Asia/Pacific
Malaysia's palm oil board, Petronas to study use of palm waste as aviation fuel
Malaysia's palm oil board and state oil firm Petronas have signed an agreement to study the use of used cooking oil and palm oil waste as sustainable aviation fuel.
Decarbonization group's biofuel bunkering trial finds 20% drop in emissions
The Global Center for Maritime Decarbonization found net carbon emissions fell 20% using a vegetable oil biofuel blend compared with very low sulfur fuel oil in a trial for a dual-fuel LPG carrier, the center said
Indonesia launches WTO dispute over EU duties on biodiesel imports
Indonesia has requested World Trade Organization dispute consultations with the European Union regarding the bloc's imposition of duties on imports of biodiesel from the Southeast Asia nation.
Production of renewable diesel restarted at Neste’s Singapore refinery after operational shutdown
The production of renewable diesel at Neste’s Singapore refinery expansion has been restarted in early August according to the company’s plans.
Indian refiner MRPL to phase out exports as it adds retail outlets
India's Mangalore Refinery and Petrochemicals Ltd plans to phase out fuel exports in the next two to three years as it expands its local retail network to diversify its sources of revenue, its managing director said.
Oil dips further as China worries counter supply cuts
Oil prices dipped as concerns about China's faltering economic recovery and a stronger dollar took the momentum out of seven weeks of gains on tight supply.
Singapore July bunker sales rebound as container throughput firms
Singapore's marine fuel sales, also known as bunker sales, rebounded in July after a sharp decline in June, while monthly container throughput hit a year-to-date high, official data showed.
thyssenkrupp Uhde and Orica slash greenhouse gas emissions in Newcastle, Australia
hyssenkrupp Uhde and Orica have successfully completed the Kooragang Island Decarbonization Project in Newcastle, Australia with the successful commissioning of thyssenkrupp Uhde’s effective EnviNOx technology to reduce greenhouse gas emissions at Orica’s three on-site nitric acid plants.
Saudi Aramco to supply full oil volumes to Asia in September
Saudi Aramco has informed customers in North Asia that they will receive the full volumes of crude oil they requested for September, multiple sources said, even as the unilateral voluntary output cut by the kingdom has been extended.
IEA lowers forecast for oil demand growth in 2024
The International Energy Agency said demand growth for oil next year will be slower than previously forecast, citing lackluster macroeconomic conditions, post-pandemic recovery running out of steam and burgeoning use of electric vehicles.
- INEOS to invest €250 MM in Lavera cracker modernization project in France 11/19
- BASF adds ISCC EU certification to certified biomass-balanced methanol portfolio 11/19
- Ducor Petrochemicals, Blue Circle Olefins partner to create a fully circular supply chain for polypropylene 11/18
- World's first: Air Liquide’s innovative technology converts ammonia into hydrogen at industrial scale 11/18
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
- ASTM International signs MoU with Gulf Cooperation Council Laboratory Company for Technical Services (GCC Lab TSCo.) 11/18
