Asia/Pacific
CPGC and BASF accelerate onboard CO2 capture system development
CSSC Power Co., Ltd. and BASF have formed a solid cooperation to expedite the progress of onboard carbon capture system for commercial maritime applications.
Pakistan PM says first discounted Russian crude oil cargo arrives in Karachi
Pakistan's Prime Minister Shehbaz Sharif said the first cargo of discounted Russian crude oil arranged under a new deal struck between Islamabad and Moscow had arrived in Karachi.
Reliance suspends Sikka diesel exports due to cyclone
Reliance Industries , which operates the world's largest refining complex, has suspended exports of diesel and other oil products from India's Sikka port because of a cyclone off the west coast of the country, traders said.
China's Unipec boosts Oman crude sales, caps oil prices despite Saudi cuts
China's Unipec, the trading arm of top Asian refiner Sinopec, has emerged as a major seller of August-loading Oman crude, a move that has helped to cap benchmark prices despite Saudi Arabia's plans to cut output next month.
Oil prices fall, U.S. Fed rate decision in focus
Oil prices fell ahead of a U.S. Federal Reserve meeting as investors tried to gauge its appetite for further rate hikes and amid concerns about the prospects for Chinese demand and rising Russian supply.
Maersk secures fuel for first methanol container ship journey
Denmark's Maersk said it has secured fuel for the first container vessel able to run on carbon-neutral methanol on its inaugural journey, from South Korea to Denmark.
Pakistan's Russian crude shipment paid in Chinese currency
Pakistan paid for its first government-to-government import of Russian crude in Chinese currency, the South Asian country's petroleum minister said, a significant shift in its U.S. dollar-dominated export payments policy.
Asahi Kasei and Mitsui to establish supply and procurement systems for bio-methanol
Asahi Kasei Corporation and Mitsui & Co., Ltd. will establish a supply and procurement scheme for bio-methanol produced in the United States.
The sustainable aviation fuel entrepreneurs poised for takeoff
Sustainable aviation fuel had a bumper year in 2022, with production soaring to at least 300 million liters, up 200% on the previous year, according to the International Air Transport Association.
India's May fuel consumption soars on robust manufacturing
India's fuel consumption surged in May with diesel sales scaling a record high, buoyed by strong factory activity in the third-largest oil consumer in the world.
- px Group signs LOIs for major SAF and green hydrogen/ammonia projects in Europe 6/19
- Oil tanker market signals more Middle East energy disruption ahead 6/19
- Yokogawa collaborates with Shell on robotics and AI technology for plant maintenance 6/19
- Alder Process Technology uses APS to produce low-carbon marine fuels 6/19
- FincoEnergies adopting Ofiniti’s eBDN technology in marine (bio)fuel delivery 6/19
- Australia: Roadmap launched for driving maritime decarbonization in the Pilbara 6/19
