Asia/Pacific
China's Hengyi Petrochemical to proceed with Brunei refinery expansion
The expansion aims to enhance Hengyi’s refining and petrochemical capabilities while supporting Brunei’s downstream industrial development.
India asks refiners for weekly Russian oil import data as it seeks U.S. trade deal
India became the biggest buyer of discounted Russian seaborne crude following the 2022 outbreak of the Ukraine war. But those purchases have fueled a backlash from Western nations, which have targeted Russia's energy sector with sanctions, arguing that oil revenues help fund Moscow's war effort.
Indian Oil buys first Colombian oil under Ecopetrol contract
Indian refiners are scouting for crude as tighter U.S. and European Union sanctions on Moscow's producers and vessels are disrupting Russian oil imports.
China begins issuing second batch of 2026 crude import quotas to refiners
The newest allocation, combined with a small batch issued in late November, accounts for about 70% of the refiner's total quota for next year.
Five energy market trends to track in 2026, the year of the glut
This past year was a wild one for the oil and gas industry, punctuated by the 12-day Israel-Iran war in June, U.S. President Donald Trump's trade wars, the intensified targeting of energy infrastructure in Russia in its war against Ukraine, OPEC’s often perplexing production decisions and the recently threatened U.S. blockade of Venezuela.
Eneos plans to shut Marifu CDU in mid-January for maintenance
The refiner, a unit of Eneos Holdings, restarted the 172,100-bpd No. 2 CDU at its Kawasaki refinery near Tokyo on November 21 after it had been shut since August 16 for a planned turnaround.
China's 2026 first batch fuel export quotas steady year on year
China manages its refined fuel exports via a quota system to balance the supply-demand fundamentals in its local market.
Singapore fuel oil stockpiles rise to two-week high
Onshore fuel oil stockpiles in Singapore rose to a two-week high, as both imports and exports rose from the previous week.
Asia refinery 2025–2026 maintenance/outages
The table lists planned and unplanned refinery shutdowns for 2025 and 2026 compiled through a survey of Asian oil refiners and market sources.
Indonesia allocates 15.65 MM kiloliters of biodiesel for 2026
Of the total allocation, 7.45 MMkl have been earmarked for the public service obligation (PSO), which covers sectors such as public transportation and whose sales will be subsidized by the country's palm oil fund.
- Honeywell collaborates with SAF One and Tata Projects to enable sustainable aviation fuel production 1/29
- Casale and OMNI Sign MoA to jointly advance waste-to-green methanol and hydrogen technologies 1/29
- GIZ and thyssenkrupp nucera partner to advance green hydrogen and power-to-X markets in India 1/29
- IACS issues new Unified Requirement on ammonia release mitigation systems 1/29
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project 1/29
- Technip Energies awarded two large contracts by BPCL for new units at Bina and Mumbai refineries in India 1/28
