Asia/Pacific
Russian diesel output set to fall 7.5% m/m to 7 MM tonnes in August
Production of diesel in Russia could decline by around 7.5% in August from July to 7.1 metric MMt due to outages and maintenance work at refineries.
Asia leads in fuel oil imports from Nigeria's Dangote, but volumes may fall
Asia has become the top destination for Nigeria Dangote refinery's low-sulfur straight run (LSSR) fuel oil exports in 2024 so far, though trade sources expect volumes to taper off going ahead.
U.S. imports of Chinese used cooking oil set for new record, future uncertain
U.S. imports of used cooking oil (UCO) from China are set to hit a record in the months ahead, even as regulatory uncertainty casts doubts over longer-term prospects of a trade that boomed last year.
Asia 10-ppm gasoil refining margins near 18-month low on clouded outlook
Asia's 10-ppm sulfur gasoil refining margins have slumped to a near 18-month low amid mixed market outlooks as well as softer ICE gasoil futures and prompt paper swaps.
Russia suspends publishing monthly fuel stats
Russia's state statistics service Rosstat said on Wednesday it was suspending publication of oil products output data.
TAQA, JERA collaborate on cogen plant for power to Jubail petrochemical complex (Saudi Arabia)
Abu Dhabi National Energy Company PJSC (TAQA) and JERA Co., Inc announced the successful financial closing of Najim Cogeneration Company Limited, a new industrial steam and electricity cogeneration plant that will produce electricity and steam for a petrochemical complex located in Jubail in the Eastern Province of the Kingdom of Saudi Arabia.
AM Green Ammonia reaches FID on its first MMt green ammonia project in India
AM Green Ammonia B.V. has achieved final investment decision (FID) for its first million-ton (MMt) green ammonia project located in Kakinada, Andhra Pradesh, India.
Acer, Cathay Cargo and Dimerco join forces to reduce carbon emissions via SAF
Cathay Cargo and Dimerco Express Group are joining forces to reduce carbon emissions in aviation. Acer and its logistics provider Dimerco have signed an agreement to support sustainable aviation fuel (SAF) use on Cathay Cargo’s flights, beginning from 2024.
Seven injured in fire at Russia's Omsk oil refinery, production continues
Seven people were sent to the hospital, with one in a serious condition, after a fire at Russia's Omsk oil refinery, although the plant said it was operating as normal and production plans would not be affected.
PetroChina posts record interim profit, but fuel sales decline
China's largest oil and gas company PetroChina's first-half net income hit a new high, up 3.9% compared with a year ago, as higher oil and gas prices outweighed the impact of reduced refining profits.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
