Asia/Pacific
Russia's idle oil refining capacity to fall by 15% in later half of October
Russia's offline primary oil refining capacity is seen declining by around 15% in the later half of October from the first 15 days of the month.
Johnson Matthey opens its new engineering center in India
The center will tap into India’s engineering talent, increasing JM’s capacity to deliver projects for its customers across its core licensing business and new growth areas in hydrogen, sustainable fuels and chemicals.
Ampol to carry out further maintenance at Lytton, 3Q output plunges
Ampol, Australia's top fuel retailer, said on Tuesday it would undertake further maintenance at its Lytton refinery next month after the company reported a sharp drop in 3Q output, sending its shares to a 21-month low.
Global refinery margins fall to multi-year seasonal lows in September
Refinery margins for petroleum refiners across the world are shrinking, indicating reduced profitability from refining crude oil and selling petroleum products.
Russia's idle oil refining capacity revised up 10% for October
Russia plans to take offline 4.4 MM tonnes of refining capacity in October, an increase of 10% from an earlier plan, increasing the amount of crude oil available for export.
China oil imports fall from a year ago for fifth month, newest refinery starts up
China's oil imports fell in September by 0.6% from a year earlier, as plants curbed purchases because of weak domestic fuel demand and narrowing export margins.
Singapore marine fuel sales down for second month in Sept., though biofuels climb
Sales of marine bunker fuel at Singapore eased for a second consecutive month in September, though marine biofuel sales surged to a fresh record high.
CB&I awarded contract by Saipem Clough JV for Perdaman project in Western Australia
CB&I has been awarded a lump sum contract by the Saipem Clough JV for engineering, procurement and construction of ammonia storage and other process tanks for the Perdaman Chemicals and Fertilisers Urea Plant located on the Burrup Peninsula, Western Australia.
Trader Vitol sells Venezuelan oil to Indian refiners
Two Indian state refiners have bought 2 MMbbl of Venezuelan crude from trading house Vitol for November delivery, as shipments to what previously was Venezuela's second largest oil market continue to grow.
Russia's largest oil refinery lifts 9-month crude processing by 4%
The Omsk oil refinery, Russia's largest by production volumes, increased crude processing by 4% year-on-year in the January to September period thanks to a modernization of its facilities.
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