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Asia/Pacific

AM Green Ammonia reaches FID on its first MMt green ammonia project in India

AM Green Ammonia B.V. has achieved final investment decision (FID) for its first million-ton (MMt) green ammonia project located in Kakinada, Andhra Pradesh, India.

Acer, Cathay Cargo and Dimerco join forces to reduce carbon emissions via SAF

Cathay Cargo and Dimerco Express Group are joining forces to reduce carbon emissions in aviation. Acer and its logistics provider Dimerco have signed an agreement to support sustainable aviation fuel (SAF) use on Cathay Cargo’s flights, beginning from 2024.

Seven injured in fire at Russia's Omsk oil refinery, production continues

Seven people were sent to the hospital, with one in a serious condition, after a fire at Russia's Omsk oil refinery, although the plant said it was operating as normal and production plans would not be affected.

PetroChina posts record interim profit, but fuel sales decline

China's largest oil and gas company PetroChina's first-half net income hit a new high, up 3.9% compared with a year ago, as higher oil and gas prices outweighed the impact of reduced refining profits.

Sinopec's H1 profit up on record output despite lower product demand

China's Sinopec posted a 2.6% rise in net profit for the first half of the year as record oil and gas output compensated for falling domestic demand for refined fuel and petrochemicals.

KazMunayGas, CNPC carbamide project at Zhanazhol gas processing plant to cost $1.5 B

The carbamide project that will be carried at the Zhanazhol gas processing plant in Kazakhstan will cost $1.5 B with capacity for 1.2 metric MMtpy.

China's biofuel firm Jiaao brings in bp as investor for SAF unit

Chinese biofuel firm Zhejiang Jiaao Enprotech said on Friday its sustainable aviation fuel (SAF) unit has entered an investment deal with bp, the first alliance involving a global oil major in China's nascent green aviation fuel.

SIBUR might start producing metallocene polyethylene using domestic technology

Russian petrochemical group SIBUR might start using domestic technology developed by the Russian Academy of Sciences (RAS) in the production of metallocene polyethylene in Nizhnekamsk.

Update: Indonesia to implement B40 palm oil biodiesel on Jan. 1, 2025

Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, lifting prices of the vegetable oil to a more than two-week high.

China’s Rongsheng Petchem buys its first Canadian Kearl Lake crude from Exxon

Chinese refiner Rongsheng Petrochemical has bought 1.65 MMbbl of Canadian crude oil to be exported from the Trans-Mountain pipeline for delivery in November, including its first cargo of Kearl Lake crude.