Asia/Pacific
Proman Stena Bulk holds naming ceremony for new methanol-powered tankers
Proman Stena Bulk, the joint venture between leading tanker company Stena Bulk and the leading methanol producer Proman, has formally christened Stena Provident and Stena Progressive, the final two vessels in its initial six-strong methanol-fueled tanker fleet.
DORIS, Axens, AWT International, SeaQuester and Surbana Jurong announce the CCS Hub Alliance decarbonization solution for hard-to-abate CO2 emitters
DORIS, Axens, AWT International, Sea-Quester Offshore and Surbana Jurong Infrastructure announce the formation of the CCS Hub Alliance, a partnership dedicated to delivering cost-effective and risk-reduced decarbonization solutions to hard-to-abate CO2 emitters.
The Royal Australian Air Force’s aerobatic display team Roulettes flies on SAF for the first time supported by Neste, Viva Energy and Vitol
During the Williamtown Air Show in Australia, the Roulettes, the Royal Australian Air Force's aerobatic display team, performed a first public display using Neste MY Sustainable Aviation Fuel.
Sri Lanka to ok Sinopec's $4.5-B refinery proposal
Sri Lanka will likely approve on Monday a proposal from Chinese state refiner Sinopec to build a $4.5-B refinery, the South Asian Island nation's energy minister said on Saturday.
India announces phased introduction of biogas blending for domestic use
India will start blending compressed biogas with natural gas to boost domestic demand and cut reliance on natural gas imports, the government said in a statement on Saturday.
Samsung Engineering commences Sarawak H2biscus green H2/ammonia FEED project in Malaysia
Samsung Engineering-along with Lotte Chemical, Korea National Oil Corp. and SEDC Energy-had a kick-off meeting, launching the FEED phase for the H2biscus green H2/ammonia project in Malaysia.
China oil demand growth poised to slow to around 4% in H1 2024
China's oil demand growth likely to ease in H1 2024 to around 4% with resurgent consumption from the aviation and petrochemical sectors offset by weaker diesel usage.
Singapore's middle distillates dip slightly amid surging exports
Singapore's middle distillates inventories fell marginally week-on-week as net exports of both gasoil and jet fuel/kerosene grew.
Japanese companies and Petronas to develop CCS project offshore Malaysia
Japanese companies have agreed to develop a carbon capture and storage (CCS) project with Malaysian energy firm Petronas which should start holding its first carbon dioxide (CO2) emissions from end-2028.
Maersk to buy 500,000 tpy of bio-methanol/e-methanol from China's Goldwind
Danish shipping group Maersk has agreed to buy 500,000 tpy of bio-methanol and e-methanol from China's Goldwind starting in 2026.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
