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Asia/Pacific

Taiwanese container ship operator to install WinGD's methanol engines across more than 30 vessels

WinGD will provide X‑DF‑M dual-fuel methanol and X-Engine methanol-ready engine designs for over 30 container vessels to be built for a major Taiwanese container ship operator.

AVTL to develop €53-MM ammonia terminal in Pipavav, India

In India, AVTL, will develop a brownfield ammonia terminal at the existing Pipavav location. The terminal will be the first independent ammonia storage terminal in India.

EU imposes measures to curb ethanol imports from Pakistan

The European Commission has ended tariff preferences for non-fuel ethanol imports from Pakistan, answering EU ethanol makers' calls that a surge in cheap imports from the Asian country was pressuring prices and disturbing markets.

China doubles 2025 naphtha import quotas

China has issued a second batch of 2025 naphtha import quotas, nearly doubling last year's allocations, as demand rises due to disruptions in U.S. supplies of cheaper alternatives propane and ethane as well as new cracker startups.

Pertamina is looking to import > 200,000/month of 90-octane gasoline

Indonesia's Pertamina sought 200,000 barrels per month of 90-octane grade of gasoline for July-September delivery.

Japan will mitigate potential gasoline price spike, prime minister says

Japanese Prime Minister Shigeru Ishiba said the government will act to mitigate any impact from a potential surge in gasoline prices due to the Middle East conflict, implementing a preventative measure starting June 26.

PETRONAS Lubricants India secures aftermarket service fill contract from Mahindra Automotive Division

PETRONAS Lubricants (India) Pvt. Ltd. (PLIPL), a subsidiary of PETRONAS Lubricants International (PLI), has been awarded the aftermarket service fill contract by Mahindra & Mahindra Ltd. (Mahindra), India's leading SUV manufacturer, strengthening its footprint in the country's automotive lubricant segment.

AVTL to develop ammonia terminal in Pipavav, India

In India, AVTL, will develop a brownfield ammonia terminal at the existing Pipavav location. The terminal will be the first independent ammonia storage terminal in India. 

Chevron seeks buyers for 50% stake in Singapore refinery

U.S. oil major Chevron has sought non-binding bids for the sale of its 50% stake in Singapore Refining Company (SRC), including from joint venture partner PetroChina.

Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict

Asian refiners have requested more term crude oil supplies loading in August and September from producers in the Middle East after spot premiums jumped.