Asia/Pacific

Why do private gasoline retailers in Indonesia face shortages?

Many fuel stations operated by companies such as Shell, bp and others have run out of gasoline and are left selling only diesel, frustrating customers.

Taiwan's CPC Corp seeks November-delivery gasoil in rare move

The state-owned refiner issued a tender to buy one 300,000-bbl cargo of 10 ppm sulfur gasoil for November 1–12 delivery.

India's diesel exports to Europe potentially surged to record in September

September volumes from Asia's key swing supplier bound for Europe were at 1.3 MM metric t–1.4 MM metric t (9.7 MMbbl–10.4 MMbbl).

Taiwan says it will cooperate with further restrictions on Russian energy imports

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, a major hard currency earner for Russia.

Pertamina says crucial unit of Balikpapan refinery upgrade will start in Q4

Balikpapan is one of Pertamina's largest refineries and the upgrade is designed to increase its refining capacity to from 260,000 bpd to 360,000 bpd, as well as improve its efficiency and diversify its operations.

ITOCHU to supply low-carbon methanol fuel for NYK Line at Port of Ulsan

The low-carbon methanol fuel recently supplied by ITOCHU is made from biomass-derived raw materials, and it is expected that the GHG emissions throughout the life cycle of the fuel will be less than that of conventional fuels.

Borouge, Siegwerk, and TPN Food Packaging launch fully recyclable mono-material packaging solution

Aster Chemicals invests $125 MM in mooring, pipeline works for Singapore refinery

Chinese refiner Yulong brings second steam cracker online

The refiner now operates two 200,000-bpd crude oil units at the $20-B complex built on a man-made island in the Longkou county of Yantai city.

Indonesia's Pertamina says fuel retailer Vivo agrees to purchase gasoline

Shell, BP-AKR—the operator of bp's fuel stations—Vivo and others ran low on supply this month as more customers turned to them after a probe into the quality of Pertamina's own gasoline.