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Asia/Pacific

Jinggong Group, Yokogawa sign multi-faceted strategic partnership on mutual business development

Jinggong Holding Group Co. Ltd., a Chinese industrial conglomerate, and Yokogawa Electric Corp., a leader in industrial control and automation, have signed a strategic partnership agreement to explore the possibility of new business development and market expansion through collaboration in manufacturing optimization, energy management and other fields.

Anaergia Singapore signs conditional contract to design and build biogas facility in Jeju Island, South Korea

Anaergia Singapore Pte. Ltd. has received a contract from New Jeju Bio Co. Ltd. to design and build the Jeju Bio Energy Biogas Plant to be constructed in Jeju Island, South Korea.

Japan’s Taiyo Oil buys first Russian crude in more than two years on government request

Japanese refinery Taiyo Oil has bought its first Sakhalin Blend crude from Russia in more than two years at the Japanese government's request, it said on Tuesday, to help ensure the stability of a plant also supplying Japan with liquefied natural gas (LNG).

TRE HOLDINGS, Mitsubishi Gas Chemical to study feasibility of using woody biomass and waste to produce green methanol in Japan

TRE HOLDINGS Corp. and Mitsubishi Gas Chemical Co. Inc. have signed a memorandum of understanding (MoU) for a strategic business collaboration in which they will study the feasibility of using domestic woody biomass and waste to produce green methanol commercially in Japan.

California (U.S.) fuel imports hit 4-yr high amid refinery outages

California's fuel imports rose to the highest in 4 yr in May as refiners turned to historical trading partners in Asia and tapped some unusual routes to make up for shortages in the No. 2 U.S. oil consumer state, according to shipping data and traders.

Private refiners tap India's drivers as export markets tighten

India's two major private-sector refiners, which have long prioritized exports, are turning to local sales, grabbing share in the country's fast-growing $150-B fuel retail market as weaker global demand squeezes profit margins offshore.

Idemitsu shuts No. 3 CDU at Yokkaichi refinery for maintenance

Japanese oil refiner Idemitsu Kosan shut the 155,000-bpd No. 3 crude distillation unit (CDU) at its Yokkaichi refinery in central Japan on May 19 for scheduled maintenance.

Solvay and BASF together reduce scope 3 emissions in hydrogen peroxide production

Solvay and BASF announced to jointly focus on a meaningful reduction in scope 3 greenhouse gas emissions within the hydrogen peroxide supply chain.

Asia's fuel oil imports from Iraq hit 4-month high in May

Asia's fuel oil imports from Iraq hit a four-month high in May as strong refining margins boosted output and exports from the Middle Eastern supplier.

Japan's Eneos begins unplanned shutdown at 77,000-bpd unit at Kawasaki

Japan's biggest refiner, Eneos Corp., experienced an unplanned shutdown of the 77,000-bpd No. 3 crude distillation unit (CDU) at its Kawasaki refinery near Tokyo, starting June 4.