Asia/Pacific
Indonesia's biodiesel policy, dry weather to keep palm oil prices elevated
Indonesia's biodiesel policy and the likely emergence of the El Nino weather pattern could further strain global inventories of the most used cooking oil, lifting prices later this year, leading industry officials and analysts said.
AWS unveils startups selected for the Clean Energy Accelerator 3.0 program
Amazon Web Services (AWS) announced the startups selected for the Clean Energy Accelerator 3.0. The program is designed to facilitate collaborations with mature startups developing breakthrough clean energy technologies.
Philippines rushes to contain oil spill from sunken fuel tanker
Environment and disaster authorities in the Philippines rushed to contain an oil spill on Friday from a sunken fuel tanker that has reached coastal towns on a large central island, warning of dangers to marine ecosystems if more oil leaks.
Chinese diesel/gasoline exports continue to rise
China's diesel exports rose for a second month in December, while gasoline exports climbed for a third month, as the country's COVID outbreak limited domestic fuel demand, and refiners utilized their expanded yearly export quotas.
Vietnam's Long Son petrochemicals complex to start operations by mid-year
Long Son Petrochemicals will start commercial production at its petrochemical complex in southern Vietnam by mid-2023.
Indonesia trying to create palm oil benchmark price
Indonesia, the world's biggest palm oil exporter, plans to require crude palm oil exports to go through a futures exchange to create the country's own benchmark price.
Oil price rises on Chinese demand rebound
Oil rose on signs of a strong economic rebound in top crude importer China, but fears over the impact of potential increases to European interest rates kept prices from moving higher.
Inpex to use BASF-JGC Corp.'s CO2 capture technology for large-scale blue H2/ammonia project
Inpex plans to utilize BASF and JGC Corp.'s HiPact CO2 capture technology in its Kashiwazaki Clean Hydrogen/Ammonia project.
CF Industries-Lotte sign MoU for clean ammonia offtake in South Korea
CF Industries announced that it has entered into a MoU with LOTTE CHEMICAL that will guide the companies in a joint exploration of clean ammonia production and long-term clean ammonia offtake into South Korea.
First SAF-fueled helicopter flight takes place in Australia
Neste, Airbus, Safran Engines and Microflite have jointly operated Australia’s first helicopter flights using sustainable aviation fuel (SAF).
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
