Asia/Pacific
Pertamina expects Balikpapan's CDU IV to resume later this month
Indonesian state energy company Pertamina expects its Balikpapan refinery's CDU IV to resume operations later this month, an official at its refinery subholding PT Kilang Pertamina Internasional (KPI) said.
Neste, Mitsubishi Corporation agree on strategic partnership to develop supply chains for renewable chemicals and plastics
Neste and Mitsubishi Corporation (“MC”) have agreed to establish a strategic partnership focusing on developing value chains for renewable chemicals and plastics for and with Japanese brands. The partners are targeting brands in industries such as food and beverage, apparel, and consumer electronics.
Belarus' Mozyr oil refinery restoring operations after outage due to storm
The Mozyr oil refinery, one of two large oil processing plants in Belarus, is getting back on track following outages due to a storm on Sunday.
Japan to boost jet fuel production and imports amid tourism boom
Japan plans to increase jet fuel production and imports to address an increase in demand from flights amid a boom in tourism.
Tecnimont awarded green ammonia plant study in India
MAIRE announced that TECNIMONT (Integrated E&C Solutions), through its Indian subsidiary Tecnimont Private Limited (TCMPL), together with NEXTCHEM (Sustainable Technology Solutions), has been awarded an engineering design study (first phase of the front-end engineering design) contract by Sembcorp Green Hydrogen India Pvt Ltd for a green ammonia plant to be located in India.
Singapore's 1H 2024 bunker sales rise on year but June sees a monthly decline
Sales of marine bunker fuel at Singapore climbed 8.5% in 1H 2024, official data showed on Monday, as shipping disruptions in the Red Sea boosted global bunkering demand, though demand slowed month-on-month in June.
Russia may reinstate gasoline export ban from August if shortages worsen
Russia might decide to reinstate a gasoline export ban from August should there be supply shortages on the domestic fuel market.
Russian oil refineries cut processing 4% y/y in January–June
Russian oil refineries reduced their throughput in the first half of the year by 4% year on year (y/y) to 131.8 metric MMt, calculations based on data from industry sources showed on Monday, as Ukraine hit the facilities with drones.
Japan, S. Korea refiners join China in buying Canadian TMX oil
Asia's crude oil imports from Canada's newly expanded Trans Mountain pipeline will rise in September as major refiners in Japan and South Korea and a refinery in Brunei have bought their first cargoes alongside China.
bp Energy Outlook: Two main scenarios see 2025 oil peak, rapid renewables growth
bp expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 the company published on Wednesday.
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