Asia/Pacific
Russia struggles to sell Pacific oil, 14 tankers stuck
More than a dozen tankers loaded with 10-MM barrels of Russia's Sokol grade crude oil have been stranded off the coast of South Korea for weeks, so far unsold due to U.S. sanctions and payment issues.
Geely's e-fuels solution to a carbon neutral future
Geely's investment in green methanol technology has resulted in the development of the methanol-powered Geely Emgrand M100 Hybrid, contributing to a significant reduction in oil dependence for Guiyang's taxi fleet.
Maersk names first vessel of its large methanol-enabled fleet “Ane Maersk”
The world’s first large methanol-enabled container vessel has been named "Ane Maersk" at a ceremony in the shipyard of HD Hyundai Heavy Industries in Ulsan, South Korea.
Singapore fuel oil inventories slip on lower imports, higher bunker demand
Singapore onshore inventories of residual fuel oil slipped for a second straight week on lower imports, while more demand for marine bunkers also led to a drawdown.
India expects fuel demand to grow 2.7% in the next fiscal year
India's fuel consumption is expected to rise 2.7% in the next fiscal year beginning on April 1, initial government estimates showed.
PolyU develops high-efficiency CO2 electroreduction system for reducing carbon footprint and progressing carbon neutrality goals
To combat climate change and move towards the goal of carbon neutrality, researchers from The Hong Kong Polytechnic University have developed a durable, highly selective and energy-efficient CO2 electroreduction system that can convert CO2 into ethylene for industrial purposes to provide an effective solution for reducing CO2 emissions.
Woodside says Santos merger talks still at early stage as it forecasts higher production
Woodside Energy CEO Meg O'Neill said there was no recent precedent for sizable premiums in oil and gas deals as the producer reported it was still in the early stages of talks over a potential $52-B merger with Santos.
Solvay and Huatai expand hydrogen peroxide capacity in China to meet growing photovoltaic demand
Solvay is further extending its leadership position in the global hydrogen peroxide market by expanding the capacity of its Shandong Huatai Interox Chemical site in China.
Proactive Decision-Making for Emissions Management: The Roadmap to Net Zero
Industry leaders have committed to achieving net-zero carbon emissions by 2050.
India defers $602-MM plan to fill parts of strategic petroleum reserve
India has deferred a $601.78 MM plan to fill parts of its strategic petroleum reserve, keeping in mind emerging trends in oil markets.
- Pakistan-China to sign MoU on oil-to-chemicals complex in June 5/17
- China biofuel makers bet on sustainable aviation fuel 5/17
- AMETEK Land provides thermal imagers to large ethylene producer 5/17
- China's refinery output falls for first time in 20 mos due to maintenance 5/17
- Dow, SCG Chemicals sign MoU to transform 200,000 tpy of plastic waste into circular products 5/17
- Ukraine long-range attacks continue to disrupt Russian refining, energy operations 5/17
