Asia/Pacific
New plants, U.S. trade worries to drive China's 2025 naphtha imports to record
Cracker operators in the world's largest petrochemical producer, which pivoted in recent years to cheaper U.S. propane and ethane feedstock, are switching some demand back to naphtha after being ensnared in the U.S.-China trade war that disrupted their U.S. supplies.
Swire Shipping launches new carbon insetting program – ‘Voyage to Zero’
Swire Shipping announced the launch of Voyage to Zero, a carbon insetting program that enables freight customers to reduce their Scope 3 greenhouse gas (GHG) emissions, leveraging GHG savings from second generation biofuels used on any Swire Shipping vessel.
China's surplus crude oil surges in June, giving refiners options
China accelerated the pace at which it is building crude oil stockpiles in June as the strongest imports in almost two years outweighed a rise in refinery processing.
PyroGenesis announces completion of coke-oven gas valorization and H2 production project for Tata Steel
PyroGenesis Inc. announces that its subsidiary, Pyro Green-Gas Inc., has completed the previously announced $9.3-MM coke-oven gas valorization (via purification, desulphurization, and heavy hydrocarbon removal) and hydrogen production project for Tata Steel, one of the world’s largest diversified steel producers.
Trump's sanctions threat looms over Russian oil exports to China, India and Turkey
U.S. President Donald Trump threatened to hit buyers of Russian exports with sanctions unless Russia agrees to a peace deal over the conflict in Ukraine, potentially complicating Moscow's oil sales to China, India and Turkey.
China state refiners ramp up output on rising demand, stock rebuild
Chinese state-owned refiners are ramping up output after completing maintenance to meet higher third-quarter fuel demand and to rebuild diesel and gasoline stocks which are at multi-year lows.
Neste to supply SAF to DHL Express at Singapore Changi Airport
Neste and DHL Express have strengthened their collaboration with the supply of 7,400 tons (9.5 million liters) of neat, i.e. unblended, Neste MY Sustainable Aviation Fuel to DHL Express at Singapore Changi Airport starting July 2025.
Baker Hughes, PETRONAS collaborate on lubricants and biofuels for turbomachinery supply chain
Baker Hughes and Petroliam Nasional Berhad (PETRONAS) have entered a memorandum of understanding (MoU) on a strategic partnership to explore business initiatives that have the potential to support the delivery of Asia’s energy expansion and transition.
INEOS Styrolution launches bio-attributed polystyrene for food packaging
Styrolution® PS 158K BC100 uses an ISCC-certified mass balance approach and is made from 100% bio-attributed feedstock.
IHI, Vopak to launch ammonia terminal project in Japan
IHI Corporation and Royal Vopak have signed a joint development agreement to establish a new joint venture focused on the development and operation of an ammonia import terminal in Japan.
- Indian Oil buys first Colombian oil under Ecopetrol contract 12/31
- Ukrainian drone attack sparks fire, damages equipment at Tuapse refinery 12/31
- Chile's $2.5-B Volta green ammonia project wins environmental permit 12/31
- China begins issuing second batch of 2026 crude import quotas to refiners 12/31
- EIA: U.S. crude, fuel inventories rose in the week ended December 19 12/30
- Ghana's Tema oil refinery restarts after 9-yr shutdown 12/30
