Asia/Pacific
India's Nov Russian oil imports up 3% from Oct - trade
India's Russian oil imports in November rose to a 4-month high of 1.6 MM bpd, up 3.1% from October, making up about 36% of the nation's overall imports last month.
Singapore fuel oil inventories rebound to near three-month highs
Residual fuel oil inventories at key trading hub Singapore rebounded to nearly three-month highs as net imports recovered after a sharp decline last week.
Japanese refineries close as the country's petroleum consumption falls
The U.S. Energy Information Administration forecasts the lowest annual petroleum consumption in Japan in 2024 since at least 1980, in part due to its aging and declining population.
Mott Corporation and South Korean partner DL E&C announce eight-figure agreement with S-Oil to advance cutting edge chemical production
Mott Corporation, a global leader in filtration and flow control solutions, announced a new eight-figure agreement with South Korean refinery S-OIL. Mott and its Korean partner DL E&C are teaming up to provide critical filtration technology for S-OIL’s groundbreaking Shaheen project in Ulsan, South Korea.
China's SPIC plans $5.9-B investment turning green hydrogen into fuel
China's State Power Investment Corp announced a $5.85-B investment plan in northeast China to produce fuel from hydrogen produced from wind power, according to a company official and a local government report.
X-Press Feeders plans to use green methanol for ships in Europe in Q2 2024
Singapore-based container shipper X-Press Feeders plans to use green methanol bunker to fuel part of its fleet in Europe in the second quarter of 2024.
China Shipbuilding’s and Lemissoler’s first methanol-fueled Ultramax bulk carrier receives ABS approval
ABS issued an approval in principle to Lemissoler Navigation for its design of a 65K DWT methanol-fueled Ultramax bulk carrier, the first such methanol vessel for China’s shipbuilding industry.
Australia's Woodside, Santos in talks for $53-B oil-gas merger
Australia energy companies Woodside and Santos Ltd said that they are in preliminary merger talks, in what could be the latest big deal in a wave of global consolidation the in oil and gas sector.
India’s Russian oil imports seen rising on lower prices
Easing global oil prices would help India boost imports from Russia as a lower than $60 a barrel price of Russian oil will enable buyers to use Western services such as insurance and ships.
Indonesia allots 13.41 MM kiloliters of biodiesel for mandatory blending in 2024
Indonesia has allotted 13.41 million kiloliters of biodiesel for mandatory blending in 2024, slightly more than this year's allocation.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
