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Asia/Pacific

Russia ramps up oil products supplies to Indonesia

Russia is ramping up shipments of oil products to Indonesia as Moscow seeks to expand new markets for its exports in the wake of Western sanctions imposed over its invasion of Ukraine.

India eyes ending import tax on U.S. ethane and LPG in trade talks

India plans to end taxes on U.S. ethane and liquefied petroleum gas (LPG) imports under broader negotiations with Washington as it looks to reduce its trade surplus and ease its tariff burden.

KBR’s ammonia cracking technology selected by Hanwha for hydrogen project in Korea

KBR has been awarded a second ammonia cracking technology contract by Hanwha Impact Corp. for its clean power generation facility in Korea.

Asian slump, Cyclone Alfred, slash Ampol's refinery margins by half

Australia's top fuel retailer Ampol reported a 49% drop in 1Q refining margins for its Lytton refinery in Queensland on Wednesday, citing lost production due to Cyclone Alfred and weak refining margins in Singapore — a bellwether for Asia.

Murmansk could serve as transshipment hub for methanol exports to China

The development of the Murmansk Transport Hub (MTH) and Murmansk Port could be achieved through diversifying the cargo base.

Japan's Fuji Oil restarts 143,000-bpd Sodegaura CDU after fire

Japanese refiner Fuji Oil has restarted the 143,000-bpd crude distillation unit (CDU) at its Sodegaura refinery.

Japan's Eneos restarts 129,000-bpd Chiba CDU after maintenance

Japan's biggest refiner, Eneos Corp., restarted the 129,000-bpd crude distillation unit (CDU) at its Chiba refinery near Tokyo on April 7, following scheduled maintenance.

Fortescue, CMB.TECH sign agreement for ammonia-powered ore carrier

CMB.TECH NV has signed an agreement with Fortescue to charter a new ammonia-powered vessel.  This emphasizes the commitment of both companies to decarbonize the shipping industry.

U.S. targets China oil storage terminal in new Iran-related sanctions

The Trump administration imposed sanctions on Iranian oil trading networks on Thursday, including on a China-based crude oil storage terminal linked via a pipeline to an independent refinery, just days before talks between the U.S. and Iran.

thyssenkrupp Uhde to deliver sustainability and digital services for Brunei Fertilizer Industries

This agreement signifies a key milestone in the ongoing collaboration between the two companies, aimed at advancing digitalization and implementing clean technologies in the fertilizer industry.