Asia/Pacific
China made rare draw on crude oil inventories amid weak imports
China dipped slightly into crude stockpiles in the first two months of the year as refiners processed more oil and imports remained weak.
China's January–February refinery output up 2.1% on holiday travel, new refinery
China's crude oil throughput in January and February rose 2.1% vs. a year earlier, official data showed on Monday, supported by a new refinery and holiday travel, but weak refining margins persisted.
U.S., Vietnam firms sign deals on energy and minerals
Vietnamese and Americans firms have signed a series of deals on energy and minerals during a visit to the United States by Vietnam's trade minister.
Singapore marine fuel sales slip to lowest in 20 months
Singapore marine fuel sales fell to their lowest in 20 months in February.
Indian refiners turn to Latin America, Africa to replace Russian oil in Feb.
India's crude oil imports from Latin America and Africa rose marginally in February as refiners turned to alternative sources, fearing a loss of Russian oil supplies caused by tighter U.S. sanctions.
U.S. propane exports have increased every year since 2007
U.S. propane exports averaged a record 1.8 MMbpd in 2024, the most since the U.S. Energy Information Administration (EIA) began collecting this data in 1973. U.S. propane exports increased for each of the last 17 years, with growth driven by higher demand in East Asia, mainly China, and a widening propane price differential between U.S. and global benchmarks.
Indonesia to build oil refineries with total capacity of 1 million bpd
Indonesia will build oil refineries on several of its islands, including Kalimantan and Sulawesi, with a total capacity of 1 million barrels per day, upgrading from a planned single refinery with a 500,000 bpd capacity, the energy minister said.
PetroChina in preliminary agreement with Germany's Mabanaft on expanding fuel sales to Europe
PetroChina International's London unit signed a preliminary agreement with German energy company Mabanaft to expand sales of Chinese refined fuel products to Europe, the Chinese state oil and gas trader said.
China SAF plants push back start-up amid lack of policy
Several Chinese builders of sustainable aviation fuel (SAF) plants are postponing start up as a lack of government policy guidance restrains them from marketing the fuel domestically or exporting it.
Chiyoda wins EPC for large-scale direct MCH demonstration plant
Chiyoda Corp. has been awarded an engineering, procurement and construction (EPC) contract by ENEOS for a large-scale direct methylclohexane electrosynthesis (Direct MCH) demonstration plant.
- KazMunayGas starts building polyethylene plant with Sinopec, SIBUR 4/1
- Blue Tide, Shell Lubricants complete re-refining facility to develop high-performance lubricants 4/1
- Lummus successfully starts up PFAS demo unit to destroy "forever chemicals" 4/1
- Solvay partners with Cavalinho to reduce emissions at Brazilian chemical plant 4/1
- Dow Chemical, X-energy to advance nuclear project at Dow's Seadrift chemicals facility (U.S.) 3/31
- Varo buys Swedish refiner Preem in bet on biofuels 3/31
