Asia/Pacific
Chinese independent refiners snap up discounted Mideast oil as supplies rise
Gulf oil exports are gushing into Asia as producers ramp up output and exports through the Strait of Hormuz following the interim peace deal between the U.S. and Iran, depressing oil prices globally.
India refiner Nayara's gasoline sold to Russia via traders
Indian Oil Minister Hardeep Singh Puri said that Indian companies were not selling fuel to Russia but it was "possible" that Russia purchased Indian-origin fuel from traders.
India seeks to quell public backlash on ethanol-mixed fuel after 'experiment' remark
The mandate to use the blend, called E20, came into force last year but is now one of the biggest political flashpoints for Prime Minister Narendra Modi's government and motorists in the world's third-biggest car market.
Russia buys gasoline from India to tackle shortages
Fuel shortages are being felt across Russia's 11 time zones with rationing, long queues at filling stations and a record gasoline price increase.
Shell forecast: Global LNG demand expected to grow by 65% by 2050
Indonesia sets 3-month transition period for B50 biodiesel program
The launch of the B50 program on July 1 means that all gasoil sold in the country must contain 50% palm-based diesel and 50% conventional diesel.
Middlemen offer Iranian oil to Indian refiners after U.S. waiver
On Monday, the United States waived sanctions on Iran for 60 days after the first talks under a nascent peace deal, opening a narrow window for renewed energy trade.
- ACME signs 100,000-tpy green methanol offtake agreement with Mitsubishi Gas Chemical 7/6
- ADNOC launches global LNG marketing and trading platform 7/6
- Brazil to phase out subsidy for diesel more slowly than for gasoline, minister says 7/3
- Chinese independent refiners snap up discounted Mideast oil as supplies rise 7/3
- India refiner Nayara's gasoline sold to Russia via traders 7/3
- India seeks to quell public backlash on ethanol-mixed fuel after 'experiment' remark 7/3
