Asia/Pacific
Lanzajet, Kazmunaygas (KMG) announce Kazakhstan’s first SAF project advances to engineering and design phase
KMG and LanzaJet recently completed a joint feasibility study, and have agreed to move to the next phase of project development, front-end engineering and design (FEED), during which all technical and economic solutions for construction of the plant will be finalized.
China's ethylene surge could spell more pain for U.S., European chemical firms
The world's second-largest economy operates more than 54 MMtpy of ethylene capacity and is projected to rise about 9% of global 2024 capacity by 2030.
ExxonMobil starts up new Singapore refining unit, boosts sour crude imports
The technology combines processes to convert fuel oil and other bottom-of-the-barrel crude products into higher-value lube base stocks and distillates.
China’s Sinopec begins Xinjiang refining and chemical upgrading project
China’s Sinopec has begun construction to upgrade its integrated refining and petrochemical project in the oil- and gas-rich Xinjiang region.
Indonesia to let private fuel retailers import gasoline via Pertamina amid shortages
Import restrictions on unsubsidized fuel limit consumer choices, contributing to shortages, and may be creating an unfair business practice.
India's Nayara Energy buys only Russian oil in August
The private refiner imported 240,400 bpd of oil in August, an overall decline of 26% from July, tanker data showed.
Ducon launches R&D program to develop solvent-based carbon capture technology
The program aims to deliver a scalable, cost-effective solution to capture carbon dioxide (CO₂) from flue gas streams across power, cement, steel, oil and gas, and other hard-to-abate industries.
Australia promises $735 MM to launch biofuel industry
The money, to be released over 10 yrs from 2028, is intended to stimulate private investment in products like biodiesel and sustainable aviation fuel (SAF).
China issues more export quotas for gasoline, jet fuel and diesel
The country manages its oil products exports via a quota system to ensure sufficient supplies for the local market.
- 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
