Asia/Pacific
China state refiners given 1.3 MMt of general trade fuel quotas
BEIJING (Reuters) -- China's state oil refiners have been granted a combined 1.315 MMt of quotas to export refined fuel under so-called general trade terms, three sources familiar with the matter said on Monday.
India's oil imports from Iran top 500 Mbpd in 2016–2017
NEW DELHI (Reuters) -- India's Iran oil imports jumped to a record high in 2016–2017 topping 500 Mbpd as refiners boosted purchases after lifting of some Western sanctions against Tehran last year.
Sinopec exports first diesel cargo under general trade terms in 13 yr
BEIJING (Reuters) -- Top Asian refiner Sinopec Crop exported its first refined fuel cargo under so-called general trade terms in 13 yr, the company said on Friday, as China's state-owned refiners adapt to tighter government export quotas.
Indian state-run companies mull daily fuel price change
MUMBAI (Reuters) -- India's state-run oil marketing companies, which control over 90 percent of the retail fuel market in the country, are mulling a plan that would allow daily changes in the price of automotive fuels, Economic Times reported on Friday.
Gastech '17: Day four edition of the official conference newspaper
TOKYO -- Here is the day four edition of the official newspaper for the Gastech 2017 Conference & Exhibition.
China's Sinopec shuts Yanshan refinery rubber unit after environmental checks
BEIJING (Reuters) — China's Sinopec has ordered its rubber unit in Yanshan refinery to shut in response to environmental checks, it said, after the Ministry of Environmental Protection detected odor.
CB&I awarded multiple petchem technology contracts in china
THE WOODLANDS, Texas -- CB&I announced it has been awarded multiple technology contracts by Tianjin Bohua Chemical Development Co. Ltd. for a grassroots petrochemicals plant to be built in Tianjin, China.
BP to develop Indonesian retail fuel business with AKR Corporindo
JAKARTA (Reuters) -- Oil major BP has signed an agreement with Indonesian petroleum and chemicals logistics company AKR Corporindo for the joint development of a "differentiated" domestic fuel retail business, BP said in a statement.
Traders cancel light cycle oil cargoes ahead of China tax
SINGAPORE/BEIJING (Reuters) -- Traders in North Asia are rushing to cancel loadings of a range of oil products for sale to China, ahead of a planned Chinese consumption tax that will make the trade uneconomic.
Gastech '17: Day three edition of the official conference newspaper
TOKYO -- Here is the day three edition of the official newspaper for the Gastech 2017 Conference & Exhibition.
- Uniper and AM Green sign long-term offtake agreement for up to 500,000 tpy of renewable ammonia from India 1/12
- Indonesia president inaugurates Balikpapan refinery upgrade worth $7.4 B 1/12
- Carlyle, Chevron-Quantum partnership among frontrunners for Lukoil assets 1/12
- Brazil's diesel imports hit record in 2025 amid local production decline 1/12
- Vitol to load first diluent cargo under Venezuela supply deal last weekend 1/12
- Maersk explores more ethanol use for green fuel to cut reliance on China 1/12
