Asia/Pacific
Taiwan's CPC Corp. offers March jet fuel in rare move
Taiwan's CPC Corp. is seeking to sell jet fuel for export in March, its first such offer in nearly three years.
Update: Russia says drone attack cut oil via Kazakhstan Caspian pipeline by up to 40%
Russia said oil flows through the Caspian Pipeline Consortium (CPC), a major route for supplying Kazakhstan and exporting to the global market, were reduced by 30%–40% on Tuesday after a Ukrainian drone attack on a pumping station.
Turkey’s top refiner Tupras stops Russian crude purchases after sanctions
Turkey’s largest oil refiner Tupras has stopped buying Russian crude because of U.S. sanctions announced on January 10 against Russian energy companies and tankers carrying Russian oil.
Russia's government may allow gasoline exports until end of August
The Russian government may extend gasoline export permits for major producers until the end of August 2025.
S-Oil's $7-B Shaheen petrochemical complex is on track for 1H 2026 start
S-Oil's $7-B Shaheen petrochemical project in Ulsan, South Korea, is progressing and is expected to be completed by the first half of 2026.
Marine fuel sales at top bunker hub Singapore log soft start to 2025
Sales of marine fuel at Singapore, the world's largest bunker hub, logged weaker volumes in the first month of 2025.
Toyo-Malaysia secures OSBL project to support SAF production facility at Pengerang, Johor, Malaysia
The Pengerang Integrated Complex is currently constructing a biorefinery plant to produce sustainable aviation fuel, with Toyo-Malaysia entrusted with the engineering, procurement, construction and commissioning of the OSBL facilities.
India to remain bright spot for petchem demand in 2025
India will be a bright spot for petrochemical demand in 2025 even as global consumption lags supply, industry executives said on the sidelines of India Energy Week conference.
Ocean Network Express names first owned newbuilding vessel
Ocean Network Express (ONE) has announced a significant milestone in its corporate history with the naming of ONE Sparkle, the company's first owned and operated newbuilding container vessel.
Indonesia expects to reach full implementation of B40 biodiesel in March
Indonesia expects its B40 biodiesel program, aimed at reducing its reliance on imported diesel fuel, will reach full implementation next month after delays at the start of the year.
- Verso Energy awards FEED contract to Rely for the DEZiR eSAF project 11/17
- Iran confirms seizure of tanker with petrochemical cargo headed for Singapore 11/17
- 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
