Asia/Pacific
Singapore middle distillates stocks slip on rising jet fuel/kerosene exports
Singapore's middle distillates inventories fell by more than 100,000 bbls in the week ended May 29 amid higher net jet fuel/kerosene exports, though diesel/gasoil net exports declined.
Russia's Tuapse oil refinery remains idle after May 17 drone attack
Rosneft's Black Sea oil refinery in Tuapse may remain idle until at least mid-June, despite being repaired after a May 17 drone attack, due to low profitability.
Indian refiner-Reliance-to buy Russian oil in roubles
India's Reliance Industries Ltd., operator of the world's biggest refining complex, has signed a 1-yr deal with Russia's Rosneft to buy at least 3 MMbbls of oil/month in roubles.
Indonesia's Pertamina conducting gasoline tender for June
Indonesia's Pertamina is conducting a tender to procure 98-octane gasoline for June, an official at procurement subsidiary Pertamina Patra Niaga said.
X-Press Feeders' vessel is the first green methanol refueling in the Port of Singapore
X-Press Feeders, along with the Maritime and Port Authority of Singapore and PSA Singapore, achieved a historic milestone towards sustainable shipping with the arrival in Singapore and successful refueling of X-Press Feeders’ first dual-fuel vessel. This vessel, the first to dock and refuel with green methanol in the Port of Singapore, underlines the nation's commitment to supporting the transition to renewable fuels in the global maritime industry.
China plans CO2 emission cuts in key sectors by 1% of 2023 level
China aims to reduce the carbon dioxide (CO2) emissions of key industries by an amount equivalent to about 1% of the 2023 national total through efficiency gains in everything from petrochemicals, steel production and transportation.
Neste enables Vietnam Airlines’ first flight using sustainable aviation fuel
Vietnam Airlines, the flag carrier airline of Vietnam, has operated its first flight using Neste MY Sustainable Aviation Fuel.
NYK Bulkship (Asia) commences first shipment of sustainable aviation fuel
On May 25, NYK Bulkship (Asia) Pte. Ltd. (NBAsia) commenced its first shipment of sustainable aviation fuel (SAF). The SAF left Singapore on an MR-type product tanker and will be unloaded at the port of Los Angeles and San Francisco (U.S.) and delivered to the airports in the region.
India's Reliance signs 1-yr deal to buy Russian oil in roubles
India's Reliance Industries, operator of the world's biggest refining complex, has signed a 1-yr deal with Russia's Rosneft to buy at least 3 MMbbl of oil a month in roubles.
China’s BYD unveils new hybrid tech as battle with gasoline rivals heats up
China's BYD has launched the latest version of a plug-in hybrid technology that improves fuel and cost savings, intensifying competition with the likes of Toyota and Volkswagen that still sell mainly gasoline-powered cars.
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- Venezuela's refineries boost processing to 35% of capacity 2/20
- New Trinidad gas projects could provide necessary feedstock for country's petchem and LNG sectors 2/20
- MK-Polymer delivers ethylene-propylene rubber to JSC Kazenergokabel 2/20
- Mexican authorities shut down 22-m long tunnel used in illegal smuggling of fuel supplies 2/20
- Digital Feature: First-stage ejector nozzle retrofit achieves meaningful performance improvement 2/20
