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Asia/Pacific

Equatorial, TFG and Sinopec are Singapore's top three marine bunker suppliers in 2023

Equatorial Marine Fuel Management Services maintained its top spot among marine bunker suppliers in Singapore, the world's largest bunker hub, while Sinopec Fuel Oil Singapore propelled into No.3 in 2023, latest data from the port authority showed.

Russia boosts fuel exports to Central Asia, Afghanistan and Mongolia in 2023

Central Asian countries, Afghanistan and Mongolia raised their imports of Russian fuel by around 28% in 2023 to almost 6 MMt, partially offseting a decline in Russian supplies to Europe.

Indonesia's 2024 oil, gas lifting set to fall short of government targets, regulator says

Indonesia's oil and gas lifting this year is likely to fall below government targets, upstream oil and gas regulator SKK Migas said but pledged efforts to fill the gap.

Denmark announces alliance on green fuels in India

Maersk, one of the founding members of the Green Fuels Alliance India, will take a seat on the steering committee as one of the representatives of the maritime industry for the conversations around green fuels.

Korean Air to expand cargo SAF program with Yusen Logistics

Korean Air has partnered with Yusen Logistics, a global logistics company, to further promote the use of SAF in the air cargo industry.

Singapore's middle distillates stocks at 5-mth low on higher jet fuel/kerosene exports

Singapore's middle distillates stockpiles hit a five-month low as higher jet fuel/kerosene exports outweighed declines in gasoil/diesel exports.

Celanese begins carbon capture and utilization operations at Clear Lake, Texas (U.S.) facility

Celanese Corporation announced it has begun running a carbon capture and utilization project at its Clear Lake, Texas (U.S.), site as part of its Fairway Methanol joint venture with Mitsui & Co., Ltd.

China's oil production rises to 208 MMt in 2023

China's crude oil production rose to 208 MMt in 2023, equivalent to 4.16 MM bpd.

KBR green ammonia technology selected by Lotte Chemical Corporation for H2biscus Project in Malaysia

KBR announced that its K-GreeN technology has been selected by a consortium consisting of Lotte Chemical, Korea National Oil Corp and Samsung Engineering for Lotte Chemical's H2biscus green ammonia project development in Sarawak, Malaysia.

India's ONGC sees oil production rise 11% after east coast block starts output

India's Oil and Natural Gas Corp said it expected total oil output to climb 11% after its project off the country's east coast started producing oil.