Asia/Pacific
New Zealand's fuel shortage hits more flights and petrol stations
WELLINGTON (Reuters) — New Zealand's jet fuel shortage on Tuesday forced 39 flights to be cancelled, 13 of them international, with concerns the fuel crisis may spread after fuel stations in the country's largest city Auckland halted high-octane gasoline sales.
Taiwan suspends oil exports to North Korea, imports of clothing
TAIPEI (Reuters) — Taiwan has suspended refined oil and LNG exports to North Korea, as well as clothing and textile imports, to comply with United Nations resolutions, a largely symbolic move by the island to show it is a responsible member of the international community.
China's private-led refinery complex in Zhejiang to start operations in 2020
(Reuters) — China’s first private-led refinery complex in the eastern province of Zhejiang is expected to start operations in 2020, China Securities News reports, citing a provincial governor, a timeline behind what the company had earlier predicted.
Bahrain to sign Bapco's expansion contracts before year end
DUBAI (Reuters) — Bahrain’s oil minister said on Sunday he expects expansion contracts for Bahrain Petroleum Company (Bapco) to be signed before the end of the year, state news agency BNA reported.
Japan's rural elderly reverse gas station closures
TOKYO (Reuters) — In Shimukappu, a village on Japan’s northern island of Hokkaido and home to a popular skiing resort, residents are to reopen the sole gas station in the area, which closed 4 yr ago as sales declined.
North Korea fuel prices soar after U.N. sanctions capping supply
(Reuters) — Gasoline and diesel prices rose sharply in North Korea after its sixth nuclear test and as the U.N. Security Council imposed new sanctions capping fuel supply, market data analyzed by Reuters on Monday showed.
New Zealand military called in after pipeline leak hits air travel
WELLINGTON (Reuters) — New Zealand called in its defense force on Monday to help move fuel around the country after a burst oil pipeline triggered a jet fuel shortage, causing dozens of flight cancellations and disrupting the plans of thousands of airline passengers.
China's Unipec to ship first VLCC of diesel to Europe
SINGAPORE (Reuters) — Unipec, the trading arm of China’s state-owned Sinopec, is shipping its first very large crude carrier (VLCC) of diesel from China to Europe, two sources close to the matter said on Friday.
S.Korea's Iranian crude oil imports rise around 40% on year in Aug
SEOUL (Reuters) — South Korea's imports of Iranian crude oil increased 40.2% in August from the same month a year earlier, with its refiners snapping up competitively priced cargoes from the Middle Eastern nation.
CNPC, Eni sign new cooperation agreement
ROME — China National Petroleum Corporation (CNPC) and Eni signed cooperation agreement in order to cooperate in oil & gas exploration and production, gas and LNG value chain opportunities, trading and logistics opportunities, refining and petrochemicals. The partnership will regard both China and overseas activities.
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