Asia/Pacific
Singapore middle distillates stocks rise for fourth week to six-week high
Singapore's middle distillates inventories rose for the fourth straight week to a six-week peak as net exports of jet fuel slid further while those of diesel climbed.
Vietnam's Binh Son refinery says 2024 output seen at 6.6 MM tonnes
Vietnam's Binh Son Refining and Petrochemical said on Thursday that 2024 output at its Dung Quat refinery was estimated at 6.6 MM tonnes, beating its target by 15%.
Japan's Cosmo Oil restarts 86,000-bpd Yokkaichi CDU after maintenance
Japan's Cosmo Oil, a unit of Cosmo Energy Holdings, has restarted the 86,000-bpd crude distillation unit (CDU) at the Yokkaichi refinery in central Japan on Nov. 9 after planned maintenance.
Aramco, Rongsheng Petrochemical sign framework agreement for SASREF petrochemicals expansion project
Aramco, Aramco affiliate Saudi Aramco Jubail Refinery Company (SASREF), and an affiliate of Rongsheng Petrochemical Co. Ltd. (Rongsheng Petrochemical) have signed a Development Framework Agreement in Beijing, China, that paves the way for an expansion project at SASREF in Jubail, Kingdom of Saudi Arabia.
Asia's jet fuel imports from India to hit multi-year highs in November
Asia's imports of jet fuel from India are set to hit multi-year highs in November ahead of peak winter demand after refinery outages and lower exports from China crimped supplies.
INEOS, GNFC sign MoU to build a new world scale acetic acid unit in India
INEOS Acetyls and Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) signed a Memorandum of Understanding to explore the feasibility to build a new world scale, 600,000-tpy acetic acid plant at GNFC's site in Bharuch, Gujarat, India.
Sinochem may keep bankrupt refineries as auctions draw little interest
Sinochem Group may keep three bankrupt oil refineries located in eastern China after auctions to sell them drew little interest from other companies, sources familiar with the matter said.
Synata Bio’s Sylonto Project awarded $4.5-MM NDRC grant
Synata Bio, a U.S. company delivering turnkey carbon utilization technology to transform onsite waste gases into ethanol, has been awarded a $4.5-MM grant (RMB 32 MM) from China’s National Development and Reform Commission (NDRC) for its Sylonto project.
Lukoil to launch gas chemical complex, gas processing unit in Stavropol in 2029
PJSC Lukoil plans to commission a gas chemical complex (GCC) and a gas processing unit (GPU-2) at its Stavrolen facility, a 100% subsidiary of Lukoil in Budyonnovsk, Stavropol region, by 2029.
COP29: TotalEnergies and Oil India to collaborate on methane emissions detection, measurement
TotalEnergies and Oil India Limited (OIL) have signed a cooperation agreement to carry out methane emissions detection and measurement campaigns using TotalEnergies’ pioneer AUSEA technology at OIL sites in India.
- MOL Group, KazMunayGas partner on exploring petrochemical production 11/21
- Solvay uses waste wood to power soda ash and bicarbonate plant in Germany 11/21
- Syensqo expands U.S. production capacity for advanced polymers 11/21
- Container shippers hedging green transition with dual-fuel vessel orders 11/21
- Singapore middle distillates stocks rise for fourth week to six-week high 11/21
- EIA: U.S. crude, gasoline inventories rise, distillates draw down 11/21
