also led to a drawdown.
India expects fuel demand to grow 2.7% in the next fiscal year
India's fuel consumption is expected to rise 2.7% in the next fiscal year beginning on April 1, initial government estimates showed.
PolyU develops high-efficiency CO2 electroreduction system for reducing carbon footprint and progressing carbon neutrality goals
To combat climate change and move towards the goal of carbon neutrality, researchers from The Hong Kong Polytechnic University have developed a durable, highly selective and energy-efficient CO2 electroreduction system that can convert CO2 into ethylene for industrial purposes to provide an effective solution for reducing CO2 emissions.
Woodside says Santos merger talks still at early stage as it forecasts higher production
Woodside Energy CEO Meg O'Neill said there was no recent precedent for sizable premiums in oil and gas deals as the producer reported it was still in the early stages of talks over a potential $52-B merger with Santos.
Solvay and Huatai expand hydrogen peroxide capacity in China to meet growing photovoltaic demand
Solvay is further extending its leadership position in the global hydrogen peroxide market by expanding the capacity of its Shandong Huatai Interox Chemical site in China.
- OCI Global completes $1.9-B sale of OCI Methanol to Methanex Corporation 6/30
- Partnership for sustainability: Pekutherm and POLYVANTIS launch circular economy initiative 6/30
- Univation Technologies and C3 AI collaborate to deliver enterprise AI solutions for advanced predictive maintenance across the global petrochemical industry 6/30
- Lloyd’s Register signs strategic collaboration with DAI Infrastruktur for green ammonia Project Ra 6/30
- Alleima expands product portfolio for the urea industry with SAF™ 2906 6/30
- UK's Lindsey oil refinery insolvent, 420 jobs at risk 6/30
