Asia/Pacific
South Korea's SK Energy offers more October gasoil
South Korea's SK Energy, owned by SK Innovation, is offering more October-loading 10 ppm sulfur gasoil for sale, after selling around nine cargoes in the past few weeks.
Portugal's Galp to invest $426 MM in biofuels with Japan's Mitsui
Portuguese oil company Galp said it had teamed up with Japan's Mitsui to invest $426 MM in an industrial-scale plant to produce biodiesel and biojet fuel from waste at its Sines refinery.
ORLEN partners with Yokogawa to develop cutting-edge technology for SAF production
ORLEN and Yokogawa Europe announce they have joined forces to initiate industrial-scale production of carbon neutral SAF.
Oil prices rise as Russia fuel export ban stokes supply concerns
Oil prices rose as renewed global supply concerns from Russia's fuel export ban counteracted fears that slowing economies and high interest rates could crimp demand.
China climate envoy says phasing out fossil fuels 'unrealistic'
The complete phasing-out of fossil fuels is not realistic, China's top climate official said, adding that these climate-warming fuels must continue to play a vital role in maintaining global energy security.
Biden's IRA drives surge in U.S. imports of Chinese used cooking oil for biodiesel and SAF
Used cooking oil can be refined into fuels such as biodiesel and SAF, which can be blended with conventional fuels to reduce carbon emissions.
Vietnam's Nghi Son refinery to restart some units from Oct 7-9 after maintenance
Vietnam's largest oil refinery will restart some of its units from Oct 7-9 after it was shut down late last month for maintenance.
Singapore's middle distillates stocks stable; gasoil net exports slip for second week
Singapore's middle distillates inventories remained above 9 million barrels, official data showed, as net gasoil exports slipped for the second straight week, and jet fuel/kerosene net exports also fell.
Indian chemicals maker Epigral expects revenue from newer CPVC products to surge this year
Indian chemicals maker Epigral will keep diversifying its business and expects the share of revenue from new products to expand significantly this year.
India's ONGC willing to wait to regain oil from Russian project
India's state-run Oil and Natural Gas Corp wants to eventually receive a share of crude from a Russian project it partly owns but is willing to wait because Russian oil is hard to ship right now.
- 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
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