Asia/Pacific
Indonesia's Pertamina aims to finish revamping TPPI petrochemical plant in Q4
Indonesia's Kilang Pertamina Internasional, the refinery unit of state energy firm Pertamina, aims to finish revamping its petrochemical plant Trans-Pacific Petrochemical Indotama in the fourth quarter of this year.
Indorama Ventures achieves 100 billion PET bottles recycling milestone
Indorama Ventures Public Company Limited announces that it has recycled 100 billion post-consumer PET bottles since February 2011.
South Korea's SK Energy offers more October gasoil
South Korea's SK Energy, owned by SK Innovation, is offering more October-loading 10 ppm sulfur gasoil for sale, after selling around nine cargoes in the past few weeks.
Portugal's Galp to invest $426 MM in biofuels with Japan's Mitsui
Portuguese oil company Galp said it had teamed up with Japan's Mitsui to invest $426 MM in an industrial-scale plant to produce biodiesel and biojet fuel from waste at its Sines refinery.
ORLEN partners with Yokogawa to develop cutting-edge technology for SAF production
ORLEN and Yokogawa Europe announce they have joined forces to initiate industrial-scale production of carbon neutral SAF.
Oil prices rise as Russia fuel export ban stokes supply concerns
Oil prices rose as renewed global supply concerns from Russia's fuel export ban counteracted fears that slowing economies and high interest rates could crimp demand.
China climate envoy says phasing out fossil fuels 'unrealistic'
The complete phasing-out of fossil fuels is not realistic, China's top climate official said, adding that these climate-warming fuels must continue to play a vital role in maintaining global energy security.
Biden's IRA drives surge in U.S. imports of Chinese used cooking oil for biodiesel and SAF
Used cooking oil can be refined into fuels such as biodiesel and SAF, which can be blended with conventional fuels to reduce carbon emissions.
Vietnam's Nghi Son refinery to restart some units from Oct 7-9 after maintenance
Vietnam's largest oil refinery will restart some of its units from Oct 7-9 after it was shut down late last month for maintenance.
Singapore's middle distillates stocks stable; gasoil net exports slip for second week
Singapore's middle distillates inventories remained above 9 million barrels, official data showed, as net gasoil exports slipped for the second straight week, and jet fuel/kerosene net exports also fell.
- 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
