Asia/Pacific
Indian Oil makes rare offer of jet fuel for March export
NEW DELHI/SINGAPORE (Reuters) -- Indian Oil Corp may regularly export jet fuel from its 300,000 bpd Paradip refinery as the country's kerosene demand eases with the government's push to use of cooking gas.
Indian refiners process 1.5% less oil in January
(Reuters) -- Indian refiners processed 21.11 MMt, or 4.99 MMbpd, of crude oil in January, a decline of around 1.5% compared with the same period last year, as many state refiners shut units for maintenance, preliminary government data showed on Wednesday.
Malaysia's Petronas, Saudi Aramco may sign new deal on refinery project
KUALA LUMPUR (Reuters) -- Malaysia's state oil firm Petroliam Nasional Bhd (Petronas) and Saudi Aramco are expected to sign an agreement to collaborate in the country's Refinery and Petrochemical Integrated Development (RAPID) project, two industry sources said on Wednesday.
Japan's Mitsubishi buys Iran naphtha cargo
TOKYO/SINGAPORE (Reuters) -- Japan's Mitsubishi Corp bought a naphtha cargo from Iran last month, the Asian country's first such purchase from Iran since October 2016, sources familiar with the matter said.
Singapore carbon tax would hit refiners, help renewables
SINGAPORE (Reuters) -- Singapore's proposed plan to tax greenhouse gas emissions would probably hit oil refiners hard, ramping up costs in an industry that has been central to the city-state's rapid development over the last half-century.
Wison Engineering, HALDOR TOPSOE sign research, development agreement
SHANGHAI – Wison Engineering Service Co. Ltd, one of the leading chemical engineering, procurement and construction management service providers in China, announced that its non-wholly owned affiliated company, Wison Engineering Ltd., has signed a collaboration agreement on research and development with HALDOR TOPSOE, a world leader in catalysts and surface science.
NRL wax exported to Indonesia, Dominican Republic
Numaligarh Refinery Limited wax is on its way to Indonesia and Dominican Republic after an export consignment comprising of 40 metric tons of fully refined paraffin wax was flagged off to the two countries from NRL's marketing terminal by GM NRL Mr. N. Borthakur. With this, the total export of paraffin wax from NRL's wax plant stands at 2,172 metric tons.
After OPEC cuts heavy oil, China teapot refiners pull US supply to Asia
SINGAPORE/HOUSTON (Reuters) -- Chinese independent, or teapot, refiners are bringing in rare cargoes of North American heavy crude in a new long-distance flow that traders say has only been made possible by OPEC's output cuts and ample supplies in Canada and the United States.
Japan's JX says cuts crude refining target due to "problem"
TOKYO (Reuters) -- Japan's JX Nippon Oil & Energy Corp has cut the amount of crude oil it expects to refine in February by about 4% from an earlier target due to unspecified problems with secondary units at multiple refineries.
Rosneft-led consortium plans to complete Essar acquisition next month
MOSCOW (Reuters) -- A consortium led by Russian oil major Rosneft plans to finally complete its $12.9 billion acquisition of India's Essar Oil next month, two Russian sources close to the deal told Reuters.
- 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
