Asia/Pacific
Pakistan raises petrol, diesel prices by record amount
Pakistan announced a record rise in petrol and diesel prices, the second big increase in two weeks for the South Asian nation that is already struggling with high inflation.
China's diesel exports surge in August, have nearly tripled so far in 2023
China's diesel exports in August surged from a year earlier and have nearly tripled so far in 2023 compared to the same time a year ago, data showed, as refiners take advantage of strong regional refining margins to ship fuel overseas.
PT Pertamina International chooses Topsoe technology at Cilacap facility in Indonesia
Topsoe has been selected by PT KPI as a technology licensor to provide its HydroFlex technology for the production of renewable fuels at the Cilacap Refinery Complex in Central Java, Indonesia.
India's Reliance to temporarily shut some Jamnagar units for maintenance
India's Reliance Industries said that it plans to temporarily shut three units at its plant in Jamnagar in the western Indian state of Gujarat for planned maintenance and inspection activities.
China oil refinery output rises to record on firmer demand, export margins
China's oil refinery throughput in August rose to a record, data showed, as processors in the world's second-largest crude consumer kept run rates high to meet summer travel demand and capitalize on strengthening export margins.
Indian minister walks back plans for higher taxes on diesel vehicles
India is not planning to levy any new tax on diesel vehicles two days after he warned automakers to reduce diesel production or face higher taxation.
Singapore middle distillates stocks near 6-month high despite exports
Singapore's middle distillates inventories hit a near six-month high, official data showed, as jet fuel/kerosene net exports were little changed despite rising gasoil net exports week-on-week.
Italy's Eni and LG Chem team up for biorefinery in South Korea
The sustainable mobility unit of Italy's Eni and petrochemicals maker LG Chem have teamed up to explore the potential development of a biorefinery in South Korea.
Singapore August bunker sales dip 5.8% from July
Singapore's marine fuel sales, also known as bunker sales, retreated in August as vessel calls and container throughput fell from July.
OPEC says IEA estimate of peak fossil fuel demand by 2030 not 'fact-based'
The Organization of the Petroleum Exporting Countries said data-based forecasts do not support the International Energy Agency's projection that demand for fossil fuels would peak in 2030.
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