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Asia/Pacific

Singapore aims for over 1 MMt of low-carbon methanol bunker supply by 2030

Singapore has the potential to supply over 1 MMt of low-carbon methanol annually by 2030 to meet rising demand for alternative bunker fuel.

China refiners imported record amounts of crude oil in 2023

Refiners in China imported record volumes of crude oil in 2023 to supply the country’s increasing refining capacity in order to support the country’s transportation fuel needs and produce feedstocks for its growing petrochemical industry.

Uzbekistan aims to achieve a chemical hub status with the help of Chinese polymer tech

Uzbekistan is embarking on a significant economic transformation with the help of Chinese technology, aiming to capitalize on its natural gas reserves by producing value-added products rather than solely relying on energy consumption.

Neste to supply SAF to Air New Zealand at Los Angeles International Airport

Neste and Air New Zealand have signed an agreement for the supply of nine million liters of neat Neste MY Sustainable Aviation Fuel.

China's Sinopec completes successful trial of crude to olefin technology

China's Sinopec Corp said it completed a successful trial processing crude oil directly into olefin, making the top Asian refiner one of the world's few companies that have applied the technology at an industrial scale.

JX to join forces with Sumitomo at large scale SAF project in Louisiana (U.S.)

JX Nippon Oil & Gas Exploration Corporation and Sumitomo Corporation executed consortium agreements to manage investment in the Louisiana Green Fuels BECCS project at Port of Columbia, Caldwell Parish, Louisiana (U.S.).

ClassNK awards approval in principle for methanol fuel supply system developed by Mitsui E&S Shipbuilding

ClassNK reviewed Mitsubishi Shipbuilding's system conceptual design based on part A of its "Guidelines for Ships Using Alternative Fuels," integrating IMO Interim Guidelines, and issued the AiP upon confirming compliance with prescribed requirements.

Astrid Maersk arrives in Shanghai for first green methanol bunkering in China

Maersk achieved a milestone as the large methanol-enabled vessel “Astrid Maersk” berths at Yangshan port in Shanghai, for the first green methanol bunkering with simultaneous cargo and bunkering operations in China.

Maersk names second vessel of its large methanol-enabled fleet “Astrid Maersk” in Japan

In a ceremony held in Yokohama, Japan today, the world's second large methanol-enabled container vessel was named "Astrid Mærsk".

Singapore fuel oil stockpiles extend slide to five-week low

Singapore's onshore fuel oil stockpiles extended declines to a five-week low, although inventory levels continued to average higher compared to last month.