Asia/Pacific
China's September fuel oil imports slide to year-to-date low
China's fuel oil imports eased for a third consecutive month in September, hitting the lowest in the year so far, data from the General Administration of Customs showed.
Vietnam seeks Saudi Aramco's investment in petrochemicals, oil refining
Vietnam is seeking investment from oil giant Saudi Aramco in its petrochemical and oil refinery projects, the Southeast Asian country's government said.
China and India struggle to curb fossil fuels
China and India are burning record amounts of fossil fuels this year, even as they also install record renewable power generation capacity, highlighting the slow pace and enormous inertia to be overcome in the energy transition.
China's September oil refinery throughput surges to record daily rate
China's oil refinery throughput in September hit a record daily rate up 12% from a year earlier as refiners increased run rates to cater for strong demand for transport fuel over the Golden Week holiday and improving manufacturing.
Shipping industry off track to meet 5% zero-emission fuel target by 2030
The world is not on track for zero-emission fuels to account for 5% of international shipping fuels by 2030, a new analysis has found, jeopardizing the shipping industry's 2050 decarbonization goal.
Diesel is subsidizing other fuels in Asia, but beware China
The profit for turning a barrel of crude oil into refined fuels in Asia has slipped to the lowest in three months, even though the margin on diesel remains elevated.
China's Sinopec signs equity agreement for Kazakh polyethylene project
China's Sinopec has signed an equity agreement with Kazakh state-owned oil and gas firm KazMunayGas JSC for a 30% stake in a planned polyethylene project in Kazakhstan.
Automakers blast U.S. plan to hike fuel efficiency rules
A group representing General Motors, Toyota Motor, Volkswagen and nearly all other major automakers sharply criticized the Biden administration proposal to drastically hike fuel efficiency requirements.
EXMAR hits milestone to equip new Midsize Gas Carriers with ammonia dual-fuel engines
EXMAR LPG BV is going ahead with ammonia as fuel for two Midsize Gas Carriers on order at Hyundai Mipo Dockyard in South Korea.
Singapore September bunker sales steady at 4.26 M tons
Singapore's marine fuel sales, also known as bunker sales, were steady in September month-on-month as vessel calls and container throughput were little changed.
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