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Asia/Pacific

Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising

Russia's second-largest oil producer Lukoil is restoring operations of its catalytic cracker complex, ramping up gasoline output after the unit's breakdown on Nov. 13.

U.S. October gasoline imports hit post-pandemic low on slump in European shipments

U.S. waterborne gasoline imports fell in October to their lowest since the COVID-19 pandemic, with European shipments to the U.S. Northeast hitting a record low and Asian cargoes more than halved from a year ago.

Singapore middle distillates stocks rise for fourth week to six-week high

Singapore's middle distillates inventories rose for the fourth straight week to a six-week peak as net exports of jet fuel slid further while those of diesel climbed.

Vietnam's Binh Son refinery says 2024 output seen at 6.6 MM tonnes

Vietnam's Binh Son Refining and Petrochemical said on Thursday that 2024 output at its Dung Quat refinery was estimated at 6.6 MM tonnes, beating its target by 15%.

Japan's Cosmo Oil restarts 86,000-bpd Yokkaichi CDU after maintenance

Japan's Cosmo Oil, a unit of Cosmo Energy Holdings, has restarted the 86,000-bpd crude distillation unit (CDU) at the Yokkaichi refinery in central Japan on Nov. 9 after planned maintenance.

Aramco, Rongsheng Petrochemical sign framework agreement for SASREF petrochemicals expansion project

Aramco, Aramco affiliate Saudi Aramco Jubail Refinery Company (SASREF), and an affiliate of Rongsheng Petrochemical Co. Ltd. (Rongsheng Petrochemical) have signed a Development Framework Agreement in Beijing, China, that paves the way for an expansion project at SASREF in Jubail, Kingdom of Saudi Arabia. 

Asia's jet fuel imports from India to hit multi-year highs in November

Asia's imports of jet fuel from India are set to hit multi-year highs in November ahead of peak winter demand after refinery outages and lower exports from China crimped supplies.

INEOS, GNFC sign MoU to build a new world scale acetic acid unit in India

INEOS Acetyls and Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) signed a Memorandum of Understanding to explore the feasibility to build a new world scale, 600,000-tpy acetic acid plant at GNFC's site in Bharuch, Gujarat, India.

Sinochem may keep bankrupt refineries as auctions draw little interest

Sinochem Group may keep three bankrupt oil refineries located in eastern China after auctions to sell them drew little interest from other companies, sources familiar with the matter said.

Synata Bio’s Sylonto Project awarded $4.5-MM NDRC grant

Synata Bio, a U.S. company delivering turnkey carbon utilization technology to transform onsite waste gases into ethanol, has been awarded a $4.5-MM grant (RMB 32 MM) from China’s National Development and Reform Commission (NDRC) for its Sylonto project.