Asia/Pacific
Sinopec NZRCC selects Lummus' polypropylene technology for large-scale plant in China
Lummus Technology announced a contract from Sinopec Ningbo Zhenhai Refining & Chemical Co. Ltd. to license Lummus' Novolen technology for a new 500 ktpa polypropylene plant in Ningbo, China.
Vietnam's largest refinery Nghi Son says major maintenance completed
Vietnam's largest refinery Nghi Son completed major maintenance at the facility, one week ahead of schedule.
Global diesel prices soften as inventories edge upward
Global distillate fuel oil inventories remain much lower than normal for the time of year but there are signs they are no longer falling which has eased some of the upward pressure on prices.
India wants Saudi Aramco to develop strategic petroleum reserve as ties strengthen
India wants Saudi Arabia's Aramco to participate in its planned 6.5 Mmt strategic petroleum reserve program as the South Asian nation wants to strengthen ties with its key oil supplier.
Indonesia's Garuda conducts test flight with palm oil-blended jet fuel
Flag carrier Garuda Indonesia said it has completed a test flight using a palm oil-blended jet fuel on a Boeing 737-800NG aircraft.
India's September fuel demand slips 2% month-on-month
India's fuel consumption dropped 2% month-on-month in September, data from the Petroleum Planning and Analysis Cell of the oil ministry showed.
Vietnam's largest refinery Nghi Son restarting after maintenance
Vietnam's largest refinery, Nghi Son, is in the process of a restart after major maintenance that began late August.
Indonesia's Jan-Sept biodiesel consumption at about 2 T gallons
Indonesia's consumption of palm oil-based biodiesel for the first nine months of this year was about 2 trillion gallons.
Masdar and Boeing join forces to accelerate the SAF industry in the UAE and globally
Masdar is teaming up with aerospace company Boeing to propel the SAF industry in the UAE and globally with the partnership aiming to further support the commercial aviation industry’s goal of achieving net-zero emissions by 2050.
China is swing factor in diesel’s global squeeze
As demand enters peak season, Xi’s ability to dictate how much Chinese oil companies export looks like the key swing factor.
- 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
