Asia/Pacific
Saudi Arabia tightens its grip on Japan, its biggest Asian oil market
SINGAPORE/TOKYO (Reuters)— Saudi Arabia has boosted its market share in Japan, the world's top oil exporter's biggest Asian market, by selling more light crude to the country as a way to offset revenue lost implementing OPEC's production cuts.
Asia's booming diesel market draws rare European cargoes
LONDON/SINGAPORE (Reuters) — Oil traders are shipping diesel out of Europe to Asia and the Middle East where strong demand and tighter supplies have boosted prices, in a rare arbitrage that reverses traditional routes.
Saudi Aramco, Hyundai Heavy to make engines and pumps together
DUBAI (Reuters) — National oil giant Saudi Aramco said it had signed a memorandum of understanding with South Korea's Hyundai Heavy Industries to make engines and marine pumps in the kingdom.
Pakistan State Oil seeks 905 Mt of oil products for September
SINGAPORE (Reuters) — Pakistan State Oil is seeking 905,000 t of gasoline and fuel oil for September, three tender documents showed on Wednesday.
Indian refiners tap spot crude market to feed increased capacity
SINGAPORE/NEW DELHI (Reuters) — Indian companies have stepped up purchases of high-sulfur crude oil from the Middle East and Russia in the spot market to feed demand from expanded refining capacity, trade sources said.
Indian Oil plans to buy N. American sour crude for the first time
SINGAPORE/NEW DELHI (Reuters) — India's top refiner has issued its first tender to buy high-sulfur, or sour, crude from North America as it seeks to diversify imports, three trading sources said on Tuesday.
Malaysia's Lotte Chemical Titan raises $878 MM in IPO
KUALA LUMPUR (Reuters) — Malaysia's Lotte Chemical Titan Holding raised about 3.77 B ringgit ($878 MM) from an initial public offering (IPO) after pricing its shares at the bottom of an indicative range.
Sinopec upgrades 11 refineries to meet stricter fuel standards
BEIJING (Reuters) — China's Sinopec says on Monday the company has upgraded 11 refineries in North China to meet the stricter standards for fuel.
Japan's Idemitsu: No plan to call shareholders' meeting on Showa Shell merger
TOKYO (Reuters) — Japan's Idemitsu Kosan Co said it had no plans to call a shareholders' meeting to vote on a merger with rival Showa Shell Sekiyu after the issuance of new shares, which would dilute the stake held by the refiner's founding family.
Develop reactor internals for optimizing reactor design: High-performance vapor-liquid distributor
Vapor-liquid distributors are a crucial element of reactor internals for maximizing catalyst utilization of fixed-bed reactors.
- 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
