Asia/Pacific
China-U.S. trade war redrawing global LPG trading, outlook
The global liquefied petroleum gas (LPG) market is facing an upheaval as high tariffs on U.S. imports force Chinese buyers to swap American cargoes for alternatives from the Middle East, while U.S. shipments divert to Europe and elsewhere in Asia.
JGC, Amogy partner to accelerate large-scale ammonia cracking technology
JGC has signed a Memorandum of Understanding (MoU) with Amogy to utilize Amogy's catalyst for large-scale ammonia cracking technology development.
Indonesia ships 2.02 MMt of crude, refined palm oil in March
Indonesia exported 2.02 MM tonnes (t) of crude and refined palm oil in March, down slightly from the previous month's 2.06 MMt.
Russia ramps up oil products supplies to Indonesia
Russia is ramping up shipments of oil products to Indonesia as Moscow seeks to expand new markets for its exports in the wake of Western sanctions imposed over its invasion of Ukraine.
India eyes ending import tax on U.S. ethane and LPG in trade talks
India plans to end taxes on U.S. ethane and liquefied petroleum gas (LPG) imports under broader negotiations with Washington as it looks to reduce its trade surplus and ease its tariff burden.
KBR’s ammonia cracking technology selected by Hanwha for hydrogen project in Korea
KBR has been awarded a second ammonia cracking technology contract by Hanwha Impact Corp. for its clean power generation facility in Korea.
Asian slump, Cyclone Alfred, slash Ampol's refinery margins by half
Australia's top fuel retailer Ampol reported a 49% drop in 1Q refining margins for its Lytton refinery in Queensland on Wednesday, citing lost production due to Cyclone Alfred and weak refining margins in Singapore — a bellwether for Asia.
Murmansk could serve as transshipment hub for methanol exports to China
The development of the Murmansk Transport Hub (MTH) and Murmansk Port could be achieved through diversifying the cargo base.
Japan's Fuji Oil restarts 143,000-bpd Sodegaura CDU after fire
Japanese refiner Fuji Oil has restarted the 143,000-bpd crude distillation unit (CDU) at its Sodegaura refinery.
Japan's Eneos restarts 129,000-bpd Chiba CDU after maintenance
Japan's biggest refiner, Eneos Corp., restarted the 129,000-bpd crude distillation unit (CDU) at its Chiba refinery near Tokyo on April 7, following scheduled maintenance.
- Bechtel greenlit for Sabine Pass Liquefaction expansion in Southwest Louisiana (U.S.) 5/29
- Philippines receives rare Iranian crude cargo after wartime disruption 5/29
- Gazprom and Sibur resume talks on possible ethane project to supply additional feedstock to the Kazanorgsintez petrochemicals plant 5/29
- European Commission debates policy shift to protect industry from China 5/29
- Mitsui seeks LNG investments to meet power demand from data centers 5/29
- Kenyan government backs Gulf fuel supply deals after opposition criticism 5/29
