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Asia/Pacific

India's Russian oil imports hit 10-month high on strong demand for ESPO crude

India's Russian crude oil imports will hit close to 1.8 MMbpd in May, the highest in 10 months, ship tracking data from Kpler showed, after refiners snapped up more light grades such as ESPO Blend.

HPCL aims to start crude unit at 9-MMtpy Rajasthan refinery (India) in October

Hindustan Petroleum Corp. Ltd. announced that it plans to begin crude processing at its 9-MMtpy Rajasthan (India) refinery in October of this year. The company has also announced that it hopes to start petrochemicals production in January 2026. 

Indonesia's Pertamina refinery unit plans 30-day shutdown of Dumai plant in October

The refining unit of Indonesian state energy company Pertamina plans a 30-day shut down of its Dumai refinery in October, chief executive Taufik Aditiyawarman said.

Fuji Oil cancels Japanese biofuels plant due to high construction costs

Fuji Oil has decided to cancel plans to build a biofuels manufacturing plant at the Sodegaura refinery in Chiba, Japan, due to higher-than-expected construction costs.

Nuberg EPC, EDL sign technical collaboration agreement across several industries

Nuberg EPC and EDL Anlagenbau Gesellschaft mbH (a Pörner Group Company) have signed a Technical Collaboration Agreement to explore engineering and sustainable development opportunities across industries including fuel oil refineries, petrochemical industries, green hydrogen derivatives and sustainable process technologies to accelerate technological excellence and environmental responsibility.

Asian petrochemical producers chase ethane gains as margins dwindle

Several petrochemical producers in Asia plan to reconfigure their crackers to process more ethane to reduce costs and capitalize on rising U.S. supplies as they face thin margins and global oversupply.

China's April refinery output fell 1.4% year-on-year

China's crude oil throughput fell in April from a year earlier, official data showed on Monday, due to maintenance at state-owned refineries and as independent plants curbed output amid poor margins.

Malaysia's Prefchem restarts gasoline unit after repairs since January

Malaysia's Pengerang Refining Co. (Prefchem) has restarted one of its two residue fluid catalytic cracking (RFCC) units in the past week after shutting it for repairs early this year.

Insight: Lifting U.S. sanctions on Iran could crush China’s 'teapot' oil refineries

The possible lifting of U.S. sanctions on Iran's oil exports could deal a fatal blow to independent Chinese refineries that have thrived by processing Tehran’s discounted crude, while also putting further downward pressure on oil prices.

Mitsui Chemicals studying use of ethanol to make petrochemicals

Mitsui Chemicals is studying the use of ethanol as a feedstock in its naphtha crackers to improve competitiveness amid oversupply in the global petrochemical sector