Asia/Pacific
Petronet LNG selects Lummus' Novolen Technology for new, large-scale plant in India
Petronet LNG will license Lummus' Novolen® polypropylene technology for a new 500.000-tpy plant in Dahej, Gujarat, India.
Fire at huge Russian diesel depot engulfing more storage tanks
A fire sparked by a Ukrainian drone attack on a huge diesel depot in Russia's southern Rostov region on Sunday has engulfed more fuel storage tanks.
Blast at Russian petrochemical plant injures three
A blast and fire on a fuel pipeline at the Sterlitamak petrochemical plant in Russia's Bashkiria region east of Moscow injured three people.
Shell Singapore shuts Bukom refinery units for maintenance
Shell Singapore has shut one crude distillation unit (CDU) and other facilities at its refinery on Bukom island for a scheduled overhaul.
Russian oil refining volumes up in August
Russian oil companies have boosted oil refining volumes this month as Gazprom plants ramped up output.
China's biodiesel producers seek new outlets as hefty EU tariffs bite
Chinese biodiesel producers are seeking new outlets in Asia for their exports and exploring producing other biofuels as supply to the European Union, their biggest buyer, dries up ahead of anti-dumping tariffs.
Diesel consumption falls in China due to reduced economic activity and fuel substitution
The U.S. EIA estimates that diesel consumption in China totaled 3.9 MMbpd in June 2024, a decline of 11% from the same month last year and the largest year-over-year decline in consumption for any month since July 2021.
China's July oil refinery output sinks to the lowest since Oct 2022
China's oil refinery output in July fell 6.1% from a year earlier, down for a fourth month as thin processing margins and tepid fuel demand discouraged production.
Singapore's middle distillates stocks edge up for third week to > 12 MMbbl
Singapore's middle distillates stock levels edged up for a third straight week, hitting above the 12-MMbbl mark, as the decline in jet fuel/kerosene net exports offset gains in diesel/gasoil net exports.
Russia's fuel supplies to Asia around Africa hit record high in July
Russia's seaborne exports of oil products to Asia via the Cape of Good Hope almost doubled month-on-month in July to a record high of 1.1 metric MMt, as more vessels take the route around Africa to avoid the Suez Canal shortcut.
- Dow to close three European chemical plants, cut 800 jobs 7/10
- Indian Oil to upgrade Panipat refinery's diesel unit for green jet fuel production 7/10
- Nayara to use Univation Technologies' PE process for world-scale plant in India 7/10
- Gunvor plans to halt oil terminal activities at Europoort refinery 7/10
- EU to set up Critical Chemical Alliance to secure supply chains 7/10
- Greenergy proposes to close Immingham biodiesel plant in the UK 7/10
