Asia/Pacific
After sanctions, Indian oil refiner Nayara's exports find new markets
The privately-owned company halted exports for about two weeks after it was sanctioned by the European Union on July 18 for dealing in Russian oil.
India fuel exports surge to multi-year highs on higher refinery runs, ethanol blending
Refiners in India, which sources about a third of its crude from Russia, are boosting runs and redirecting surplus barrels abroad.
Clariant SynDane™ catalyst achieves performance milestones at Wanhua maleic anhydride plant
Clariant announced the solid performance of its SynDane 3142 LA catalyst at Wanhua Chemical's maleic anhydride plant in Yantai, Shandong province, China.
Lanzajet, Kazmunaygas (KMG) announce Kazakhstan’s first SAF project advances to engineering and design phase
KMG and LanzaJet recently completed a joint feasibility study, and have agreed to move to the next phase of project development, front-end engineering and design (FEED), during which all technical and economic solutions for construction of the plant will be finalized.
China's ethylene surge could spell more pain for U.S., European chemical firms
The world's second-largest economy operates more than 54 MMtpy of ethylene capacity and is projected to rise about 9% of global 2024 capacity by 2030.
ExxonMobil starts up new Singapore refining unit, boosts sour crude imports
The technology combines processes to convert fuel oil and other bottom-of-the-barrel crude products into higher-value lube base stocks and distillates.
China’s Sinopec begins Xinjiang refining and chemical upgrading project
China’s Sinopec has begun construction to upgrade its integrated refining and petrochemical project in the oil- and gas-rich Xinjiang region.
Indonesia to let private fuel retailers import gasoline via Pertamina amid shortages
Import restrictions on unsubsidized fuel limit consumer choices, contributing to shortages, and may be creating an unfair business practice.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
