Asia/Pacific
Global LNG market will 'be tight' until 2026 - TotalEnergies CEO
The global LNG market will be tight until 2026, Patrick Pouyanne, CEO of TotalEnergies, said at a conference in Houston.
New ASEAN Energy and ACTUAL sign cooperation agreement to develop net-zero plan for the new $5-B Pengerang Energy Complex
New ASEAN Energy and ACTUAL have formed an agreement, leveraging ACTUAL’s AI-driven capital planning technology to develop a comprehensive net-zero emissions strategy for The Pengerang Energy Complex.
Singapore's middle distillates stocks hit highest in 2-1/2 years as exports dip
Singapore's middle distillates stockpiles surged by 8% week on week to hit a fresh high since September 2021 as net exports of both diesel/gasoil and jet fuel/kerosene slipped by 98% and 26%, respectively.
Fortescue conducts world's first ammonia bunker trial in Singapore
Fortescue has conducted the world's first ammonia marine bunker operation in the port of Singapore, the city-state's Maritime and Port Authority and the Australian mining company said.
Sanctioned tanker NS Century reaches China port to discharge Russian oil
The oil tanker NS Century, which is under sanction by the U.S., arrived at the Chinese port of Qingdao late to discharge its cargo of Russian crude oil, LSEG shipping data showed.
Vietnam's Dung Quat refinery: will keep selling products during maintenance period
Vietnam's Binh Son Refining and Petrochemical will continue selling refined petroleum products from its Dung Quat refinery during a 50-day maintenance period at the facility.
LyondellBasell sees strong chemical market in North America, while Europe and China lag
LyondellBasell said it was seeing a better market in North America for its chemicals so far into 2024 due to low ethane feedstock costs and better gasoline spreads, while the markets in Europe and China continue to be weaker.
South Korean authorities probe origins of naphtha imports
South Korean authorities are investigating imports of naphtha, a petrochemical feedstock, looking into whether supply from Russia was being mislabeled as fuel from elsewhere, multiple sources familiar with the matter said.
LyondellBasell's Spheripol and Hostalen ACP technologies at Inner Mongolia Rongxin Co., Ltd. complex in China
LyondellBasell, the world’s largest licensor of polyolefin technologies, announced that Inner Mongolia Rongxin Co., Ltd., will use the LyondellBasell Spheripol and Hostalen Advanced Cascade Process technologies for its new facility.
JERA to conduct trial of co-firing ammonia at coal power plant from March to June
Japan's top power generator, JERA, plans to co-fire 20% of ammonia with coal at its Hekinan thermal power station, in what it said will be the world's first trial using a large amount of the gas at a major commercial plant.
- AVTL to develop ammonia terminal in Pipavav, India 6/20
- Chevron seeks buyers for 50% stake in Singapore refinery 6/20
- Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict 6/20
- Mexican authorities discover clandestine mini-refinery in crackdown of illegal hydrocarbon trade 6/20
- Italy's Eni eyes new unit to manage oil refineries 6/20
- Inatech's Techoil implemented by Flint Hills Resources for a modern, integrated future 6/20
