Asia/Pacific
China Shipbuilding’s and Lemissoler’s first methanol-fueled Ultramax bulk carrier receives ABS approval
ABS issued an approval in principle to Lemissoler Navigation for its design of a 65K DWT methanol-fueled Ultramax bulk carrier, the first such methanol vessel for China’s shipbuilding industry.
Australia's Woodside, Santos in talks for $53-B oil-gas merger
Australia energy companies Woodside and Santos Ltd said that they are in preliminary merger talks, in what could be the latest big deal in a wave of global consolidation the in oil and gas sector.
India’s Russian oil imports seen rising on lower prices
Easing global oil prices would help India boost imports from Russia as a lower than $60 a barrel price of Russian oil will enable buyers to use Western services such as insurance and ships.
Indonesia allots 13.41 MM kiloliters of biodiesel for mandatory blending in 2024
Indonesia has allotted 13.41 million kiloliters of biodiesel for mandatory blending in 2024, slightly more than this year's allocation.
India curbs ethanol production from cane juice to boost sugar supplies
India directed sugar mills not to use cane juice or syrup to produce ethanol, as New Delhi tries to increase sugar supplies by curtailing ethanol production.
Venezuela's PDVSA authorizes first two oil cargoes to India after sanctions relief
Venezuelan state oil company PDVSA has assigned loading windows in December to two vessels bound for India under crude spot deals with Italy's ENI and U.S.-based Chevron, an internal company document showed.
Global airlines body urges oil sector to invest more in sustainable fuel
The oil and gas sector and alternative fuel producers need to beef up efforts to produce greener aviation fuel to help airlines cut carbon emissions.
Lummus and Toshiba announce partnership for advanced carbon capture solutions
Lummus Technology and Toshiba Energy Systems & Solutions Corporation announced a master collaboration agreement to jointly pursue carbon capture projects.
Two new petrochemical plants are coming online in India
Two multi-billion-dollar petrochemical plants are coming online in India in coming months at a time of weaker-than-expected demand, setting the stage for fierce price competition domestically and internationally.
Vietjet and Novus Aviation Capital sign MoUs for aircraft financing, leasing, and SAF development
Vietjet and Novus Aviation Capital have signed Memorandum of Understandings to explore the establishment of an aircraft financing and leasing vehicle as well as collaborating on the supply of SAF in Vietnam alongside SAF One, Novus’s established and dedicated SAF platform.

- China Shipbuilding’s and Lemissoler’s first methanol-fueled Ultramax bulk carrier receives ABS approval 12/8
- RTX's Pratt & Whitney Canada and Leonardo achieve first 100% SAF flight with AW139 helicopter 12/8
- Maersk to deploy first large methanol-enabled vessel on Asia - Europe trade lane 12/8
- Shell sees $6 B in oil and gas investments in Nigeria 12/8
- Mexico's Pemex eyeing later refinery start-up date, months after initial announcement 12/8
- Indonesia's Pertamina starts carbon injection tests in Sukowati oil and gas field 12/8