Asia/Pacific
China's Sinopec starts first carbon capture, storage facility, plans another two by 2025
China's Sinopec said it has put into operation the country's largest carbon capture, utilization and storage facility in east China, and plans to build two more plants of similar size by 2025.
Baker Hughes opens new chemicals facility in Singapore
Baker Hughes is expanding its presence in Asia by opening a new oilfield services chemicals manufacturing facility in Singapore, enabling manufacturing optimization and faster delivery of fit-for-purpose chemical solutions.
Impact of strike by South Korean truckers on autos, steel, petrochemicals, others
Thousands of South Korean truckers were on strike for the seventh day on Monday, protesting over pay as fuel costs surge, disrupting production, slowing port operations and posing new risks to a strained global supply chain.
Global refiners falter in efforts to keep up with demand
Refiners worldwide are struggling to meet global demand for diesel and gasoline, exacerbating high prices and aggravating shortages from big consumers like the United States and Brazil to smaller countries like war-ravaged Ukraine and Sri Lanka.
Gasoline, diesel vehicles dominate India's auto market, EVs lag (1)
India's road transport minister on Tuesday warned local and foreign automakers to either cut production of polluting diesel vehicles or face higher taxes and levies, setting alarm bells ringing in the world's third-largest car market.
China launches investigation into synthetic rubber product
China's Commerce Ministry said it is launching an anti-dumping investigation imports of a synthetic rubber product from the United States, South Korea and the European Union following a request from major petrochemical producers.
Indonesia tests biodiesel in cars amid push for palm oil consumption
Indonesia began testing biodiesel with a bio-content of 30% in cars, its energy ministry said, as the Southeast Asian nation pushes to boost local markets for its vast palm oil crop.
Japan plans maintenance at seven naphtha crackers in 2018
TOKYO (Reuters) — Seven naphtha crackers in Japan are expected to be shut in 2018 for scheduled maintenance, industry and company sources said.
Japan's Idemitsu, Showa Shell to combine crude loading programs
TOKYO (Reuters) — Japanese oil refiners Idemitsu Kosan and Showa Shell Sekiyu have started work to integrate the so-called loading programs through which they purchase crude, Idemitsu's CEO said.
China says will limit oil, refined product exports to N.Korea
BEIJING (Reuters) — China's Commerce Ministry said on Friday it will limit exports of crude oil, refined oil products, steel and other metals to North Korea, in line with tough new sanctions imposed by the United Nations for Pyongyang's missile tests.
- 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
