Asia/Pacific
Russia's Saratov oil refinery suspends operations after drone attacks
Rosneft-owned oil refinery in the southern Russian city of Saratov has suspended fuel production for safety reasons after Ukrainian drone attacks on Tuesday, industry sources said, expecting the plant to resume operations in a day or two.
South Korean petrochemical firms' profits fall in 2024 as oversupply persists
South Korean petrochemical companies LG Chem and Lotte Chemical both suffered losses in 2024, dragged down by oversupply which is set to persist this year, while trade turmoil has dampened the global economic outlook
Russia's oil transit via Ukraine down 15% in 2024
Russia's oil transit through Ukraine's pipeline system declined by 15% in 2024 to 11.5 MM tonnes (t) (230,300 bpd).
Amogy expands operations to South Korea, strengthening regional presence with key stakeholders to advance its ammonia-to-power solutions
Amogy, a provider of mature, scalable and efficient ammonia-to-power solutions, announced the expansion of its operations into South Korea with the opening of an office in the Pangyo Techno Valley.
India's January fuel demand drops to 3-month low
India's January fuel consumption hit its lowest monthly level since October, but was up 3.2% year-on-year at 20.49 MM tonnes, oil ministry data showed on Friday.
Digital Exclusive: A unified approach to methane emissions reporting (3)
This article looks at the causes of methane emissions, new technologies to monitor it and pathways to mitigate them in the future.
Singapore Airlines Group, Aether Fuels sign MoU for SAF
The Singapore Airlines (SIA) Group has signed a memorandum of understanding (MoU) to potentially source neat sustainable aviation fuel (SAF) from Aether Fuels (Aether), a climate technology firm that plans to set up SAF production plants in the U.S. and Southeast Asia.
Thailand to import more U.S. ethane to reduce trade surplus
Thailand will increase U.S. ethane imports by at least 1 MMt starting from the second quarter of this year to try to reduce its trade surplus with the United States.
China tariff retaliation targets its modest U.S. energy imports
China is the world's top energy importer but its purchases from the U.S. are relatively modest, blunting the impact of Beijing's move on Tuesday to slap retaliatory tariffs on imports of U.S. crude oil, liquefied natural gas (LNG) and coal.
Russia's January seaborne diesel exports rise
Russia's seaborne diesel and gasoil exports rose almost by a quarter in January from December as traders sought to increase supplies before new U.S. sanctions come into effect and amid seasonal low domestic demand.
- 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
