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Asia/Pacific

Masdar and Boeing join forces to accelerate the SAF industry in the UAE and globally

Masdar is teaming up with aerospace company Boeing to propel the SAF industry in the UAE and globally with the partnership aiming to further support the commercial aviation industry’s goal of achieving net-zero emissions by 2050.

China is swing factor in diesel’s global squeeze

As demand enters peak season, Xi’s ability to dictate how much Chinese oil companies export looks like the key swing factor.

Indonesia's Pertamina may seek new Tuban refinery partner due to Rosneft uncertainty

Indonesia may seek a new partner for state-run Pertamina's refinery project in Tuban, East Java, due to uncertainty over its partnership with Russia's Rosneft.

Petronas, Idemitsu in deal to develop sustainable aviation fuel

Malaysian state oil company Petronas and Japan's second-biggest oil refiner Idemitsu Kosan Co signed a preliminary agreement to collaborate on development and distribution of sustainable aviation fuel.

Russia surpasses UAE as India's top naphtha supplier amid discounts

Russia has overtaken the UAE to become India's top naphtha supplier, data shows, as New Delhi takes advantage of discounted Russian oil products and the re-routing of trade flows in the aftermath of Moscow's Ukraine invasion.

Singapore's middle distillates stocks near 2-year high on lower gasoil net exports

Singapore's middle distillates stockpiles hovered around a two-year high, tracking declines in net gasoil exports, though a rise in jet fuel/kerosene net exports slowed down the overall inventory pile up.

U.S. energy company HIF Global, Japan's Eneos to explore cooperation in e-fuels

Houston-based e-fuel producer HIF Global and Japanese oil refiner Eneos Holdings will explore cooperating on e-fuels production and distribution, the companies said, in HIF's second such deal in the Japanese market.

India buys less Russian oil while Turkey increases its purchases

India's share of Russian Urals oil shipments in September declined from August amid refinery maintenance, while Turkey increased purchases due to a shortage of sour barrels in the Mediterranean.

Lummus' Green Circle announces agreement for advanced plastic recycling technology with Dongyang Environment Group

Lummus Technology, a global provider of process technologies and value-driven energy solutions, has announced an agreement with Dongyang Environment Group to deploy Lummus' advanced plastics recycling technology in South Korea.

Malaysia mulls expansion of B10 biodiesel usage to industrial sector

Malaysia is considering expansion of its B10 biodiesel program, which requires the mandatory use of 10% palm oil, to the industrial sector.