Asia/Pacific
India govt panel proposes ban on diesel 4-wheeler vehicles by 2027
India should ban the use of diesel-powered four-wheeler vehicles by 2027 and switch to electric and gas-fueled vehicles in cities with more than a million people and polluted towns in order to cut emissions, an oil ministry panel is recommending.
India's April diesel sales soar, overall fuel consumption eases
India's fuel consumption eased in April from record highs seen the previous month, official data showed, but sales of diesel scaled a new peak indicating robust industrial activity in the world's third biggest oil consumer.
Vietnam's Binh Son refinery to borrow $754 MM for expansion plan
Vietnam's Binh Son Refining and Petrochemical will take $754 MM worth of loans for a project to expand its sole oil refinery and boost its annual crude oil processing capacity by more than 1 million tons, the company said.
Sichuan Jinshang Environmental Protection Technology Co. to produce SAF utilizing Honeywell Ecofining tech
Honeywell today announced that Sichuan Jinshang Environmental Protection Technology Co. will use Honeywell Ecofining technology to produce nearly 300,000 tpy of SAF at its newly planned facility in Suining, Sichuan Province, China.
Lummus Technology announces partnership with Texplore to license HDPE technology
Lummus Technology and Texplore Co., Ltd. announced a commercial cooperation agreement to license and market EXCENE, Texplore's high-density polyethylene technology.
How will China's clampdown on mislabeled cargoes affect sanctioned oil?
Chinese customs authorities are stepping up inspection checks on cargoes of heavy crude oil after uncovering several Iranian shipments that were mislabeled as diluted bitumen in an effort to bypass import quotas.
Oil prices jump but still on track for third weekly fall
Oil prices jumped but were set for a third straight week of losses after sharp declines earlier in the week on fears about interest rate hikes, U.S. banking sector problems and slowing Chinese demand.
SK Innovation sees 'solid' Q2 refining margin on China's reopening
SK Innovation Co Ltd, owner of South Korea's top refiner SK Energy, said it expects a "solid" refining margin in the second quarter, backed by China's reopening and the summer driving season.
Asia's crude oil imports slip in April amid softer purchases by China and India
The strong start to the year for Asia's imports of crude oil came to a halt in April, with arrivals dropping to a seven-month low as top buyers China and India trimmed purchases.
Indian Oil to recoup most dues for jet fuel sales from Go First through bank guarantees
Indian Oil Corp will recoup $61.14 MM of jet fuel sales to cash-strapped Go First by cashing in bank guarantees and is optimistic it will recover a further $6.11 MM for unsecured sales made in the past few month.
- U.S. SAF production forecast to eclipse 50,000 bpd by 2026 7/17
- Pertamina expects Balikpapan's CDU IV to resume later this month 7/17
- Exxon shut Joliet, Illinois, refinery after power outage 7/17
- ExxonMobil introduces Enable™ 1617 performance polyethylene 7/17
- Hexagon’s HxGN SDx2 helps industrial enterprises engineer, monitor and optimize global assets, operations 7/17
- Mabanaft submits approval documents for planned ammonia import terminal in Hamburg 7/17
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
