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Asia/Pacific

BASF to expand polyamide and polybutylene terephthalate capacities in India

BASF India Ltd. will increase the production capacity of its Ultramid® polyamide (PA) and Ultradur® polybutylene terephthalate (PBT) compounding plant in Panoli, Gujarat and Thane, Maharashtra, India.

KBR, Sumitomo form technology licensing alliance for sustainable propylene oxide production

KBR and Sumitomo Chemical announced that they have signed an alliance agreement to make KBR an exclusive licensing partner for Sumitomo Chemical's state-of-the-art propylene oxide by cumene (POC) technology.

Czech Republic to end Russian oil use in first half of 2025

The Czech Republic will end its use of Russian oil no later than the first half of 2025 as state pipeline firm MERO completes a capacity upgrade on the Transalpine Pipeline (TAL).

Goldman Sachs: Global LNG market to grow by 50% by 2029

Growth in oil investment shows signs of peaking in non-OPEC countries, while investment in liquified natural gas (LNG) is expected to increase more than 50% by 2029, according to Goldman Sachs Research.

Two killed in Lukoil refinery fire in northwestern Russia

A fire on Sunday at an oil refinery owned by Lukoil in Russia's Komi Republic region killed two people and left another seriously injured.

Digital Feature: Can ships run on biofuel?

This article from ExxonMobil focuses on utilizing biofuels in the shipping sector.

Lukoil expects to restart damaged NORSI oil refinery units in June

Russian second-largest oil producer Lukoil plans to resume operations at its damaged CDU-6 primary unit and catalytic cracker at the NORSI oil refinery in June following maintenance.

Supercritical Solutions, HAMR Energy receive funding for renewable methanol plant project

Jericho Energy Ventures announced that its portfolio company, Supercritical Solutions and HAMR Energy have been awarded nearly AUD $1-MM in funding from the Australia-UK Renewable Hydrogen Innovation Partnership.

Singapore middle distillates stocks slip on rising jet fuel/kerosene exports

Singapore's middle distillates inventories fell by more than 100,000 bbls in the week ended May 29 amid higher net jet fuel/kerosene exports, though diesel/gasoil net exports declined.

Russia's Tuapse oil refinery remains idle after May 17 drone attack

Rosneft's Black Sea oil refinery in Tuapse may remain idle until at least mid-June, despite being repaired after a May 17 drone attack, due to low profitability.