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Asia/Pacific

Korean Air to expand cargo SAF program with Yusen Logistics

Korean Air has partnered with Yusen Logistics, a global logistics company, to further promote the use of SAF in the air cargo industry.

Singapore's middle distillates stocks at 5-mth low on higher jet fuel/kerosene exports

Singapore's middle distillates stockpiles hit a five-month low as higher jet fuel/kerosene exports outweighed declines in gasoil/diesel exports.

Celanese begins carbon capture and utilization operations at Clear Lake, Texas (U.S.) facility

Celanese Corporation announced it has begun running a carbon capture and utilization project at its Clear Lake, Texas (U.S.), site as part of its Fairway Methanol joint venture with Mitsui & Co., Ltd.

China's oil production rises to 208 MMt in 2023

China's crude oil production rose to 208 MMt in 2023, equivalent to 4.16 MM bpd.

KBR green ammonia technology selected by Lotte Chemical Corporation for H2biscus Project in Malaysia

KBR announced that its K-GreeN technology has been selected by a consortium consisting of Lotte Chemical, Korea National Oil Corp and Samsung Engineering for Lotte Chemical's H2biscus green ammonia project development in Sarawak, Malaysia.

India's ONGC sees oil production rise 11% after east coast block starts output

India's Oil and Natural Gas Corp said it expected total oil output to climb 11% after its project off the country's east coast started producing oil.

India's fuel demand hits seven-month high in December

India's fuel consumption rose to a seven-month high in December to about 20.054 MMt, data from the Petroleum Planning and Analysis Cell of the oil ministry showed.

Japan's Toa Oil shuts 70,000 bpd Keihin CDU due to glitch

Japanese refiner Toa Oil, a unit of Idemitsu Kosan, has shut a 70,000 bpd sole CDU at the Keihin refinery, near Tokyo, due to a system glitch.

India to sign 5-year energy MoU with Guyana

India approved signing a 5-year MoU with Guyana to cooperate in the hydrocarbon sector as the South Asian nation looks to diversify its oil import sources.

Iran's oil trade with China stalls as Tehran demands higher prices

China's oil trade with Iran has stalled as Tehran withholds shipments and demands higher prices from its top client, tightening cheap supply for the world's biggest crude importer.