Asia/Pacific
U.S. targets China oil storage terminal in new Iran-related sanctions
The Trump administration imposed sanctions on Iranian oil trading networks on Thursday, including on a China-based crude oil storage terminal linked via a pipeline to an independent refinery, just days before talks between the U.S. and Iran.
thyssenkrupp Uhde to deliver sustainability and digital services for Brunei Fertilizer Industries
This agreement signifies a key milestone in the ongoing collaboration between the two companies, aimed at advancing digitalization and implementing clean technologies in the fertilizer industry.
Russia lacks infrastructure to replace U.S. LPG for China
Russia's exporters of liquefied petroleum gas (LPG) are unlikely to be able to provide enough LPG to make up for U.S. supplies disrupted by tariffs, traders said on Thursday, citing a lack of infrastructure.
Taiwan's Formosa cuts refinery run rate to 68% on planned maintenance
Taiwan's Formosa Petrochemical Corp. is operating its refinery at 68% capacity this month, or about 370,000 bpd, down from 70% in March due to planned maintenance on one of its refining units.
Russia's Far East oil refinery operating at full capacity after fire
An oil refinery operated by Russian oil giant Rosneft in Komsomolsk-on-Amur in the country's Far East region is producing at full capacity after a fire at the site was extinguished on Thursday.
China petchem plants face shutdown as tariffs on U.S. LPG loom
Chinese petrochemical makers that buy $11 B worth of U.S. liquefied petroleum gas (LPG) annually are poised to cut output or shut for maintenance in coming weeks as Beijing's retaliatory tariffs on U.S. imports drive up costs.
Indian Oil Corp to build $7.1-B dual-feed cracker in Odisha state
Indian Oil Corp will build a $7.1-B, 1.5-MMtpy dual-feed naphtha cracker near its Paradip refinery in Eastern Odisha state,
India's HPL to start maintenance turnaround at Haldia petrochemical complex in mid-April
HPL has a 700,000-metric ttpy ethylene plant, 491,000 tpy of chemical processing capacity and about 1 MMtpy polymer processing capacity at its manufacturing facility in Haldia in the eastern state of West Bengal.
Towngas to supply green methanol to Golden Island for Singapore bunkering operations
The Hong Kong and China Gas Co. Ltd. (Towngas), a leading provider of ISCC-certified green methanol, has announced that Singapore-based bunker supplier Golden Island Pte. Ltd. will be procuring Towngas’s green methanol for its bunkering operations in Singapore, marking a significant expansion of Towngas’s green methanol supply network across Asia.
India not to raise petrol, diesel retail prices despite tax hike
India on Monday raised excise duty on petrol and diesel without passing on higher costs to consumers, a move that would boost the government's tax collection amid falling global oil prices.
- HIF Global and German eFuel One GmbH sign HoA for e-methanol offtake 2/20
- Venezuela's refineries boost processing to 35% of capacity 2/20
- New Trinidad gas projects could provide necessary feedstock for country's petchem and LNG sectors 2/20
- MK-Polymer delivers ethylene-propylene rubber to JSC Kazenergokabel 2/20
- Mexican authorities shut down 22-m long tunnel used in illegal smuggling of fuel supplies 2/20
- Digital Feature: First-stage ejector nozzle retrofit achieves meaningful performance improvement 2/20
