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Asia/Pacific

Ocean Network Express names first owned newbuilding vessel

Ocean Network Express (ONE) has announced a significant milestone in its corporate history with the naming of ONE Sparkle, the company's first owned and operated newbuilding container vessel.

Indonesia expects to reach full implementation of B40 biodiesel in March

Indonesia expects its B40 biodiesel program, aimed at reducing its reliance on imported diesel fuel, will reach full implementation next month after delays at the start of the year.

Russia's Ryazan oil refinery partially resumes operations

Russia's Ryazan oil refinery partially resumed oil processing and loading of motor fuels to railway tanks on February 11 after staying idle for 18 days.

Alternative Chinese terminals emerge to take in sanctioned tankers

A handful of newer Chinese terminals recently began receiving oil tankers sanctioned by the U.S., according to five sources and shipping data, providing logistics relief after a major port operator unexpectedly banned such deliveries last month.

Lummus announces first commercial award for SAP technology

Lummus Technology, a global leader in process technologies and value-driven energy solutions, announced an award from SHCCIG Yulin Chemical Co., Ltd., a subsidiary of the SHCCIG Group, for its superabsorbent polymer technology.

Honeywell, AM Green collaborate to advance carbon capture and sustainable aviation fuel In India

Honeywell and AM Green signed a memorandum of understanding during India Energy Week 2025 to assess the techno-economic feasibility of producing sustainable aviation fuel from ethanol, green methanol from various carbon dioxide emission sources, and green hydrogen.

NH3 Clean Energy, Pilbara Ports sign a MoU on ammonia shipment for WAH2 Project (Australia)

NH3 Clean Energy Limited signed a Memorandum of Understanding with The Pilbara Ports Authority, exploring the options for the loading and export of 600,000 tpy of clean ammonia from the company’s WAH2 Project.

Russia's Volgograd oil refinery partially recovers after drone attack

Russia's Volgograd oil refinery, which had halted operations following a Ukrainian drone attack on February 3, has partially resumed processing.

China’s crude oil imports decreased from a record as refinery activity slowed

Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared with the record high set in 2023. China, the world’s largest importer of crude oil, received 11.1 MMbpd in 2024, down from 11.3 MMbpd in 2023.

India gasoline demand to grow 6%–8% next fiscal year

Indian transportation fuel demand is expected to rise in the range of 6%–8% in fiscal year 2026, underpinned by rising vehicle sales, even as growth in Asian consumption lags growth in supply due to new refinery expansions in the region, industry executives and analysts said.

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