Asia/Pacific
Hygenco enters into MoU with REC to finance green ammonia project in India
Hygenco Green Energies Pvt. Ltd., a pioneer in producing low-cost green hydrogen (H2), has entered into a memorandum of understanding (MoU) REC Ltd. (previously Rural Electrification Corp. Ltd.) for financing Hygenco's Green Ammonia Project in Gopalpur, Odisha.
Russia's diesel, gasoline output capacity to fall sharply in Sept.
Russia's ability to produce diesel and gasoline is expected to fall sharply in September as seasonal maintenance at oil refineries peaks.
Update: Rosneft's complaint over Schwedt stake sale unlikely to succeed
Russia's Rosneft is unlikely to succeed with its complaint against Shell's planned sale of a stake in Germany's PCK Schwedt refinery, a German court said on Wednesday, citing a preliminary assessment.
Asia ultra-low-sulfur gasoil refining margins sink to near 3-yr low
Asia's ultra low-sulfur gasoil refining margins collapsed to the lowest in nearly three years, as excess supply and persistently soft derivative markets depressed prices.
Chinese court rules two Sinochem refineries in Shandong bankrupt
A Chinese court has ruled that two refineries owned by state oil and chemical group Sinochem were bankrupt after creditors failed to agree on restructuring plans.
India monsoon rains dent state retailers' diesel sales
Indian state retailers' diesel sales fell in the first half of September from the previous month, as monsoon rains hit industrial activity and mobility.
Russia's oil refining capacity seen rising in 2nd half of September, data shows
Russia's primary oil refining capacity is expected to rise in the second half of September as refineries are wrapping up their maintenance.
Germany to increase Kazakh crude oil imports, won't circumvent Russia sanctions
Germany will sign two contracts to increase oil imports from Kazakhstan for Berlin's main Schwedt oil refinery.
Oil India aims to operate Numaligarh refinery at 180,000-bpd capacity by 2027
State-run explorer Oil India Ltd. hopes to operate its refinery in the northeastern state of Assam at an expanded capacity of 180,000 bpd in the fiscal year to March 2027.
China's refinery output falls for a fifth month as fuel demand disappoints
China's oil refinery output in August fell 6.2% from a year earlier, declining for the fifth month as disappointing fuel demand and weak export margins curbed production.
- Neste, Braskem partner on supply of renewable and recycled feedstocks for polymers and chemicals production 10/23
- India's diesel consumption to rise 3%–4% in current fiscal year 10/23
- U.S. crude, gasoline inventories rise, distillates draw down 10/23
- Russia's Surgutneftegaz awards annual tender for diesel, fuel oil exports 10/23
- California expects the EPA to approve 2035 zero-emissions vehicle plan 10/23
- Russia ships rare naphtha and fuel oil cargoes to Indonesia 10/23
