Asia/Pacific

Australia promises $735 MM to launch biofuel industry

The money, to be released over 10 yrs from 2028, is intended to stimulate private investment in products like biodiesel and sustainable aviation fuel (SAF).

China issues more export quotas for gasoline, jet fuel and diesel

The country manages its oil products exports via a quota system to ensure sufficient supplies for the local market.

Vitol and Glencore to make formal bids for Chevron's Singapore refinery stake

Vitol and Glencore, which have other refining assets in the Asia-Pacific, are keen to acquire more and boost trade volumes in the region.

Solvay accelerates circularity by converting HDS production in Asia to circular raw materials

India's Nayara Energy increases fuel supply to HPCL after EU sanctions

Since the imposition of sanctions, Nayara has been operating its 400,000-bpd Vadinar refinery in western India at 70%–80% capacity.

Sri Lanka sees Sinopec starting work on $3.7-B refinery soon, bidding for another refinery expansion

The Sinopec refinery, approved in 2023, will have capacity to process 200,000 bpd of crude oil and will be located near the Chinese-built and operated Hambantota port in southern Sri Lanka.

Solvay doubles Zhenjiang production capacity of high-purity electronic grade hydrogen peroxide

Solvay officially opened a significant expansion at its Zhenjiang, China, facility, doubling its production capacity for electronic grade hydrogen peroxide (H2O2) annually.

NH3 Clean Energy and Pilbara Ports sign commitment agreement for lease of land at the Port of Dampier

NH3 Clean Energy Ltd. has signed a Commitment Agreement with Pilbara Ports Authority (Pilbara Ports) regarding the company’s intended lease of land at the Port of Dampier.

Sanctions-hit Nayara seeks Indian govt help to get refinery repair equipment

The private refiner has approached the Centre for High Technology, an advisory body under India's oil ministry, seeking assistance in sourcing specialized equipment, catalysts and other raw materials.

Indonesia's Pertamina to merge refinery, shipping and retail operations

Indonesian state energy firm PT Pertamina will merge the operations of its refinery, shipping and retail units to improve efficiency in its core business, CEO Simon Aloysius Mantiri said.