Asia/Pacific
Update: Indonesia to implement B40 palm oil biodiesel on Jan. 1, 2025
Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, lifting prices of the vegetable oil to a more than two-week high.
China’s Rongsheng Petchem buys its first Canadian Kearl Lake crude from Exxon
Chinese refiner Rongsheng Petrochemical has bought 1.65 MMbbl of Canadian crude oil to be exported from the Trans-Mountain pipeline for delivery in November, including its first cargo of Kearl Lake crude.
Russia uses vessels sanctioned by EU for fuel, diesel exports
Russia has started to use vessels sanctioned by the Europe Union (EU) for oil products exports.
Mitsubishi Chemical to conduct studies on chemical recycling of tires using coke ovens
The Mitsubishi Chemical Group has launched studies to perform chemical recycling of end-of-life (ELT) tires by utilizing the coke ovens at its Kagawa plant (Sakaide City, Kagawa Prefecture). The MCG Group aims to begin marketing sustainable carbon black made from ELTs by March 2026.
Sembcorp, Sojitz, Kyushu Electric sign terms with NYK to transport green ammonia from India to Japan
Sembcorp Green Hydrogen Pte. Ltd., a wholly-owned subsidiary of Sembcorp Industries (Sembcorp), together with Kyushu Electric Power Co. Inc. and Sojitz Corporation, have announced Nippon Yusen Kabushiki Kaisha (NYK) as a shipping partner for the export of green ammonia to Japan.
Singapore's middle distillates stocks snap three-week uptrend
Singapore's middle distillates inventories fell 5% from last week, snapping three weeks of gains as a jump in net jet fuel/kerosene exports outweighed declines in diesel/gasoil net exports.
India surpasses China to become Russia's top oil buyer in July
India overtook China as the world's biggest importer of Russian oil in July as Chinese refiners bought less because of lower profit margins from producing fuels.
Air Products and Saneg announce $140-MM assets acquisition deal in Uzbekistan
The Fergana refinery in Uzbekistan is starting the industrial production of hydrogen (H2) by transferring its H2 production assets to Air Products.
Japan signs 70 MoUs with partners on energy transition
Japan signed 70 memorandums of understanding (MoUs) on energy transition with partners on Wednesday on the sidelines of the Asia Zero Emission Community (AZEC) ministerial meeting in Jakarta.
Petronet LNG selects Lummus' Novolen Technology for new, large-scale plant in India
Petronet LNG will license Lummus' Novolen® polypropylene technology for a new 500.000-tpy plant in Dahej, Gujarat, India.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21