Asia/Pacific
Two new petrochemical plants are coming online in India
Two multi-billion-dollar petrochemical plants are coming online in India in coming months at a time of weaker-than-expected demand, setting the stage for fierce price competition domestically and internationally.
Vietjet and Novus Aviation Capital sign MoUs for aircraft financing, leasing, and SAF development
Vietjet and Novus Aviation Capital have signed Memorandum of Understandings to explore the establishment of an aircraft financing and leasing vehicle as well as collaborating on the supply of SAF in Vietnam alongside SAF One, Novus’s established and dedicated SAF platform.
India resumes imports of Venezuelan oil, Reliance seeks direct deal
Indian refiners have resumed Venezuelan oil purchases through intermediaries, with Reliance set to meet executives from state firm PDVSA next week to discuss direct sales following the easing of U.S. sanctions on the South American country.
Cosmo Oil and Yokogawa start exploring possibilities for refinery digitalization
Cosmo Oil Co., Ltd. and Yokogawa Electric Corporation announce that Cosmo Oil and the Yokogawa Electric subsidiaries Yokogawa Solution Service Corporation and Yokogawa Digital Corporation have joined forces to promote the digitalization of operations at refineries owned by Cosmo Oil.
WTO agrees dispute panel to review EU import duties on Indonesian biodiesel
World Trade Organization's dispute settlement body has agreed to establish a panel to review countervailing duties imposed by the European Union on imports of biodiesel from Indonesia.
Port Hedland, WA, boosts LNG production and bunkering, aiming for IMO 2050 'zero-emissions' with onboard hydrogen
Pilbara Clean Fuels Pty Ltd is progressing a development concept for a new, mid-scale, low carbon footprint LNG plant to be located at Port Hedland in Western Australia, the world’s largest iron ore export port.
Yokogawa and FPT Software ink global partnership to advance DX solution offerings
Yokogawa Electric Corporation and FPT Software Company Limited announce a global supplier framework agreement for the development and deployment of digital transformation services to strengthen operational technology-information technology convergence in the industrial sector.
Arkona Allied Container's 'Enviro Feeder' methanol-fueled fleet sets sail in 2025-2026
Arkona Allied Container has initiated 10 firm orders for the new methanol-powered "Enviro Feeder" container vessels.
Proman Stena Bulk holds naming ceremony for new methanol-powered tankers
Proman Stena Bulk, the joint venture between leading tanker company Stena Bulk and the leading methanol producer Proman, has formally christened Stena Provident and Stena Progressive, the final two vessels in its initial six-strong methanol-fueled tanker fleet.
DORIS, Axens, AWT International, SeaQuester and Surbana Jurong announce the CCS Hub Alliance decarbonization solution for hard-to-abate CO2 emitters
DORIS, Axens, AWT International, Sea-Quester Offshore and Surbana Jurong Infrastructure announce the formation of the CCS Hub Alliance, a partnership dedicated to delivering cost-effective and risk-reduced decarbonization solutions to hard-to-abate CO2 emitters.
- 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
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries