Asia/Pacific

Reliance buys 1 MMbbl of crude from Kuwait's KPC, trade sources say

Last week, KPC issued a tender to sell crude oil that the Al-Zour refinery is unable to process because of unplanned maintenance after a fire.

Vitol, Cnergyico make Pakistan's biggest single delivery of marine fuel

The move will enable large vessels refueling in Pakistan to now sail longer routes from east to west without needing to stop elsewhere, while also giving Pakistan a stronger local supply of environmentally compliant marine fuel.

Global oil refining profits surge and may stay strong

The strength in margins contrasts with crude oil markets coming under pressure from an expected oversupply, and has defied expectations earlier this year that the rally could prove to be a short-term blip due to the impact of tariffs.

Vietnam's Nghi Son to keep high crude runs despite derivative unit maintenance

There will be no major impact on main refinery operations, the spokesperson said, adding the November partial shutdown will include some works at its hydrogen manufacturing unit and a catalyst change at its residue hydrodesulphurization unit.

Abra Group and Sumitomo sign MoU to advance affordable SAF in Brazil

HORIBA’s gas and liquid analysis and measurement instruments adopted for INPEX’s Blue Hydrogen and Ammonia Production and Usage Demonstration Project

This project marks Japan’s first initiative to verify the entire value chain, from production to utilization, of blue hydrogen and blue ammonia derived from domestically sourced natural gas.

India ships first jet fuel cargo to U.S. West Coast

U.S. West Coast jet fuel production has been curtailed since October, after a fire at Chevron's 285,000-bpd El Segundo refinery in southern California forced the company to take multiple units offline.

Asian gasoline margin spikes to highest since August 2023

China's Sinochem shuts one crude unit at Quanzhou after fire

The 300,000-bpd Quanzhou refinery was due to be offline for scheduled full plant maintenance from the end of November or early December to January.

Quick wins on cutting methane dogged by a slow transition

The pledge to cut methane emissions by 30% below 2020 levels by 2030 has been signed by 159 countries plus the EU. Many of them have developed, or are working on, methane action plans, and billions of dollars have been committed to the effort.