Asia/Pacific

ADNOC Gas signs $3-B, 10-yr LNG deal with Hindustan Petroleum Corporation Limited

Larsen & Toubro wins order for hydrocarbon onshore business

The project, to be delivered entirely on a lump sum turnkey basis, comprises engineering, procurement, construction and commissioning (EPCC) of a liquefied natural gas (LNG)/ethane double-wall storage tank with a capacity of 170,000 m3 and a propane double-wall storage tank with a capacity of 140,000 m3 at the Dahej Petrochemical Complex in Gujarat.

Formosa Petrochemical extends Taiwan cracker shutdown due to weak derivative margins

India's Nayara Energy buys only Russian oil in Dec for 5th straight month

Nayara, part-owned by Russian oil major Rosneft, operates a 400,000-bpd refinery at Vadinar in the state of Gujarat.

Chinese refiners' 2025 oil imports, December inflows both hit record highs

Vietnam's Nghi Son refinery processes first batch of non-Kuwaiti crude oil

Opinion: Win or lose, Trump’s fossil fuel gamble crowns China the clean-energy king

Beijing’s latest five‑year plan underscores its drive for self‑reliance in energy, critical minerals, and advanced technologies such as semiconductors and artificial intelligence.

Update: Indonesia scraps plan to introduce B50 biodiesel this year, will raise palm oil export levy

Indonesia had planned to launch the B50 grade - a blend of 50% palm oil-based biodiesel and 50% conventional diesel - in the second half of this year.

Venezuelan oil exports to China set to drop as U.S. blockade limits cargoes

The number of oil tankers departing Venezuela for China has fallen sharply after U.S. President Donald Trump imposed a blockade in December on sanctioned ships transporting Venezuelan oil, part of its pressure campaign on Venezuelan President Nicolas Maduro that culminated in a U.S. military incursion that captured him.

Aether Fuels secures $15 MM to decarbonize aviation’s global impact

This brings the company to a figure exceeding $60 MM in funding raised since 2022.