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Asia/Pacific

Singapore middle distillates stocks drop after 3 weeks amid strong jet fuel exports

Singapore's middle distillates stocks fell for the first time in three weeks, tracking robust net exports of jet fuel/kerosene though a dip in net exports of gasoil limited overall draws

Clariant inaugurates Daya Bay Exolit OP flame retardant plant

Clariant marks another milestone in its China Strategy with the official opening of its new state-of-the-art production facility for halogen-free flame retardants in Daya Bay, Huizhou.

Yokogawa joins Avelia’s blockchain-powered SAF purchasing program

Yokogawa Electric Corporation announces it has become the first industrial automation customer headquartered in Asia to join Avelia, a blockchain book-and-claim platform for SAF.

China's Hengli Petrochemical wins license to supply bunker in Zhoushan

A subsidiary of Hengli Petrochemical, China's privately controlled refiner and petrochemical producer, has won a license to supply bonded marine fuel in Zhoushan, the country's bunker hub.

Sinopec NZRCC selects Lummus' polypropylene technology for large-scale plant in China

Lummus Technology announced a contract from Sinopec Ningbo Zhenhai Refining & Chemical Co. Ltd. to license Lummus' Novolen technology for a new 500 ktpa polypropylene plant in Ningbo, China.

Vietnam's largest refinery Nghi Son says major maintenance completed

Vietnam's largest refinery Nghi Son completed major maintenance at the facility, one week ahead of schedule.

Global diesel prices soften as inventories edge upward

Global distillate fuel oil inventories remain much lower than normal for the time of year but there are signs they are no longer falling which has eased some of the upward pressure on prices.

India wants Saudi Aramco to develop strategic petroleum reserve as ties strengthen

India wants Saudi Arabia's Aramco to participate in its planned 6.5 Mmt strategic petroleum reserve program as the South Asian nation wants to strengthen ties with its key oil supplier.

Indonesia's Garuda conducts test flight with palm oil-blended jet fuel

Flag carrier Garuda Indonesia said it has completed a test flight using a palm oil-blended jet fuel on a Boeing 737-800NG aircraft.

India's September fuel demand slips 2% month-on-month

India's fuel consumption dropped 2% month-on-month in September, data from the Petroleum Planning and Analysis Cell of the oil ministry showed.