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Asia/Pacific

ORLEN partners with Yokogawa to develop cutting-edge technology for SAF production

ORLEN and Yokogawa Europe announce they have joined forces to initiate industrial-scale production of carbon neutral SAF.

Oil prices rise as Russia fuel export ban stokes supply concerns

Oil prices rose as renewed global supply concerns from Russia's fuel export ban counteracted fears that slowing economies and high interest rates could crimp demand.

China climate envoy says phasing out fossil fuels 'unrealistic'

The complete phasing-out of fossil fuels is not realistic, China's top climate official said, adding that these climate-warming fuels must continue to play a vital role in maintaining global energy security.

Biden's IRA drives surge in U.S. imports of Chinese used cooking oil for biodiesel and SAF

Used cooking oil can be refined into fuels such as biodiesel and SAF, which can be blended with conventional fuels to reduce carbon emissions.

Vietnam's Nghi Son refinery to restart some units from Oct 7-9 after maintenance

Vietnam's largest oil refinery will restart some of its units from Oct 7-9 after it was shut down late last month for maintenance.

Singapore's middle distillates stocks stable; gasoil net exports slip for second week

Singapore's middle distillates inventories remained above 9 million barrels, official data showed, as net gasoil exports slipped for the second straight week, and jet fuel/kerosene net exports also fell.

Indian chemicals maker Epigral expects revenue from newer CPVC products to surge this year

Indian chemicals maker Epigral will keep diversifying its business and expects the share of revenue from new products to expand significantly this year.

India's ONGC willing to wait to regain oil from Russian project

India's state-run Oil and Natural Gas Corp wants to eventually receive a share of crude from a Russian project it partly owns but is willing to wait because Russian oil is hard to ship right now.

China's fuel oil imports ease for second straight month in August

China's fuel oil imports retreated for a second consecutive month in August, data from the General Administration of Customs showed.

Russia remains China's top oil supplier in August, sales up 26%

Russia maintained its spot as China's top crude oil supplier in August, Chinese government data showed, even as discounts on Russian crude continued to narrow and Moscow cut exports.