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Asia/Pacific

Venezuela's oil, fuel exports approach 1 MMbpd fueled by sales to Asia

Venezuela's oil exports jumped last month on higher sales to its mainstay Asia customers, and approached 1 MMbpd, a level not seen since early 2020.

BASF unveils new HDPE brand Easiplas and HDPE construction milestones at Zhanjiang Verbund site

BASF has launched Easiplas, a new brand of high-density polyethylene (HDPE), alongside reaching significant construction milestones at the HDPE plant at the Zhanjiang Verbund site in China

Traders using STS transfers near Senegal to export Russian naphtha to Brazil

Traders are using ship-to-ship loadings near the Senegalese port of Dakar to handle Russian naphtha exports to Brazil.

Australia's Ampol ends Lytton refinery repairs, provides output forecast

Australia's top fuel retailer Ampol said on Friday it had completed repairs at its fluidized catalytic cracking unit (FCCU) at the Lytton refinery in Queensland, and now expects total production for 2024 to be 5.2 B liters (l).

Indonesia committed to introduce B40 biodiesel on Jan. 1

Indonesia remains committed to start implementing a 40% mandatory biodiesel mix with palm oil-based fuel, or B40, on Jan. 1 next year.

Russian oil refinery runs in Nov. up 6% m/m

Russian refinery oil processing volumes in November are up by 6% versus October to 22.1 MM tonnes (5.4 MMbpd).

Germany's BSW pushes to restore Russian oil to Schwedt refinery, seeks regional legitimacy

Germany's leftist Sahra Wagenknecht Alliance (BSW), set to join a new Social Democrat-led regional state government in Brandenburg, announced plans on Wednesday to push for the main refinery that supplies most of Berlin's needs to be supplied with Russian oil once more.

Singapore distillates stocks tick up for fifth week

Singapore's middle distillates inventories advanced for the fifth consecutive week to their highest in seven weeks, as persistent weakness in diesel/gasoil exports countered a jump in jet fuel/kerosene exports.

Malaysia plans to produce sustainable jet fuel in 2027

Malaysia plans to start producing sustainable aviation fuel (SAF) in 2027, with an initial production capacity of 1MMtpy.

Clariant’s MegaMax™ catalysts to power China’s first biomass-to-green methanol project

Clariant's MegaMax catalyst was selected for a China’s biomass gasification-to-green methanol project. The plant will use a combination of farm waste and wind power to produce up to 250,000 tpy of green methanol in two phases by 2027.

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