Asia/Pacific
India's ONGC considers a ~230,000 bpd refinery in Gujarat state
India wants to position itself as a global refining hub and is expanding capacity.
India can secure oil even if Russian imports sanctioned, minister says
India's foreign ministry spokesperson said that securing energy needs was an "overriding priority" for the country, in which it was guided by what was on offer in markets and the "prevailing global circumstances."
Indonesia's biodiesel consumption reaches 7.42 MM kiloliters to date
The world's top palm oil producer increased the mandatory proportion of biofuels in its diesel to 40% this year, up from 35%, a policy known as B40 that was designed to reduce the country's reliance on imported diesel.
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.
- Envision Energy powers world's first green marine ammonia bunkering 7/25
- New catalyst breakthrough could make clean ammonia easier to produce 7/25
- U.S. Gulf refiners seek Middle East, S. American oil to offset Venezuela, Mexico losses 7/25
- CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions 7/25
- PetroChina makes FID for new northeast refinery complex 7/25
- Valero Energy beats Q2 profit estimates as refining margins improve 7/24
