Asia/Pacific
Murmansk could serve as transshipment hub for methanol exports to China
The development of the Murmansk Transport Hub (MTH) and Murmansk Port could be achieved through diversifying the cargo base.
Japan's Fuji Oil restarts 143,000-bpd Sodegaura CDU after fire
Japanese refiner Fuji Oil has restarted the 143,000-bpd crude distillation unit (CDU) at its Sodegaura refinery.
Japan's Eneos restarts 129,000-bpd Chiba CDU after maintenance
Japan's biggest refiner, Eneos Corp., restarted the 129,000-bpd crude distillation unit (CDU) at its Chiba refinery near Tokyo on April 7, following scheduled maintenance.
Fortescue, CMB.TECH sign agreement for ammonia-powered ore carrier
CMB.TECH NV has signed an agreement with Fortescue to charter a new ammonia-powered vessel. This emphasizes the commitment of both companies to decarbonize the shipping industry.
U.S. targets China oil storage terminal in new Iran-related sanctions
The Trump administration imposed sanctions on Iranian oil trading networks on Thursday, including on a China-based crude oil storage terminal linked via a pipeline to an independent refinery, just days before talks between the U.S. and Iran.
thyssenkrupp Uhde to deliver sustainability and digital services for Brunei Fertilizer Industries
This agreement signifies a key milestone in the ongoing collaboration between the two companies, aimed at advancing digitalization and implementing clean technologies in the fertilizer industry.
Russia lacks infrastructure to replace U.S. LPG for China
Russia's exporters of liquefied petroleum gas (LPG) are unlikely to be able to provide enough LPG to make up for U.S. supplies disrupted by tariffs, traders said on Thursday, citing a lack of infrastructure.
Taiwan's Formosa cuts refinery run rate to 68% on planned maintenance
Taiwan's Formosa Petrochemical Corp. is operating its refinery at 68% capacity this month, or about 370,000 bpd, down from 70% in March due to planned maintenance on one of its refining units.
Russia's Far East oil refinery operating at full capacity after fire
An oil refinery operated by Russian oil giant Rosneft in Komsomolsk-on-Amur in the country's Far East region is producing at full capacity after a fire at the site was extinguished on Thursday.
China petchem plants face shutdown as tariffs on U.S. LPG loom
Chinese petrochemical makers that buy $11 B worth of U.S. liquefied petroleum gas (LPG) annually are poised to cut output or shut for maintenance in coming weeks as Beijing's retaliatory tariffs on U.S. imports drive up costs.
- 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
