Asia/Pacific
Maersk names first vessel of its large methanol-enabled fleet “Ane Maersk”
The world’s first large methanol-enabled container vessel has been named "Ane Maersk" at a ceremony in the shipyard of HD Hyundai Heavy Industries in Ulsan, South Korea.
Singapore fuel oil inventories slip on lower imports, higher bunker demand
Singapore onshore inventories of residual fuel oil slipped for a second straight week on lower imports, while more demand for marine bunkers also led to a drawdown.
India expects fuel demand to grow 2.7% in the next fiscal year
India's fuel consumption is expected to rise 2.7% in the next fiscal year beginning on April 1, initial government estimates showed.
PolyU develops high-efficiency CO2 electroreduction system for reducing carbon footprint and progressing carbon neutrality goals
To combat climate change and move towards the goal of carbon neutrality, researchers from The Hong Kong Polytechnic University have developed a durable, highly selective and energy-efficient CO2 electroreduction system that can convert CO2 into ethylene for industrial purposes to provide an effective solution for reducing CO2 emissions.
Woodside says Santos merger talks still at early stage as it forecasts higher production
Woodside Energy CEO Meg O'Neill said there was no recent precedent for sizable premiums in oil and gas deals as the producer reported it was still in the early stages of talks over a potential $52-B merger with Santos.
Solvay and Huatai expand hydrogen peroxide capacity in China to meet growing photovoltaic demand
Solvay is further extending its leadership position in the global hydrogen peroxide market by expanding the capacity of its Shandong Huatai Interox Chemical site in China.
Proactive Decision-Making for Emissions Management: The Roadmap to Net Zero
Industry leaders have committed to achieving net-zero carbon emissions by 2050.
India defers $602-MM plan to fill parts of strategic petroleum reserve
India has deferred a $601.78 MM plan to fill parts of its strategic petroleum reserve, keeping in mind emerging trends in oil markets.
China's 2023 low-sulfur marine fuel exports up 3% from 2022
China's exports of low-sulfur marine fuels last year rose 3.2% from 2022.
Saudi's SABIC gives go-ahead for $6.4-B China petrochemical plant
Saudi Basic Industries Corp will go ahead with building a petrochemical complex in southeastern China's Fujian province, shoring up Saudi ties with China, the world's top oil importer.
- Essar launches hydrogen power plant at Stanlow refinery (U.K.) 7/16
- Trelleborg partners with Airbus on hydrogen-powered air travel 7/16
- Neste, Mitsubishi Corporation agree on strategic partnership to develop supply chains for renewable chemicals and plastics 7/16
- Vale, Komatsu and Cummins announce collaboration to develop dual-fuel large trucks, powered by ethanol and diesel 7/16
- Mexico–U.S. energy trade value fell in 2023 on lower fuel prices 7/16
- Belarus' Mozyr oil refinery restoring operations after outage due to storm 7/16
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
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- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries