Asia/Pacific
Russia's Yaroslavl refinery FCCU shut for 2-weeks unplanned maintenance
Russia's Yaroslavl oil refinery (YANOS) operated by Slavneft, a subsidiary of Rosneft and Gazprom neft, has shut its gasoline-producing fluid catalytic cracking unit (FCCU) for unplanned maintenance expected to last two weeks.
KBR's ROSE technology selected by Zhejiang Petroleum for the largest SDA unit in China
KBR has been awarded a contract for its ROSE® supercritical solvent de-asphalting (SDA) technology from Zhejiang Petroleum & Chemical Co. Ltd. (ZPC), a subsidiary of Rongsheng Petrochemical Co. Ltd. in China.
Russia's September western port oil loadings to rise 1.5% m/m despite seasonal refinery maintenance
Russia will increase oil exports via its western ports to 1.98 MMbpd in September, up by just 30,000 bpd from August, despite the expected start of seasonal maintenance on Russian refineries.
Transition to cleaner fuels seen dragging on China's oil demand growth
China's shift towards lower-carbon fuels and a sluggish economy are dampening oil demand growth in the world's largest crude importer.
Gunvor growing Asia operations, expanding into LPG, naphtha, gasoline, aromatics, power
Global energy trader Gunvor Group is growing its Asia operations to expand in existing markets such as liquefied petroleum gas (LPG), naphtha, gasoline and aromatics as well as into new areas including power.
Asia refining margins at lowest seasonal levels since 2020 as supplies grow
Asian refiners' margins slumped to their lowest seasonal levels since 2020 this week as supplies of diesel and gasoline rose after peak summer travel demand ended
Malaysia launches aviation decarbonization drive targeting net-zero emissions by 2050
Malaysia is targeting net-zero emissions in its aviation sector by 2050 through the launch of a decarbonization plan.
Singapore's middle distillates stocks rebound to more than 11 MMbbl
Singapore's middle distillates stockpiles climbed back above 11 MMbbl despite a rise in net exports for diesel/gasoil and jet fuel/kerosene.
Ethanol push turns India into corn importer, shaking up global market
A push by India to make more corn-based ethanol has turned Asia's top corn exporter into a net importer for the first time in decades, squeezing local poultry producers and scrambling global supply chains.
Indorama Ventures, Dhunseri and Varun Beverages plan multiple cutting-edge recycling facilities in India
Indorama Ventures Public Co. Ltd., a global sustainable chemical producer, through its direct subsidiary IVL Dhunseri Petrochem Industries Ltd., and Dhunseri Ventures Ltd. have formed a joint venture (JV) with Varun Beverages Ltd., PepsiCo's second-largest bottling company globally outside the U.S., to establish several greenfield state-of-the-art polyethylene terephthalate (PET) recycling facilities in India.
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