Asia/Pacific
Russia plans to open sea terminal for LPG exports to Asia by end of 2025
Russia will likely open its first liquefied petroleum gas (LPG) terminal on the Pacific Ocean coast with joint investments from China by the end of 2025.
Malaysia to cut diesel subsidies, saving $852 MM/yr
Malaysia will begin cutting fuel subsidies to bolster its fiscal position starting with diesel, a move that will save about 4 $852 MM/yr.
Indian refiner Reliance's April Russian oil imports up 11% month-to-month, India's Russian oil imports at 9-month high
India's Reliance Industries Ltd., operator of the world's biggest refining complex, shipped in about 351,600 bpd of Russian oil in April, up nearly 11% from the previous month.
Digital Exclusive: Supporting the shipping sector’s decarbonization to a carbon-free future
As the speed of new fuel development ramps up, the challenge for lubricant manufacturers is to stay ahead of those changes to ensure that, when those fuels do become commercially viable, lubricant solutions are available that are tried, tested and ready to support shippers as they evolve towards a carbon-free future.
China's April gasoline exports fall to lowest level since July 2015 on recovering domestic demand
China's gasoline exports in April fell to the lowest level since July 2015, as domestic travel and fuel use increased in the recovering economy.
China boosts crude oil storage amid soft refinery processing
The pace at which crude oil flowed into China's stockpiles increased in April as slower refinery processing outweighed a decline in imports.
Pakistan-China to sign MoU on oil-to-chemicals complex in June
During Prime Minister Shehbaz Sharif's visit to Beijing in June, China and Pakistan are expected to sign a memorandum of understanding (MoU) on a crude-to-petrochemical refinery project.
China biofuel makers bet on sustainable aviation fuel
Biofuel firms are pouring more than $1 B into building China's first plants to turn waste cooking oil into aviation fuel for export and meet domestic demand, once Beijing mandates the fuel's use on airplanes to cut emissions.
China's refinery output falls for first time in 20 mos due to maintenance
China's refinery output fell 3.3% in April from a year earlier, the first annual decline in 20 mos, as large refiners carried out regular maintenance and small independent plants curbed production due to thin profit margins.
Dow, SCG Chemicals sign MoU to transform 200,000 tpy of plastic waste into circular products
Dow and SCG Chemicals have signed of a first-of-its kind memorandum of understanding (MoU) circularity partnership in the Asia-Pacific region to transform 200,000 tpy of plastic waste into circular products by 2030.
- Neste, Mitsubishi Corporation agree on strategic partnership to develop supply chains for renewable chemicals and plastics 7/16
- Tecnimont awarded green ammonia plant study in India 7/15
- Audi, bp team up with strategic sustainable fuels partnership for Formula 1 7/15
- Iowa biodiesel industry commends Rep. Hinson on letter to EPA 7/15
- Singapore's 1H 2024 bunker sales rise on year but June sees a monthly decline 7/15
- Russia may reinstate gasoline export ban from August if shortages worsen 7/15
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
