Asia/Pacific
Indian refiners' October crude processing up over 3% y/y
Indian refiners' throughput in October rose over 3% year-on-year to 5.04 MMbpd (21.3 MM tonnes).
China issues extra crude oil import quota to teapot refineries
China has issued an additional crude oil import quota of at least 5.84 MM tonnes (t) (116,800 bpd) to independent refiners for cargoes arriving by end-2024 and in early 2025.
Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising
Russia's second-largest oil producer Lukoil is restoring operations of its catalytic cracker complex, ramping up gasoline output after the unit's breakdown on Nov. 13.
U.S. October gasoline imports hit post-pandemic low on slump in European shipments
U.S. waterborne gasoline imports fell in October to their lowest since the COVID-19 pandemic, with European shipments to the U.S. Northeast hitting a record low and Asian cargoes more than halved from a year ago.
Singapore middle distillates stocks rise for fourth week to six-week high
Singapore's middle distillates inventories rose for the fourth straight week to a six-week peak as net exports of jet fuel slid further while those of diesel climbed.
Vietnam's Binh Son refinery says 2024 output seen at 6.6 MM tonnes
Vietnam's Binh Son Refining and Petrochemical said on Thursday that 2024 output at its Dung Quat refinery was estimated at 6.6 MM tonnes, beating its target by 15%.
Japan's Cosmo Oil restarts 86,000-bpd Yokkaichi CDU after maintenance
Japan's Cosmo Oil, a unit of Cosmo Energy Holdings, has restarted the 86,000-bpd crude distillation unit (CDU) at the Yokkaichi refinery in central Japan on Nov. 9 after planned maintenance.
Aramco, Rongsheng Petrochemical sign framework agreement for SASREF petrochemicals expansion project
Aramco, Aramco affiliate Saudi Aramco Jubail Refinery Company (SASREF), and an affiliate of Rongsheng Petrochemical Co. Ltd. (Rongsheng Petrochemical) have signed a Development Framework Agreement in Beijing, China, that paves the way for an expansion project at SASREF in Jubail, Kingdom of Saudi Arabia.
Asia's jet fuel imports from India to hit multi-year highs in November
Asia's imports of jet fuel from India are set to hit multi-year highs in November ahead of peak winter demand after refinery outages and lower exports from China crimped supplies.
INEOS, GNFC sign MoU to build a new world scale acetic acid unit in India
INEOS Acetyls and Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) signed a Memorandum of Understanding to explore the feasibility to build a new world scale, 600,000-tpy acetic acid plant at GNFC's site in Bharuch, Gujarat, India.
- Bechtel greenlit for Sabine Pass Liquefaction expansion in Southwest Louisiana (U.S.) 5/29
- Philippines receives rare Iranian crude cargo after wartime disruption 5/29
- Gazprom and Sibur resume talks on possible ethane project to supply additional feedstock to the Kazanorgsintez petrochemicals plant 5/29
- European Commission debates policy shift to protect industry from China 5/29
- Mitsui seeks LNG investments to meet power demand from data centers 5/29
- Kenyan government backs Gulf fuel supply deals after opposition criticism 5/29
