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Asia/Pacific

Stranded cargo shows credit challenges at Nigeria's Dangote refinery

Chinese state energy major PetroChina has been waiting to unload a cargo of U.S. crude at Nigeria's giant new refinery for nearly a month due to payment issues.

Singapore fuel oil stockpiles hit 20-week lows

Singapore's onshore fuel oil stockpiles slipped to 20-week lows after net imports declined, data showed.

LG Chem denies report it will merge naphtha cracker business with Lotte Chemical

South Korean petrochemical company LG Chem denied a media report saying it is considering merging its naphtha cracker business with rival Lotte Chemical.

JX to join forces with Sumitomo at large scale SAF/BECCS project in Louisiana (U.S.)

JX Nippon Oil & Gas Exploration Corporation and Sumitomo Corporation executed consortium agreements to manage investment in the Louisiana Green Fuels BECCS project  at Port of Columbia, Caldwell Parish, Louisiana (U.S.).

Neste premieres at Chinaplas: showcasing possibilities of bio-based and recycled materials for plastics

Together with its partners, Neste, a producer of renewable diesel, sustainable aviation fuel and renewable feedstock for polymers and chemicals, will be showcasing plastic products made with Neste RE at this year’s Chinaplas in Shanghai from April 22 to 26.

Hanwha Ocean, Amogy and Hanwha Aerospace forge partnership to decarbonize maritime sector with ammonia as a zero-emission fuel

Hanwha Ocean, Amogy and Hanwha Aerospace announced a partnership aimed at accelerating the decarbonization of the maritime industry through the deployment of Amogy’s zero-emission ammonia-to-power technology for ammonia-powered vessels. 

BHP says it aims to receive first ammonia-fueled bulk carrier in 2026

Australia's BHP Group is planning to receive its first ammonia-fueled bulk carrier in 2026 as part of the company's plans to cut shipping emissions.

Biofuels refiner Ecoceres expects Malaysia unit to start up in second half 2025

Biofuels refiner Ecoceres is aiming to start up its Malaysia-based biofuels production unit in the second half of 2025.

China's March jet fuel exports jump 77.4% from a year earlier

China's jet fuel exports in March surged to 1.98 MMt, up 77.4% from the previous year, as international flight volumes ramped up.

Singapore fuel oil stockpiles rebound to 8-week high on higher imports

Singapore's onshore fuel oil stockpiles rebounded to an eight-week high amid an increase in imports.