Asia/Pacific
Mitsubishi Gas Chemical, RITE partner to convert captured CO2 into methanol
Mitsubishi Gas Chemical Company, Inc. and the Research Institute of Innovative Technology for the Earth have signed an agreement regarding the transfer of part of the CO2 recovered using a direct-air-capture (DAC) device. The collaboration will showcase innovative technologies that capture CO₂ from the atmosphere and transfer it to underground storage while also utilizing it for methanol production.
Yara Clean Ammonia supports groundbreaking ammonia bunkering pilot in Pilbara (Australia)
Yara Clean Ammonia (YCA) announced its key role in a landmark maritime decarbonization initiative led by the Global Centre for Maritime Decarbonization (GCMD). The successful completion of the first-ever ship-to-ship transfer (STS) of ammonia at anchorage in Western Australia marks a major milestone in paving the way for ammonia as a viable marine fuel.
Aster Chemicals to increase Singapore refining capacity after acquiring splitter stake
Aster Chemicals and Energy intends to increase its crude processing capacity at its refining site in Singapore to more than 300,000 bpd, after buying a stake of more than 50% in a condensate splitter unit.
China's May refinery throughput at 9-month low on plant overhauls
China's crude oil throughput declined by 1.8% in May from a year earlier to the lowest level since August, official data showed on Monday, as maintenance at both state-owned and independent refineries curbed operations.
Jinggong Group, Yokogawa sign multi-faceted strategic partnership on mutual business development
Jinggong Holding Group Co. Ltd., a Chinese industrial conglomerate, and Yokogawa Electric Corp., a leader in industrial control and automation, have signed a strategic partnership agreement to explore the possibility of new business development and market expansion through collaboration in manufacturing optimization, energy management and other fields.
Anaergia Singapore signs conditional contract to design and build biogas facility in Jeju Island, South Korea
Anaergia Singapore Pte. Ltd. has received a contract from New Jeju Bio Co. Ltd. to design and build the Jeju Bio Energy Biogas Plant to be constructed in Jeju Island, South Korea.
Japan’s Taiyo Oil buys first Russian crude in more than two years on government request
Japanese refinery Taiyo Oil has bought its first Sakhalin Blend crude from Russia in more than two years at the Japanese government's request, it said on Tuesday, to help ensure the stability of a plant also supplying Japan with liquefied natural gas (LNG).
TRE HOLDINGS, Mitsubishi Gas Chemical to study feasibility of using woody biomass and waste to produce green methanol in Japan
TRE HOLDINGS Corp. and Mitsubishi Gas Chemical Co. Inc. have signed a memorandum of understanding (MoU) for a strategic business collaboration in which they will study the feasibility of using domestic woody biomass and waste to produce green methanol commercially in Japan.
California (U.S.) fuel imports hit 4-yr high amid refinery outages
California's fuel imports rose to the highest in 4 yr in May as refiners turned to historical trading partners in Asia and tapped some unusual routes to make up for shortages in the No. 2 U.S. oil consumer state, according to shipping data and traders.
Private refiners tap India's drivers as export markets tighten
India's two major private-sector refiners, which have long prioritized exports, are turning to local sales, grabbing share in the country's fast-growing $150-B fuel retail market as weaker global demand squeezes profit margins offshore.
- Asian gasoline margin spikes to highest since August 2023 11/14
- Lukoil-Moldova grants free use of airport fuel terminal to government amid U.S. sanctions 11/14
- Croatia rejects Russian vacuum gasoil cargo after U.S. sanctions 11/14
- Bulgaria wins UK sanctions reprieve on refinery, petrol stations 11/14
- China's Sinochem shuts one crude unit at Quanzhou after fire 11/14
- Enbridge approves $1.4-B project to boost Canadian oil flows to U.S. refiners 11/14
