Asia/Pacific

Vietnam state oil company urges U.S. Navy to allow tanker through blockade

The U.S. military has expanded its shipping blockade on Iran to include cargoes deemed contraband, although it has said other oil exports from the Gulf are free to sail through.

To make up for shortfall, India's HPL turns to Oman naphtha

Medium-range tanker Rarity loaded about 23,000 metric tons (201,000 bbl) of naphtha for HPL late-March and discharged at the Haldia terminal on April 13.

Japan refinery runs climb to over 70% on alternative supply, stockpile releases

From March 16, the government has also made available oil from its stockpiles equal to about 75 days' worth of consumption to soften the blow from the supply shortage due to the largely closed Strait of Hormuz. This is Japan's biggest oil release ever.

Hengli Petrochemical's former Singapore unit to cease operations

Mitsubishi Chemical to withdraw from polybutylene succinate business at PTT MCC Biochem

Japan's Idemitsu returns to fossil fuel focus in new medium-term plan

InterContinental Energy’s P2(H2)Node integrates AI data center capability to deliver low cost, ultra-reliable green compute

Perth-based InterContinental Energy (ICE) has announced the evolution of its P2(H2)Node architecture to deliver integrated AI data center capability, enabling 100% renewable power, 99.995% uptime, and all-in power costs below $48/MWh at the data center.

Japan's Eneos restarts 145,000-bpd Sendai CDU; Marifu unit set for mid-May restart

The refiner, a unit of Eneos Holdings, declined to disclose the cause of the shutdown.

L&T awarded EPC contract for BCGCL's coal-to-ammonium nitrate project in India

Asia exports of refined fuels plunge amid Hormuz closure

Exports of refined products such as jet fuel, diesel and gasoline fell to multi-year lows in Asia, the top energy consuming region and destination for about 80% of pre-war cargoes through the Strait of Hormuz.