Asia/Pacific

Indonesia's Pertamina to merge refinery, shipping and retail operations

Indonesian state energy firm PT Pertamina will merge the operations of its refinery, shipping and retail units to improve efficiency in its core business, CEO Simon Aloysius Mantiri said.

E20 fuel safe but curbs vehicle performance, Mahindra executive says

E20 recently became the only choice of fuel at nearly 90,000 fuel stations across India, leading to complaints from motorists concerned about the impact on older vehicles.

Petronas delivers first local SAF to Malaysia Airlines

The SAF was locally blended at Petronas' processing facilities and delivered to Kuala Lumpur International Airport (KLIA) to supply the carrier's daily flights to London until September 16.

China's teapot refiners face fresh test from crackdown on tax evasion

Refiners are required to pay consumption taxes both when they import feedstock such as fuel oil and also on the refined products they produce, but evasion is widespread.

India's ACME forms JV with Japan's IHI Corp for green ammonia project

India's ACME Group, in a joint venture with Japan's IHI Corp, will develop one of the country's largest green ammonia projects in the eastern state of Odisha.

Consortium receives AiP for floating ammonia cracker unit

Mitsui O.S.K. Lines, Ltd., HD Korea Shipbuilding & Offshore Engineering Co., Ltd. and HD Hyundai Heavy Industries Co., Ltd. announced that the Approval in Principle (AiP) was granted from Lloyd's Register for a floating ammonia cracker unit (FACU), jointly developed by the group for onshore hydrogen supply.

LNJ GreenPET, Sumitomo partner to accelerate recycled PET sector

EU may list independent Chinese refineries in new Russia sanctions package

The Commission may propose the new package as soon as Friday after an EU delegation returns from sanctions talks in Washington.

U.S. tariffs worsen petrochemical sector challenges, executives warn

Nikkiso unveils next-generation ammonia pump for a range of applications