Asia/Pacific
How a ban on Russian crude affects EU's refining industry
A look at how a ban on Russian crude affects oil exports and the EU's refining industry
Shell Catalyst & Technologies to provide tech/catalysts for CSPC's Phase 3 project in China
Shell Catalyst & Technologies to provide tech/catalysts for CNOOC and Shell Petrochemicals Company Limited' Phase 3 project in China, which includes the construction of a 1.6-MMtpy cracker.
Yulong Petrochemical signs feedstock deal for its 400,000-bpd integrated complex with bp and Chevron
China's Yulong Petrochemical has signed memorandum of understanding agreements with bp and Chevron to supply its 400,000-bpd greenfield refinery in northern China.
CNPC shuffles regional offices to better support global portfolio
China's CNPC has completed a months-long reshuffle with the addition of six regional offices that report to Beijing headquarters to better coordinate and supervise its sprawling global portfolio.
Japanese ethylene production falls in January
Japanese ethylene production in January fell 4.8% from a year earlier to 482,600 tons.
Sinopec completes trial runs on 1-MMtpy Hainan province ethylene plant
China's Sinopec Corp. announced that it has completed trial runs at a 1-MMtpy ethylene plant in the southern Chinese province of Hainan.
Bangladesh needs $1 B to import fuel oil and avert an energy crises
Bangladesh's private power producers will need $1 B in foreign currency to import fuel oil and avert an energy crisis this summer.
Chinese refining utilization dropped in 2022: The first time since 2000
In 2022, Chinese refiners processed less crude oil than they did in 2021, which was the first year-over-year decrease in processing according to data going back to 2000.
China's crude oil imports to set a record in 2023
China is expected to import a record amount of crude oil in 2023 due to increased demand for fuel as people travel more following the dismantling of COVID-19 controls and as a result of new refineries coming onstream.
China gasoline exports may hit 8-yr low in Feb on domestic demand recovery
China's February gasoline exports may fall a second straight month to hit their lowest in eight years as domestic consumption rebounds after the nation emerged from COVID lockdowns, likely buoying Asian refining margins.
- 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
