Asia/Pacific
Sri Lanka deploys military to maintain fuel supplies after strike
COLOMBO (Reuters) — Sri Lanka deployed its military on Wednesday to help distribute fuel after tens of thousands of employees of the state-run firm that controls the bulk of supplies in the island nation went on strike, officials said.
Essar commissions coke drum structure packages for BPCL’s Kochi Refinery
MUMBAI — Essar Projects India Ltd. (EPIL), an EPC contractor, announced the successful testing and commissioning of the coke drum structure package (CDSP) for Bharat Petroleum Corporation Limited’s Kochi Refinery (BPCL-KR). The contract value of this package is Rs. 645 crores.
China's crude oil imports to exceed 400 MMt this year
BEIJING (Reuters) — China's crude oil imports will exceed 400 MMt this year, said an executive at a Chinese state oil giant on Tuesday, as continuing low oil prices and declining domestic output sparked increased overseas purchases.
ADNOC cuts Sept crude allocation to 2 buyers by 10%
SINGAPORE (Reuters) — Abu Dhabi National Oil Co (ADNOC) notified two term buyers in Asia that they will receive 10% less crude for September, two sources familiar with the matter said on Tuesday.
Chinese oil trader Unipec seeks closer ties with teapot refiners
BEIJING (Reuters) — State oil trader Unipec will develop "really strong" ties with China's independent refiners, said a company executive on Tuesday, even as they present a growing challenge to its parent and Asia's top refiner, Sinopec Corp.
Vietnam's fuel imports may drop as Dung Quat oil refinery tax cut finally felt
SINGAPORE/HANOI (Reuters) — Vietnam's fuel imports may drop as the effects of a tax cut on sales of gasoline and diesel fuel from the country's Dung Quat oil refinery start to be felt as earlier term contracts expire.
Wison Engineering awarded EPFC contract from Formosa Plastics
SHANGHAI — Wison Engineering Services Co. Ltd., one of the leading chemical engineering, procurement and construction (EPC) management service providers in China, announced that its non-wholly owned affiliated company, Wison Engineering (China) Limited, has been awarded an engineering, procurement, fabrication and construction (EPFC) contract for one section of Low-Density Polyethylene (LDPE) project in Texas by Formosa Plastics Corporation.
Russia is top China oil supplier 4th straight month in June, longest streak ever
BEIJING (Reuters) — Russia was China's biggest crude oil supplier for a fourth straight month in June, its longest streak ever in the top spot, data from the General Administration of Customs showed on Monday.
India sets up panel to quicken govt's stake sale in HPCL to ONGC
NEW DELHI (Reuters) — India has decided to set up a panel headed by Finance Minister Arun Jaitley to expedite the sale of government's stake in refiner Hindustan Petroleum Corp to explorer Oil and Natural Gas Corp, Oil Minister Dharmendra Pradhan said.
China June diesel exports rise on year ago
BEIJING (Reuters) — China's exports of diesel rose in June on a year ago as refiners turn to foreign markets to offload their excess product, while liquefied natural gas imports also rose, customs data showed on Sunday.
- Malaysia plans to produce sustainable jet fuel in 2027 11/27
- ADNOC launches $80-B low-carbon energy and chemicals investment company 11/27
- Chevron sees California's fuel inventory law raising prices for customers 11/27
- Clariant’s MegaMax™ catalysts to power China’s first biomass-to-green methanol project 11/27
- easyJet, Renavia and WFS sign MoU for long-term supply of SAF 11/27
- Cyclyx to invest in second Cyclyx Circularity Center 11/27
