Malaysia Aviation Group inks sustainable aviation fuel deal with Petronas Dagangan

Malaysia Aviation Group has signed a sustainable aviation fuel offtake agreement with Petronas Dagangan, as part of efforts to develop the green fuel on a commercial scale in Malaysia, the two firms said.

Eni bets on agri-business in Africa to expand biofuel production

Italy's Eni is investing in farming in several African and Asian countries as it aims to produce by itself around one fifth of the agricultural feedstock it will need for its biofuel business by 2025, two top executives at the energy group said.

Biodiesel import flood could drown European market

A flood of potentially "dubious" biodiesel imports into Europe from China needs to be subject to closer EU vetting or it could trigger the collapse of the European Union's biofuels industry, top producer body EWABA said.

Top shipper of Russian oil secures Indian cover as Western certifiers exit

An Indian agency has stepped in to provide safety certification for most of Gatik Ship Management's fleet, a major carrier of Russian oil to India, after Lloyd's Register and the American Bureau of Shipping withdrew classification for many of its vessels, records show.

Future refineries in India may be smaller capacity

India will look at building smaller oil refineries because of problems in acquiring land as it aims to raise its annual refining capacity to 9 million bpd.

Fire at India's Numaligarh refinery under control, company says

A fire that broke out at the 60,000 barrel-per-day Numaligarh Refinery Limited in Assam state, India, has been brought under control, the refinery said.

Saudi diesel imports from Russia, exports to Singapore hit records

Leading crude exporter Saudi Arabia is maximizing refining profits by importing unprecedented amounts of cheap Russian diesel and in turn shipping record volumes to Singapore, where the fuel can achieve higher margins, shiptracking data shows.

China's fuel oil imports soar as inspections curb bitumen blend intake

China's independent oil refiners are ramping up fuel oil imports to process into gasoline and diesel amid robust refining margins as ongoing cargo inspections at refining hub Shandong have cut off supplies of lower-priced feedstock bitumen blend.

Oil climbs after U.S. leaders strike provisional debt deal

Oil prices rose in early Asian trade after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer.

ITOCHU to become an official distributor of Neste MY Renewable Diesel in Japan

Neste and ITOCHU have agreed to extend their collaboration with a licensing agreement allowing ITOCHU to become an official distributor of Neste MY Renewable Diesel in Japan.