Asia/Pacific
India's Nayara Energy buys only Russian oil in Dec for 5th straight month
Nayara, part-owned by Russian oil major Rosneft, operates a 400,000-bpd refinery at Vadinar in the state of Gujarat.
Opinion: Win or lose, Trump’s fossil fuel gamble crowns China the clean-energy king
Beijing’s latest five‑year plan underscores its drive for self‑reliance in energy, critical minerals, and advanced technologies such as semiconductors and artificial intelligence.
Update: Indonesia scraps plan to introduce B50 biodiesel this year, will raise palm oil export levy
Indonesia had planned to launch the B50 grade - a blend of 50% palm oil-based biodiesel and 50% conventional diesel - in the second half of this year.
Venezuelan oil exports to China set to drop as U.S. blockade limits cargoes
The number of oil tankers departing Venezuela for China has fallen sharply after U.S. President Donald Trump imposed a blockade in December on sanctioned ships transporting Venezuelan oil, part of its pressure campaign on Venezuelan President Nicolas Maduro that culminated in a U.S. military incursion that captured him.
Aether Fuels secures $15 MM to decarbonize aviation’s global impact
This brings the company to a figure exceeding $60 MM in funding raised since 2022.
Sinochem says Quanzhou refinery to resume operations soon
The overhaul at the 300,000-bpd refinery, which started on November 25, has lasted for nearly two months.
- Transitional Industries and CFEnergia sign feedstock supply contract for $3.3-B Pacifico Mexinol project 2/17
- Neste and World Fuel Services extend partnership, expanding SAF availability at more than 100 airports in Europe 2/17
- U.S. refined product exports by tanker increase to > 6.3 MMbpd in January 2/17
- Japan's oil and gas independence climbs to highest since 2009 2/17
- Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion 2/17
- Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure 2/17

