Asia/Pacific
Regulations needed to spur airlines to use SAF, Japan oil refiners group head says
Japanese oil refiners believe concrete regulations and frameworks are needed to encourage airlines to use sustainable aviation fuel (SAF) and develop supply chains to support decarbonization efforts, the head of the industry lobby group said on Friday.
Russia replaces UAE as the top naphtha supplier to India in 2024–25
Russia has surpassed the United Arab Emirates (UAE) as India's top naphtha supplier in the year to March 2025, as refiners capitalize on discounted cargoes, preliminary ship-tracking data showed, a trend buyers expect to persist for another year.
Asia's sour crude demand to rebound on completed regional refinery maintenance and upgrades
Asia's sour crude demand is set to rebound from late Q2 as refiners return from maintenance and ExxonMobil completes a Singapore refinery upgrade that is poised to increase its heavy oil use
Nippon Steel obtains new certifications for pipes/tubes used in the chemical industry
To meet its customers’ need to promote carbon neutrality, Nippon Steel Corporation has obtained five SuMPO EPD certifications based on the SuMPO Environmental Labeling Program by the Sustainable Management Promotion Organization, for its steel pipes and tubes used in the chemical industry and for boilers.
Sinochem selling bankrupt plant to independent Shandong refiner
Eastern China-based independent refiner Hongrun Petrochemical has agreed to acquire a bankrupt oil refinery operated by state-run Sinochem Group in Shandong province.
Asia's SAF ambitions exceed demand, heralding exports and potentially lowering prices
Asia's ability to supply sustainable aviation fuel will outpace regional demand this year and next as more production comes online, increasing exports and potentially lowering prices for the fuel
China made rare draw on crude oil inventories amid weak imports
China dipped slightly into crude stockpiles in the first two months of the year as refiners processed more oil and imports remained weak.
China's January–February refinery output up 2.1% on holiday travel, new refinery
China's crude oil throughput in January and February rose 2.1% vs. a year earlier, official data showed on Monday, supported by a new refinery and holiday travel, but weak refining margins persisted.
U.S., Vietnam firms sign deals on energy and minerals
Vietnamese and Americans firms have signed a series of deals on energy and minerals during a visit to the United States by Vietnam's trade minister.
Singapore marine fuel sales slip to lowest in 20 months
Singapore marine fuel sales fell to their lowest in 20 months in February.
- China's Wanhua Chemical starts operation at new east China cracker 4/4
- Brookfield Infrastructure announces the acquisition of Colonial Enterprises for $9 B 4/4
- PBF restarts some units at Martinez refinery after February fire; fire-damaged units remain shut 4/4
- Japan to curb gasoline prices from June to cushion U.S. tariff blow 4/4
- Evonik presents innovative "Debonding on Demand" concept for more sustainable bonding 4/3
- Oil, gas and refined product imports exempted from Trump’s sweeping tariffs 4/3
