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Asia/Pacific

Mexico's Pemex ships first fuel export from new Olmeca refinery to India

Mexico's Pemex this month shipped its first fuel export cargo from its new Olmeca refinery to India, a sign of progress after multiple delays and spiraling costs.

South Korea's S-Oil shuts a crude unit for scheduled overhaul

South Korea's S-Oil has shut the No. 1 crude distillation unit (CDU) and some refining units at its Onsan refinery for a scheduled overhaul this week.

Oil refiner Cnergyico buys Pakistan's first Black Sea CPC Blend

Pakistan's biggest oil refiner Cnergyico said it has recently bought Black Sea CPC Blend, marking the country's first import of this grade.

Gazprom development plan to include new petrochemical projects, polymer production

Gazprom's development plan for the next 10 years will include new petrochemical projects.

SIBUR to build ethylene pipeline from NKNKh to Kazanorgsintez at 2.5x more capacity by 2026

SIBUR is preparing to implement a project to reconstruct the pipeline that supplies ethylene from PJSC Nizhnekamskneftekhim to PJSC Kazanorgsintez.

Tanker ships condensate from Russia's Arctic LNG 2 to port of Vitino

A tanker has begun making shipments of gas condensate to the Arctic port of Vitino from the Arctic LNG 2 project.

Russian ESPO Blend oil jumps to premium on higher demand from Chinese refiners

Russia's Far East ESPO Blend oil grade has firmed to premium against the Brent benchmark on delivery basis for the first time since November 2023 on higher demand from Chinese refiners cooling India's buying.

Russia's Novatek launches new condensate unit at Ust-Luga complex

Russian energy company Novatek has launched the new processing unit at its gas condensate complex at the Baltic Sea port of Ust-Luga in the last third of the August.

China's new Yulong refinery runs crude unit at 60%–70%

China's latest greenfield refinery, Shandong Yulong Petrochemical, is running one of its two crude units at 60%–70%, as local government announced its official startup on Wednesday.

YECC awards ECI Group licensing contract for 150,000-tpy copolymer plant

ECI Group has signed a licensing agreement with Shaanxi Yanchang China Coal Yulin Energy & Chemical Co., Ltd. (YECC) to deliver a 150,000-tpy copolymer plant project, using ECI Group’s proprietary hybrid reactor technology.