Asia/Pacific
BPCL secures land for $11-B refinery project in southern India
The order said the government has allocated 6,000 acres for a refinery and petrochemicals project costing about 968.62 B rupees and asked BPCL to begin commercial operations by January 2029.
Taiwan and India were top destinations for Russian naphtha in August
Since the European Union's full embargo on Russian oil products went into effect in February 2023, countries in the Middle East and Asia have become the main destinations for Russia's naphtha supplies.
Asia refinery 2024–2025 maintenance/outages
Planned and unplanned refinery shutdowns for 2024–2025 compiled through a survey of Asian oil refiners and market sources.
Taiwan's CPC Corp. shuts one crude unit at Talin for maintenance until November
The 150,000-bpd crude unit and some gasoline-producing units were shut around the middle of September.
Taiwan says private refiners willing to stop buying Russian naphtha
While Taiwan joined the United States and major Western allies in putting broad sanctions on Russia after it invaded Ukraine in 2022, it did not explicitly ban imports of energy.
Indonesia's Pertamina completes oil storage tank construction to support refinery upgrade
The overhaul of the Balikpapan facility is nearly finished and operations are scheduled to begin in November.
Idemitsu shuts 165,000-bpd Aichi CDU for scheduled maintenance
Its smaller rival Cosmo Oil, a unit of Cosmo Energy Holdings, also shut the 100,000-bpd CDU at its Sakai refinery in western Japan on August 27 for scheduled maintenance, with operations expected to resume in October.
BASF starts various petrochemical plants at Zhanjiang Verbund site in China
BASF has reached two significant milestones at its Zhanjiang Verbund site: the successful start-up of the butyl acrylate plant and the mechanical completion of the steam cracker and all integrated petrochemical plants.
Indonesia's state palm oil company to develop biodiesel complex in Papua in 2028
Agrinas has been assigned by President Prabowo Subianto to produce enough palm oil to meet rising demand for mandatory biodiesel blending, Fansuri said, with the goal of increasing the bio-content to eventually achieve 100% palm oil-based biodiesel, known as B100.
Malaysia's PRefChem shuts both residual fluid catalytic cracking units
The Johor-based refiner is trying to bring the units, which typically upgrade residual fuels into higher-value products such as gasoline, back online this week.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
