Naphtha
Russia ramps up oil products supplies to Indonesia
Russia is ramping up shipments of oil products to Indonesia as Moscow seeks to expand new markets for its exports in the wake of Western sanctions imposed over its invasion of Ukraine.
Russia's Novatek plans condensate processing complex in Murmansk
Russian energy company Novatek plans to build a complex in Murmansk to process and ship stable gas condensate.
Taiwan's Formosa cuts refinery run rate to 68% on planned maintenance
Taiwan's Formosa Petrochemical Corp. is operating its refinery at 68% capacity this month, or about 370,000 bpd, down from 70% in March due to planned maintenance on one of its refining units.
Update: India's fuel demand hits 10-month high in March
India's fuel demand in March hit a 10-month high, rising 9.3% from the previous month to 20.91 MM tonnes (t).
Oil, gas and refined product imports exempted from Trump’s sweeping tariffs
The exemption will come as a relief to the U.S. oil industry, which had expressed concerns that new levies could disrupt flows and raise costs on everything from Canadian crude oil serving Midwest refineries to European cargoes of gasoline and diesel to the eastern seaboard.
Consortium concludes MoU for study on SAF, bio-naphtha and renewable diesel from domestic forest residues
Japan Airlines Co., Ltd., Marubeni Corporation, Mitsubishi Chemical Corporation, Chugoku Lumber Co., Ltd., Boeing Japan KK and Obayashi Corporation have concluded a memorandum of understanding on a preliminary business feasibility study for the manufacture and sale of sustainable aviation fuel, bio-naphtha and renewable diesel from domestic forest residues.
Russia replaces UAE as the top naphtha supplier to India in 2024–25
Russia has surpassed the United Arab Emirates (UAE) as India's top naphtha supplier in the year to March 2025, as refiners capitalize on discounted cargoes, preliminary ship-tracking data showed, a trend buyers expect to persist for another year.
Venezuela's PDVSA to keep producing, exporting and processing oil previously handled by Chevron
Venezuela's state-run PDVSA has put together three operational scenarios as part of a plan to continue producing and exporting oil at its largest JV with Chevron once a license for the U.S. major to operate in the country expires next month.
ExxonMobil buys naphtha as China petchem complex enters test runs
ExxonMobil has purchased several shipments of naphtha for its newly launched petrochemical complex in southern China as the U.S. energy major prepares for the formal start-up of the $10-B plant.
Russia naphtha exports to Asia fall to 1-yr low, support margins
Russian naphtha flows to Asia plummeted to a 1-yr low in February following fresh drone attacks on Russian refining infrastructure, boosting prices for the plastic raw material in the east.
- Dow Chemical delays construction on multi-billion-dollar Path2Zero project in Fort Saskatchewan, Alberta, Canada 4/25
- Asahi Kasei, Nobian, Furuya Metal and Mastermelt commence joint project to recycle metals, signaling a milestone towards circularity in the chlor-alkali industry 4/25
- India's Delhi plans to curb gasoline car sales, ban gas-guzzling bikes to shed polluter tag 4/25
- Automakers rush to meet surging China demand for long-range hybrids 4/25
- Aster Chemicals to bid for ExxonMobil's Singapore fuel stations 4/25
- Wärtsilä, Höegh Evi and partners complete development of world’s first floating ammonia-to-hydrogen cracker 4/25
