Asia/Pacific
Indonesia seizes Iranian-flagged tanker suspected of illegal oil transfer
Indonesia's coast guard said it seized an Iranian-flagged supertanker suspected of involvement in the illegal transshipment of crude oil and vowed to toughen maritime patrols.
India's ethanol program will cap future sugar exports
India, the world's second-largest sugar producer and a major exporter in recent years, will likely have a smaller role in the sugar export market going forward as its government-led ethanol program continues to expand.
Oil dips on Chinese and U.S. data, but OPEC+ cuts limit fall
Oil prices dipped after weak economic data from top consumers the United States and China, though expected crude supply cuts from Saudi Arabia and Russia limited losses.
IndianOil & Praj to form JV for building biofuels production capacities in India
In a significant development today, Indian Oil Corporation Limited and Praj Industries Limited signed a term sheet to advance plans to strengthen biofuels production capacities in India.
thyssenkrupp Uhde Oleochemicals Thailand wins contract for alkoxylation reactor unit
thyssenkrupp Uhde Thailand has been awarded a contract by BASF for engineering services and proprietary equipment supply for its new non-ionic surfactant plant at its Zhanjiang Verbund Site Project, Guangdong Province, China.
Mitsui buys 49% of Danish e-methanol plant from European Energy A/S
Japan's Mitsui has agreed to buy 49% of a Danish e-methanol plant and a connected solar plant from the privately-owned renewable energy firm European Energy A/S, the Danish firm said.
INEOS takes step forward in Southern France with the acquisition of TotalEnergies’ petchem assets at Lavera
INEOS has signed a deal to acquire TotalEnergies’ 50% share of Naphtachimie, Appryl, Gexaro and 3TC, which are all currently joint ventures between the two companies.
India tops Russian Urals oil purchases in June as China retreats
India bought 60% of all Russian Urals oil exports in June with strong demand from all refiners, while shipments to China dropped to just 7% as independent refiners slowed buying, trading sources and data showed.
Japan's NYK, GCMD sign 5-year agreement for low-carbon shipping collaboration
Japan's leading shipping company NYK has signed a 5-year contract with the Global Centre for Maritime Decarbonisation to collaborate on low-carbon solutions for shipping.
LG Chem: considering ways to lift competitiveness of petrochemical business
South Korean petrochemical operator LG Chem said it is considering various ways of improving the company's competitiveness.
- Dow, Ambipar partner to promote plastics recycling in South America 11/26
- Hygenco selects Topsoe as technology provider for green ammonia production 11/26
- Aviation sector officials warn of Trump effect on green jet fuels 11/26
- Russia's oil and gas revenue down by a third in November m/m 11/26
- Contentious COP29 deal shows climate cooperation fraying at edges 11/26
- Oil majors betting big on biofuels with more than 40 projects by 2030 11/26
