Asia/Pacific
India cuts windfall tax on petroleum crude
India has cut the windfall tax on petroleum crude to ₹4,100 per ton from ₹6,400 per ton.
From crude oil to light olefins: Development and industrial application of the next-generation catalyst for catalytic pyrolysis process
Light olefins, particularly ethylene and propylene, are the most crucial building blocks for the petrochemical industry.
Hybrid-flex cars a great asset for Brazil's decarbonization efforts
Brazil's ability to produce and sell hybrid cars that can run on 100% ethanol is a huge asset for its auto industry as global economies push for decarbonization to tackle climate change.
US April oil exports top forecasts on Chinese demand
US crude oil exports rose more-than-expected last month, building on a record 4.5 million bpd in March, as Chinese refiners snapped up cargoes to meet rising fuel demand.
Business Trends: In uncertain times, how can industry balance energy security, sustainability and affordability?
What happened in 2022 has challenged assumptions about the energy transition.
Australia's Ampol first-quarter refining margins jump on solid fuel sales
Australia's Ampol Ltd on Thursday reported a 40.7% expansion in refining margins at its Lytton refinery in Queensland, powered by higher prices for refined products such as petrol and diesel with continued strong performance across all segments.
China May Day tourists to stoke gasoline and jet fuel use
Freed from the most onerous of their COVID restrictions, China's tourists are set to boost the country's gasoline and jet fuel consumption next month as travelers for the May Day holiday take to the skies and hit the road.
Japan's Cosmo to keep current refining capacity at least until 2030
Cosmo Energy Holdings Co Ltd plans to keep the current refining capacity at least until 2030 despite an expected fall in gasoline demand in Japan due to aging population and higher sales of electric vehicles.
W.R. Grace announces PP plant startups and license awards in China
W.R. Grace & Co announced the start-up of a 500,000-tpy PP reactor line by PetroChina GuangDong PetroChemical Company, the world’s second-largest petroleum company.
Asahi Kasei and Microwave Chemical demonstrates project for chemical recycling of polyamide 66 using microwave-based tech
Asahi Kasei and Microwave Chemical launched a joint demonstration project in April 2023 with the objective of commercializing a chemical recycling process for polyamide 66 using microwave technology.
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- How TotalEnergies is utilizing hydrogen to decarbonize its refineries 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
- Yokogawa celebrates 50th anniversary of CENTUM DCS: A pioneering achievement 6/19
