Asia/Pacific
Trump’s India squeeze to push Russian oil further into the shadows
India has become a major trade buyer of Russian oil since Moscow’s invasion of Ukraine in 2022. It purchased 1.9 MMbpd of Russia’s crude in the first nine months of 2025, 40% of its total exports.
China allows more biofuel firms to export green aviation fuel
While Europe, the world's second-largest aviation fuel market, has yet to set a mandate for the usage of greener fuel, Chinese biofuel firms are building more SAF plants and targeting the continent as a top export destination.
Western pressure to hit Asian buying of Russian oil and LNG from December
Washington is exerting pressure on China, India and Japan through trade talks to reduce their purchases of Russian oil and LNG, while Britain has just imposed sanctions on Chinese and Indian entities.
U.S. says India halves Russian oil imports, sources say no cuts seen
Russian oil is a main irritant for Trump in prolonged trade talks with India - half of his 50% tariffs on Indian goods are in retaliation for those purchases.
Indonesia considering 1% SAF blend by 2026
Indonesia's state energy firm Pertamina this year started producing SAF made partly from used cooking oil (UCO) in one of its refinery units, and is planning to convert two other refineries to process fuel from UCO.
Suntory launches Japan’s largest P2G-based energy demand conversion demo to pave way for green H2
With a capacity of 16 MW, the green hydrogen production facilities installed are among the largest in Japan and if operated 24 hours a day for 365 days a year, could produce 2,200 tpy of hydrogen, thereby enabling a CO2 emissions reduction of 16,000 tons.
Some Indian refiners to move away from Russian oil
India and China are the biggest buyers of Russian sea-borne crude, taking advantage of discounted prices Russia was forced to offer after losing sales to Europe following Moscow's invasion of Ukraine in 2022.
Indian-backed oil refinery in Mongolia should begin operations in 2028
Mongolia's first oil refinery is being built with a $1.7-B Indian line of credit and will have the capacity to process 1.5 metric MMtpy of crude oil, or 30,000 bpd.
Indonesia considers regulating crude palm oil exports to meet B50 demand
The world's biggest producer of palm oil has implemented a biofuel program blending palm oil-based fuel with diesel for more than a decade to reduce reliance on fuel imports.
Singapore marine fuel sales slip to three-month low in September
Sales of marine bunker fuel in Singapore fell to a three-month low in September, following a surge in August, although they remained above typical averages.
- 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
