Asia/Pacific
U.S. to impose further sanctions on Russian oil fleet and traders
The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S. Treasury document circulating among traders in Europe and Asia that drove global oil prices 3% higher on Friday.
Digital Exclusive: Automation and digital technologies' role in the energy transition-A discussion with Yokogawa
Hydrocarbon Processing sat down with Mitsuhiro Yamamoto, Vice President and Executive Officer of the Systems Business Division, Digital Solutions Headquarters, Yokogawa Electric Corporation to discuss the global energy transition, and how digital technologies and automation have and will play a major role in the evolution of the processing industries.
SOCAR's STAR oil refinery to supply jet fuel for Istanbul Airport
Azerbaijan SOCAR's STAR oil refinery will supply 700,000 metric tpy (about 15,000 bpd) of jet fuel to Istanbul Airport for three years starting from 2025.
Idemitsu to begin trial of non-edible oilseed crop for SAF
Idemitsu Kosan will begin a trial plantation of the non-edible oilseed tree crop pongamia in Australia from mid-January to assess its potential as a feedstock for sustainable aviation fuel (SAF).
Axens tapped for 3 new Vegan® licenses for SAF and renewable diesel production
Galp, LOKEN and SAFCO Venture Holdings Limited have selected Axens’ Vegan® technology for their hydrogenated vegetable oil and sustainable aviation fuel production facilities located in Portugal, Malaysia and Pakistan.
Neste, KPI OceanConnect and Global Energy collaborate for first delivery of Neste MY Renewable Diesel to Singapore marine sector
Neste and KPI OceanConnect, a global provider of marine energy solutions, have collaborated on the supply of Neste MY Renewable Diesel™ to the marine sector in Singapore in partnership with Global Energy for operational delivery in Singapore waters.
Sinopec's Zhenhai refinery says fire at crude unit has been put out
China's Sinopec Zhenhai refinery said a fire that broke out on one of its crude distillation units (CDUs) late on Tuesday had been put out, with no casualties or injuries reported. The incident took place during the commissioning of new units in a major expansion at the plant.
China's Shandong Port, entry point for most sanctioned oil, bans U.S.-designated vessels
Shandong Port Group has banned U.S.-sanctioned tankers from calling into its ports in the eastern Chinese province, home to many independent refiners that are the biggest importers of oil from countries under U.S. embargo.
Asia's crude oil imports drop in 2024 as weak China weighs
Asia's crude oil imports dropped in 2024, the first annual decline in three years, led by weak demand from heavyweight China and other major buyers, with only India managing sparse growth.
U.S. plans more sanctions on tankers carrying Russian oil
The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues with action against tankers carrying Russian crude.
- Update: IATA airlines chief warns aviation industry falling behind on net-zero 4/7
- Improved recycling of plastic from packaging waste 4/7
- India not to raise petrol, diesel retail prices despite tax hike 4/7
- China teapot oil refiners improve run rates but demand woes, sanctions weigh 4/7
- U.S. refiners' shares hit near 2-yr lows as Trump tariffs spur fuel demand fears 4/7
- Update: India's fuel demand hits 10-month high in March 4/7
