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Asia/Pacific

EIA: More Chinese crude oil imports coming from non-OPEC countries

China is the world’s largest net importer of crude oil, and in recent years, China’s crude oil imports have increasingly come from countries outside the Organization of the Petroleum Exporting Countries (OPEC).

US to launch probe into Argentina, Indonesia biodiesel imports

WASHINGTON/JAKARTA (Reuters) -- The United States said on Thursday it would start an investigation into imports of biodiesel from Indonesia and Argentina for possible dumping and subsidization.

Japan March petchem naphtha imports rise 14% y/y

TOKYO (Reuters) -- Japan's naphtha imports for the petrochemical sector rose 14% in March from the same month a year earlier, government figures showed on Friday.

Zhejiang Petroleum awards DuPont contract for sulfuric acid regeneration unit

WILMINGTON, Del. – Zhejiang Petroleum and Chemical Co. (ZPC) in China has awarded and signed contracts for the engineering, technology license and proprietary equipment for a MECS sulfuric acid regeneration (SAR) unit, licensed by DuPont Clean Technologies.

China crude oil imports shatter record, top US intake

BEIJING (Reuters) -- China's crude oil imports surged to an all-time high in March to nearly 9.2 MMbpd, customs data showed on Thursday, far surpassing expectations and overtaking the United States as independent refiners ramped up their purchases.

China's Sinopec says fire at rubber warehouse has been put out

BEIJING (Reuters) -- Sinopec Corp said on Thursday that a fire in a warehouse at a petrochemical and refining complex in southern China operated by one of its subsidiaries was put out at 2:20 pm local time and had not affected production.

For North Korea, cutting off oil supplies would be devastating

BEIJING/SEOUL (Reuters) -- Isolated North Korea doesn't consume much oil, but curbing or cutting off its supplies in retaliation for further nuclear or long-range missile tests would be painful and potentially destabilizing to the regime of Kim Jong Un.

Uniper's ULSFO facility in Fujairah sends cargoes to Europe, Asia

DUBAI (Reuters) -- Supplies of ultra-low-sulfur fuel oil (ULSFO) from the United Arab Emirates are becoming commonplace as Uniper ramps up production at its Fujairah facility, commissioned since the start of the year.

Low-sulfur gasoil deliveries for April rise at expiry

(Reuters) -- Deliveries of low-sulfur gasoil for April rose to 3,340 lots, or 334,000 t, InterContinental Exchange data showed on Wednesday.

Saudi Aramco to supply full crude contract volumes to Asia, offers more light oil

SINGAPORE/TOKYO (Reuters) -- The world's top oil exporter Saudi Arabia has stepped up sales of light oil to Asia by offering buyers more cargoes on top of the full contract volumes it will provide for May, industry sources with knowledge of the matter said on Wednesday.