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Asia/Pacific

China, Saudi Arabia top buyers of Russian fuel oil in September

China and Saudi Arabia were the top destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in September.

Mitsubishi Chemical Group to expand Japan production facility for optical film for polarizing plates, OPL Filmâ„¢

The Mitsubishi Chemical Group (the MCG Group) will expand its production facility for OPL Film™ products, optical polyvinyl alcohol (PVOH) film, at Mitsubishi Chemical’s Central Japan-Ogaki (Kanda) Plant in Ogaki City, Gifu Prefecture, Japan.

Russia's idle oil refining capacity to fall by 15% in later half of October

Russia's offline primary oil refining capacity is seen declining by around 15% in the later half of October from the first 15 days of the month.

Johnson Matthey opens its new engineering center in India

The center will tap into India’s engineering talent, increasing JM’s capacity to deliver projects for its customers across its core licensing business and new growth areas in hydrogen, sustainable fuels and chemicals.

Ampol to carry out further maintenance at Lytton, 3Q output plunges

Ampol, Australia's top fuel retailer, said on Tuesday it would undertake further maintenance at its Lytton refinery next month after the company reported a sharp drop in 3Q output, sending its shares to a 21-month low.

Global refinery margins fall to multi-year seasonal lows in September

Refinery margins for petroleum refiners across the world are shrinking, indicating reduced profitability from refining crude oil and selling petroleum products.

Russia's idle oil refining capacity revised up 10% for October

Russia plans to take offline 4.4 MM tonnes of refining capacity in October, an increase of 10% from an earlier plan, increasing the amount of crude oil available for export.

China oil imports fall from a year ago for fifth month, newest refinery starts up

China's oil imports fell in September by 0.6% from a year earlier, as plants curbed purchases because of weak domestic fuel demand and narrowing export margins.

Singapore marine fuel sales down for second month in Sept., though biofuels climb

Sales of marine bunker fuel at Singapore eased for a second consecutive month in September, though marine biofuel sales surged to a fresh record high.

CB&I awarded contract by Saipem Clough JV for Perdaman project in Western Australia

CB&I has been awarded a lump sum contract by the Saipem Clough JV for engineering, procurement and construction of ammonia storage and other process tanks for the Perdaman Chemicals and Fertilisers Urea Plant located on the Burrup Peninsula, Western Australia.