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Asia/Pacific

Indian refiners turn to Latin America, Africa to replace Russian oil in Feb.

India's crude oil imports from Latin America and Africa rose marginally in February as refiners turned to alternative sources, fearing a loss of Russian oil supplies caused by tighter U.S. sanctions.

U.S. propane exports have increased every year since 2007

U.S. propane exports averaged a record 1.8 MMbpd in 2024, the most since the U.S. Energy Information Administration (EIA) began collecting this data in 1973. U.S. propane exports increased for each of the last 17 years, with growth driven by higher demand in East Asia, mainly China, and a widening propane price differential between U.S. and global benchmarks.

Indonesia to build oil refineries with total capacity of 1 million bpd

Indonesia will build oil refineries on several of its islands, including Kalimantan and Sulawesi, with a total capacity of 1 million barrels per day, upgrading from a planned single refinery with a 500,000 bpd capacity, the energy minister said.

PetroChina in preliminary agreement with Germany's Mabanaft on expanding fuel sales to Europe

PetroChina International's London unit signed a preliminary agreement with German energy company Mabanaft to expand sales of Chinese refined fuel products to Europe, the Chinese state oil and gas trader said.

China SAF plants push back start-up amid lack of policy

Several Chinese builders of sustainable aviation fuel (SAF) plants are postponing start up as a lack of government policy guidance restrains them from marketing the fuel domestically or exporting it.

Chiyoda wins EPC for large-scale direct MCH demonstration plant

Chiyoda Corp. has been awarded an engineering, procurement and construction (EPC) contract by ENEOS for a large-scale direct methylclohexane electrosynthesis (Direct MCH) demonstration plant.

Vopak to build ethane tanks to support Thailand's petrochemical production

Vopak has reached a positive final investment decision it build 160,000-m3 tank infrastructure in Map Ta Phut, Rayong, to support the import of U.S. ethane into Thailand for petrochemical crackers

Indonesia to plant 1.2 MM hectares of sugar palm to make ethanol

Indonesia plans to plant sugar palm trees on an area of 1.2 MM hectares (2,965,264 MM acres) to produce ethanol to cut gasoline imports, in a project estimated to cost $6 B.

Indonesia plans to use sovereign wealth fund to boost coal gasification projects

Indonesia seeks to boost coal gasification projects using funding from its newly launched sovereign wealth fund Danantara Indonesia, as well as plans to increase its fuel storage capacity and build a refinery with capacity of 500,000 barrels per day to ensure energy security

Chinese CNOOC to launch $2.7-B upgraded refinery complex

State-controlled China National Offshore Oil Company (CNOOC) is set to launch a refinery and petrochemicals complex later this year, following a $2.74-B upgrade.