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Asia/Pacific

India's diesel consumption to rise 3%–4% in current fiscal year

India's annual diesel consumption is expected to rise by 3%–4% in the current fiscal year to March 31.

Russia's Surgutneftegaz awards annual tender for diesel, fuel oil exports

Russian energy company Surgutneftegaz awarded its annual tender for diesel and fuel oil exports in 2025 at higher prices than a year ago.

Russia ships rare naphtha and fuel oil cargoes to Indonesia

Russia exported rare naphtha and fuel oil cargoes to Indonesia in September as it expands the pool of buyers for its oil products.

Australia fuel supplier Viva Energy's retail and refining challenges continue to hurt

Viva's downbeat update comes a few days after bigger rival Ampol, the only other domestic fuel supplier in the country, warned of similar challenges facing the refining sector and flagged a hit of A$100 MM in its earnings.

India eyes $87 B investment in petrochemicals sector over next decade

India is expected to receive investments worth $87 B in the next decade to meet the nation's rising demand for petrochemicals, the country's oil minister Hardeep Singh Puri said.

China's surplus crude oil hits nearly 1 MMbpd for September

The weak position of China's crude oil sector was underlined by September data showing a sixth consecutive monthly drop in refinery processing, leading to nearly 1 MMbpd of oil being available for storage.

Shell says no impact to operations after oil leak in Bukom, Singapore

Shell said on Monday there was no impact to operations after an oil leak over the weekend from a land-based pipeline at Shell Energy and Chemicals Park Singapore on Bukom island, adding that the leak had been stopped.

Vietjet operates first flights with SAF supplied by Petrolimex Aviation

The first flights using sustainable aviation fuel (SAF) have been successfully refueled in Vietnam today and departed from Tan Son Nhat International Airport in Ho Chi Minh City.

China, Saudi Arabia top buyers of Russian fuel oil in September

China and Saudi Arabia were the top destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in September.

Mitsubishi Chemical Group to expand Japan production facility for optical film for polarizing plates, OPL Film™

The Mitsubishi Chemical Group (the MCG Group) will expand its production facility for OPL Film™ products, optical polyvinyl alcohol (PVOH) film, at Mitsubishi Chemical’s Central Japan-Ogaki (Kanda) Plant in Ogaki City, Gifu Prefecture, Japan.