Asia/Pacific
China oil demand growth poised to slow to around 4% in H1 2024
China's oil demand growth likely to ease in H1 2024 to around 4% with resurgent consumption from the aviation and petrochemical sectors offset by weaker diesel usage.
Singapore's middle distillates dip slightly amid surging exports
Singapore's middle distillates inventories fell marginally week-on-week as net exports of both gasoil and jet fuel/kerosene grew.
Japanese companies and Petronas to develop CCS project offshore Malaysia
Japanese companies have agreed to develop a carbon capture and storage (CCS) project with Malaysian energy firm Petronas which should start holding its first carbon dioxide (CO2) emissions from end-2028.
Maersk to buy 500,000 tpy of bio-methanol/e-methanol from China's Goldwind
Danish shipping group Maersk has agreed to buy 500,000 tpy of bio-methanol and e-methanol from China's Goldwind starting in 2026.
China plans pilot projects to boost use of biodiesel
China will launch a series of pilot projects to spur domestic production and consumption of biodiesel, according to the National Energy Administration.
Indonesia's Pertamina expects Balikpapan refinery expansion in 2024
Pertamina expects to complete the capacity upgrade at its Balikpapan refinery in April next year. The project will see the facility's production increase by 100,000 bpd to 360,000 bpd.
Clariant’s catalyst chosen for Shenghong’s new world-scale biodegradable plastics project
Clariant announced that its SynDane 3142 LA catalyst will be used in Jiangsu Shenghong Petrochemical Co., Ltd's maleic anhydride production plant in Lianyungang, Jiangsu province, China.
thyssenkrupp to supply processing tech for Australian urea unit
thyssenkrupp Fertilizer Technology has signed a contract with Saipem to license a urea granulation unit in Karratha, Western Australia.
GS Caltex sells its first bio-marine gasoil bunker in Singapore
GS Caltex Singapore Pte Ltd sold its first cargo of biofuel-blended marine gasoil to Maersk Oil Trading in Singapore, as it seeks to expand into lower carbon fuels.
China October gasoline exports fall 20% on year, diesel shipments up
China's gasoline exports fell 20% in October from a year earlier, as domestic road travel surged during the Golden Week holiday. Jet fuel demand increased, as well.
- Bechtel greenlit for Sabine Pass Liquefaction expansion in Southwest Louisiana (U.S.) 5/29
- Philippines receives rare Iranian crude cargo after wartime disruption 5/29
- Gazprom and Sibur resume talks on possible ethane project to supply additional feedstock to the Kazanorgsintez petrochemicals plant 5/29
- European Commission debates policy shift to protect industry from China 5/29
- Mitsui seeks LNG investments to meet power demand from data centers 5/29
- Kenyan government backs Gulf fuel supply deals after opposition criticism 5/29
