Asia/Pacific
Singapore imports of Russian naphtha surge as EU ban shifts flows
Singapore's imports of Russian naphtha nearly tripled in the first quarter of 2023, government data showed, after the European Union banned oil products imports from Russia.
Neste, ITOCHU and Fuji Oil supply sustainable aviation fuel to All Nippon Airways and Japan Airlines
Neste, ITOCHU Corporation and Fuji Oil Company collaborated to supply sustainable aviation fuel, which was locally-blended with conventional jet fuel, to the Japanese market.
LPG-fueled LPG carrier "Captain Markos" delivered
Kawasaki Heavy Industries, Ltd. announced it has delivered the 84,000 m3 capacity LPG carrier CAPTAIN MARKOS. This is the 70th LPG carrier built by the company.
HIF Global and Idemitsu Kosan announce carbon neutral eFuels strategic cooperation
HIF Global, the world’s leading eFuels company, and energy company Idemitsu Kosan today announced a strategic cooperation agreement to accelerate the production of carbon neutral eFuels.
The market for adipic acid is expected to develop at a consistent CAGR of 4.9% per year by 2032
Due to the production of waste nitrous oxide, the current commercial petrochemical process that produces adipic acid from KA oil and is catalyzed by nitric acid seriously pollutes the environment.
China refiner ZPC enters strategic fuel marketing deal with Sinopec
Privately controlled Zhejiang Petrochemical Corp, operator of China's largest refinery, said it has reached a strategic agreement with state refining giant Sinopec on the domestic marketing of its fuel.
Japan's carbon pricing scheme being launched in April
Japan, the world's fifth-biggest CO2 emitter, will begin a carbon pricing scheme in stages from April to encourage companies to curb emissions and achieve its goal of carbon neutrality by 2050.
Chinese refiner Chambroad set to start bitumen plant in Hainan
China's Chambroad Petrochemicals is set to start operating a refining unit in the southern province of Hainan in May to produce mainly bitumen with an aim to export the material used to pave roads.
Qantas, Airbus to invest in Australian biofuel refinery
Qantas Airways Ltd and Airbus SE will jointly invest $1.34 MM in a biofuel refinery being set up in Australia's Queensland state that would convert agricultural by-products into sustainable aviation fuel.
Shell puts a stop to Singapore biofuels, base oil projects
Shell has decided not to go ahead with two projects it was studying to produce biofuels and base oils in Singapore.
- 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
