Asia/Pacific
Major South Korean petrochemical firms and production
South Korean producers have suffered losses due to oversupply, particularly in China, the biggest petrochemical market, and sluggish demand.
Chinese refiners sweep up Russian oil after Indian demand falls
Chinese refineries have purchased 15 cargoes of Russian oil for October and November delivery as Indian demand for Moscow's exports falls away, two analysts and one trader said.
Indonesia plans quick-to-build oil refineries for U.S. crude
Indonesia plans to build a network of small modular refineries to process U.S. and domestic oil, aiming to reduce gasoline imports, but analysts warn the switch in strategy from large-scale refining facilities could prove uneconomical.
Plastic pollution treaty stalled as Geneva talks end without deal
Delegates discussing the world's first legally binding treaty to tackle plastic pollution failed to reach consensus, diplomats said, voicing disappointment and even rage that the 10-day talks produced no deal.
Australian-first maritime emissions reduction insetting for CBH
CBH Group has collaborated with Norden and Oldendorff, shipping companies that are using waste-based biofuel voyages.
Vietjet partners with Petrolimex to use SAF
For the first time in Vietnam, Petrolimex Aviation has blended and provided the first 1,200 m³ of sustainable aviation fuel (SAF) for Vietjet flights.
China still storing crude oil even as refinery runs rise
Despite the decline in surplus oil, the key point is that refiners are still likely adding to stockpiles, which will allow them to trim imports should prices rise to levels they believe are not justified by market fundamentals.
China's CNAF to invest in private Chinese SAF plant
This marks CNAF's second such investment in a privately-controlled "green" jet fuel maker.
Sanctions-hit Indian refiner Nayara in talks with govt to sustain operations
Russia-backed Indian refiner Nayara Energy is talking to government authorities and partners to maintain operational stability of its 400,000-bpd refinery and fuel supplies despite EU sanctions hurting the supply chain.
China's ethylene capacity to hit 100 million tons by end-2028
China will add 40 million metric tons of ethylene capacity between 2025 and 2028, taking total capacity for the key plastic industry building block to 100 million tons by the end of the period, a Sinopec executive said on Thursday.
- Asian gasoline margin spikes to highest since August 2023 11/14
- Lukoil-Moldova grants free use of airport fuel terminal to government amid U.S. sanctions 11/14
- Croatia rejects Russian vacuum gasoil cargo after U.S. sanctions 11/14
- Bulgaria wins UK sanctions reprieve on refinery, petrol stations 11/14
- China's Sinochem shuts one crude unit at Quanzhou after fire 11/14
- Enbridge approves $1.4-B project to boost Canadian oil flows to U.S. refiners 11/14
