Asia/Pacific
India increases windfall tax on petroleum crude, reduces tax on aviation turbine fuel and diesel
The Indian government increased windfall tax on petroleum crude, while reduced it on aviation turbine fuel and diesel, according to a government notification.
Cnergyico imports Pakistan's first private-sector Russian crude cargo
Pakistan refiner Cnergyico has imported the country's first private-sector shipment of Russian crude oil as the cash-strapped nation takes advantage of Moscow's discounts on its oil exports.
Singapore Exchange launches its first ammonia futures contracts
The Singapore Exchange launched its first ammonia swap and futures contracts aimed at meeting hedging needs from the power sector as interest in the energy- transition fuel grows.
ADNOC top exec says oil and gas could remain relevant until 2050
Oil and gas will remain a relevant part of the energy mix until potentially 2050, Musabbeh Al Kaabi, Executive Director of Low Carbon Solutions and International Growth at Abu Dhabi National Oil Company said during an energy conference in Abu Dhabi.
Global Project Data
Gulf Energy Information’s Global Energy Infrastructure database is tracking nearly 1,230 active projects in the hydrocarbon processing industry.
Nuberg EPC wins IOCL’s Propylene Purification Package with Skid Mounted Technology Deployment
Nuberg EPC, the global engineering, procurement and construction company, has been awarded the PPP contract by Indian Oil Corporation Ltd. for the design, engineering, manufacturing, supply and commissioning of a Propylene Purification Package at IOCL Panipat Refinery, Haryana, India.
Singapore's middle distillates stocks hit over 6-month high on jet fuel imports
Middle distillates inventories at key storage hub Singapore hit a more than six-month high as the city-state turned net importer of jet fuel/kerosene despite an increase in gasoil outflows to the West, official data showed.
Japan's Mitsubishi considers opening fuel ammonia import hub
Japanese trading house Mitsubishi is considering the conversion of the Namikata terminal near Hiroshima into a fuel ammonia import hub.
Técnicas Reunidas and Sinopec Engineering Group sign a Strategic Alliance Cooperation Agreement
Técnicas Reunidas, S.A. and Sinopec Engineering Group Co. Ltd. have signed in Beijing a Strategic Alliance Cooperation Agreement for the joint execution of Refining, Petrochemicals, Natural Gas and Transition Projects worldwide.
China refiner Shenghong in preliminary deal with Saudi Aramco for equity investment
China's privately controlled Jiangsu Eastern Shenghong Co Ltd said it had entered a preliminary deal with Saudi Aramco for the Middle Eastern oil major to become a minority stakeholder in its refining and petrochemical unit.
- 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
