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Asia/Pacific

CNOOC, Shell JV sign $5.6-B agreement to expand ethylene plant in China

CNOOC and Shell Petrochemicals Company Ltd signed a framework agreement worth $5.6-B with China’s Huizhou city government to expand its ethylene project in the city.

Australia heads for second year of record gasoline, diesel imports

Australia's gasoline and diesel imports are expected to rise 2% to hit a record for a second straight year due to a drop in domestic production and a post-COVID economic recovery boosting fuel demand.

China's mega private refineries to keep output high to April as margins improve

China's mega private refineries are expected to operate at full processing rates or higher until April as their margins have improved after the government lifted COVID-19 restrictions.

Evonik Catalysts invests in capacity expansion to support Activated Nickel Catalysts market

Evonik Catalysts is fully on track to expand its production capacities for activated nickel powder catalysts marketed under the KALCAT and Metalyst brands at its production sites in Germany, and India.

Shell publishes reports on Sustainability, Climate & Energy Transition Lobbying and Payments to Governments

Shell plc has published its 2022 Sustainability Report, its 2022 Climate and Energy Transition Lobbying Report and its 2022 Payments to Governments Report.

Saudi Aramco boosts China investment with two refinery deals

Saudi Aramco raised its multi-billion dollar investment in China by finalizing and upgrading a planned joint venture in northeast China and acquiring an expanded stake in a privately controlled petrochemical group.

Russia diesel exports to Brazil, Turkey and Africa seen hitting new high

Russia's diesel and gasoil shipments to Brazil, Turkey and Africa were heading to new record highs in March as traders pushed into new markets following an EU ban on Russian oil products.

Saudi Aramco to open new China refinery-petchem complex in 2026

Saudi Aramco and its Chinese partners aim to start full operations at a refinery and petrochemical project in northeast China in 2026 to meet the country's growing demand for fuel and petrochemicals.

Chevron Lummus Global announces ISOFINISHING Award from BPCL

Chevron Lummus Global LLC announced that Bharat Petroleum Corp. Ltd. has selected its ISOFINISHING technology for a catalytic processing unit at the Mumbai Refinery in Mumbai, India.

U.S. imposes fresh sanctions on Myanmar, targets jet fuel suppliers

The United States on Friday announced further sanctions against Myanmar, targeting the supply of jet fuel to Myanmar's military following air strikes in civilian populated areas.