Asia/Pacific

Nikkiso unveils next-generation ammonia pump for a range of applications

Iraq in talks with ExxonMobil on Asian refining capacities

Iraq's state oil company SOMO is in advanced talks with ExxonMobil over a possible agreement to secure storage capacity in Singapore using tanks owned by the U.S. oil major, as well as refinery capacity deals.

TotalEnergies sees Brent-Dubai crude price gap remaining negative, making sweet grades more attractive to Asian refiners

The price gap between Brent and Dubai crude is expected to remain negative due to strong demand for heavier Middle Eastern oil, despite increasing supplies from OPEC nations

Chevron seeks diversified approach to refinery investments

"There'll be places like Korea where we go investment heavy in petrochemicals and in heavy oil upgrading."

China oil demand to peak in 2027, up 100,000 bpd this year

China's total oil demand including all products is set to peak in 2027, with a rise of about 100,000 bpd this year driven by increased volumes from the petrochemicals sector, a state oil researcher said.

Ukraine imports Indian-origin diesel fuel after loss of key refinery

The loss of Ukrainian oil refineries this summer has forced traders to compensate with imports, purchasing diesel fuel even from India, which imports a significant portion of its crude oil from Russia, an analyst said.

HIF Global to revitalize Burnie’s former Pulp Mill site with eFuels facility

HIF Global has announced that it plans to locate the HIF Tasmania eFuels Facility at the former Burnie Paper Mill site in South Burnie.

Steel cut for Yara Eyde: The world’s first ammonia-powered container ship

This milestone marks the official start of construction for a vessel that will transform short-sea shipping and demonstrate the potential of ammonia as a low-emission fuel.

Axens kicks-off first worldwide full-SAF unit in Asia

Axens has successfully started up 100% sustainable aviation fuel (SAF) unit at site in Asia. The facility has the capacity to entirely convert 300,000 tpy of renewable feedstock into high-value SAF.

West hits ‘peak sanctions’ on Russia’s energy sector

The complex web of Western sanctions targeting Russia’s oil and gas industry has failed to impede Moscow’s energy flows or its war effort, suggesting that time and overuse are blunting the force of U.S. and European financial weapons.