Asia/Pacific
India's April diesel exports likely hit lowest level in over a decade
India's diesel exports likely hit their lowest level in over a decade in April as major exporter Reliance cut refining output for maintenance at a time when domestic demand was robust.
Maire subsidiaries awarded various contracts worth approximately $1.1 B
MAIRE announced that its subsidiaries TECNIMONT and KT-Kinetics Technology have been granted new awards for a total amount of approximately $1.1 B for engineering, procurement and construction activities related to gas treatment infrastructures, as well as high-value added engineering services provided by NEXTCHEM's group companies for the development of biofuel facilities.
Indonesia's biodiesel consumption at 4.44 MM kiloliters up to April 24
Indonesia's biodiesel consumption this year up to April 24 was 4.44 MM kiloliters (kl).
Ningbo Refining & Chemical awards ECI a technology licensing contract for an EVA/LDPE plant in China
ECI Group announced a contract award from Ningbo Zhenhai Refining & Chemical Company Limited (NZRCC) for a 200,000-tpy EVA/LDPE plant using ECI Group’s proprietary hybrid reactor technology.
China waives tariffs on U.S. ethane imports, sources say
China has waived the 125% tariff on ethane imports from the United States imposed earlier this month, two sources with knowledge of the matter said on Tuesday, among a group of products that have been granted exemptions.
China's Zhejiang Jiaao gets rare export license for SAF
China's Zhejiang Jiaao Enprotech said on Wednesday its subsidiary had obtained a state-granted export license for sustainable aviation fuel (SAF) for 2025.
Topsoe chosen as technology provider by Zhejiang Jianglan for SAF project
Once fully operational, the plant is set to produce 300,000 tons of SAF annually which will initially be exported to European markets.
Sri Lanka to begin talks with India, UAE for new energy hub
Sri Lanka will start work next month on plans to develop an energy hub with India and the United Arab Emirates, as the nation looks to leverage its strategic location to cement a recovery from a financial crisis.
S-Oil posts refining, petrochemical losses; expects US tariffs to affect margins in Q2
South Korea's S-Oil, majority owned by Saudi Aramco, posted losses in the first quarter from its refining and petrochemical units and expects second-quarter margins to be impacted by U.S. tariff negotiations and market volatility.
Kuwait Petroleum's stake investment in China Wanhua Chemical's unit valued at $638 MM
Kuwait Petroleum subsidiary's acquisition of a 25% stake in China Wanhua Chemical's petrochemical business is valued at $638 MM
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
