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Asia/Pacific

ABEL Energy accelerates Townsville green methanol for Singapore MPA's shipping fuel

ABEL Energy completed the Singapore Port MPA tender for the supply of green methanol and was pleased to hear the recent news from Hon PM Albanese that a green and digital shipping corridor is being established, which will help decarbonize and digitalize shipping routes between Singapore and Australia.  

Global LNG market will 'be tight' until 2026 - TotalEnergies CEO

The global LNG market will be tight until 2026, Patrick Pouyanne, CEO of TotalEnergies, said at a conference in Houston.

New ASEAN Energy and ACTUAL sign cooperation agreement to develop net-zero plan for the new $5-B Pengerang Energy Complex

New ASEAN Energy and ACTUAL have formed an agreement, leveraging ACTUAL’s AI-driven capital planning technology to develop a comprehensive net-zero emissions strategy for The Pengerang Energy Complex.

Singapore's middle distillates stocks hit highest in 2-1/2 years as exports dip

Singapore's middle distillates stockpiles surged by 8% week on week to hit a fresh high since September 2021 as net exports of both diesel/gasoil and jet fuel/kerosene slipped by 98% and 26%, respectively.

Fortescue conducts world's first ammonia bunker trial in Singapore

Fortescue has conducted the world's first ammonia marine bunker operation in the port of Singapore, the city-state's Maritime and Port Authority and the Australian mining company said.

Sanctioned tanker NS Century reaches China port to discharge Russian oil

The oil tanker NS Century, which is under sanction by the U.S., arrived at the Chinese port of Qingdao late to discharge its cargo of Russian crude oil, LSEG shipping data showed.

Vietnam's Dung Quat refinery: will keep selling products during maintenance period

Vietnam's Binh Son Refining and Petrochemical will continue selling refined petroleum products from its Dung Quat refinery during a 50-day maintenance period at the facility.

LyondellBasell sees strong chemical market in North America, while Europe and China lag

LyondellBasell said it was seeing a better market in North America for its chemicals so far into 2024 due to low ethane feedstock costs and better gasoline spreads, while the markets in Europe and China continue to be weaker.

South Korean authorities probe origins of naphtha imports

South Korean authorities are investigating imports of naphtha, a petrochemical feedstock, looking into whether supply from Russia was being mislabeled as fuel from elsewhere, multiple sources familiar with the matter said.

LyondellBasell's Spheripol and Hostalen ACP technologies at Inner Mongolia Rongxin Co., Ltd. complex in China

LyondellBasell, the world’s largest licensor of polyolefin technologies, announced that Inner Mongolia Rongxin Co., Ltd., will use the LyondellBasell Spheripol and Hostalen Advanced Cascade Process technologies for its new facility.