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Asia/Pacific

Turkey’s top refiner Tupras stops Russian crude purchases after sanctions

Turkey’s largest oil refiner Tupras has stopped buying Russian crude because of U.S. sanctions announced on January 10 against Russian energy companies and tankers carrying Russian oil.

Russia's government may allow gasoline exports until end of August

The Russian government may extend gasoline export permits for major producers until the end of August 2025.

S-Oil's $7-B Shaheen petrochemical complex is on track for 1H 2026 start

S-Oil's $7-B Shaheen petrochemical project in Ulsan, South Korea, is progressing and is expected to be completed by the first half of 2026.

Marine fuel sales at top bunker hub Singapore log soft start to 2025

Sales of marine fuel at Singapore, the world's largest bunker hub, logged weaker volumes in the first month of 2025.

Toyo-Malaysia secures OSBL project to support SAF production facility at Pengerang, Johor, Malaysia

The Pengerang Integrated Complex is currently constructing a biorefinery plant to produce sustainable aviation fuel, with Toyo-Malaysia entrusted with the engineering, procurement, construction and commissioning of the OSBL facilities.

India to remain bright spot for petchem demand in 2025

India will be a bright spot for petrochemical demand in 2025 even as global consumption lags supply, industry executives said on the sidelines of India Energy Week conference.

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.