Asia/Pacific
First Japanese-developed and manufactured ammonia-fueled, two-stroke engine for maritime industry
Japan Engine Corp. (J-ENG) is developing a large, low-speed, ammonia-fueled, two-stroke engine under the “Green Innovation Fund Project: Next-generation Ship Development” of the New Energy and Industrial Technology Development Organization (NEDO).
India's Reliance imported 17.3% more Russian oil in March vs. Feb.
India's Reliance Industries, operator of the world's biggest refining complex, imported about 532,700 bpd of Russian oil in March, up 17.3% from February.
India, Saudi Arabia exploring joint refinery, petrochemical projects
India and Saudi Arabia are exploring joint projects in refineries and petrochemicals, Indian Prime Minister Narendra Modi told Arab News in an interview.
BASF completes divestment of shares in its two joint ventures in Korla, China
BASF has divested its shares in the joint venture companies, BASF Markor Chemical Manufacturing (Xinjiang) Co. Ltd. and Markor Meiou Chemical (Xinjiang) Co. Ltd. in Korla, China, to Verde Chemical Singapore Pte. Ltd.
Egypt begins basic design phase for Red Sea Petrochemical Complex project in Ain Sokhna
Egypt's Ministry of Petroleum and Mineral Resources announced the signing of contracts for the Egyptian-Chinese joint venture contractor to implement the basic designs for the first phase of the Red Sea Petrochemical Complex project in Ain Sokhna, Egypt.
China-U.S. trade war redrawing global LPG trading, outlook
The global liquefied petroleum gas (LPG) market is facing an upheaval as high tariffs on U.S. imports force Chinese buyers to swap American cargoes for alternatives from the Middle East, while U.S. shipments divert to Europe and elsewhere in Asia.
JGC, Amogy partner to accelerate large-scale ammonia cracking technology
JGC has signed a Memorandum of Understanding (MoU) with Amogy to utilize Amogy's catalyst for large-scale ammonia cracking technology development.
Indonesia ships 2.02 MMt of crude, refined palm oil in March
Indonesia exported 2.02 MM tonnes (t) of crude and refined palm oil in March, down slightly from the previous month's 2.06 MMt.
Russia ramps up oil products supplies to Indonesia
Russia is ramping up shipments of oil products to Indonesia as Moscow seeks to expand new markets for its exports in the wake of Western sanctions imposed over its invasion of Ukraine.
India eyes ending import tax on U.S. ethane and LPG in trade talks
India plans to end taxes on U.S. ethane and liquefied petroleum gas (LPG) imports under broader negotiations with Washington as it looks to reduce its trade surplus and ease its tariff burden.
- LyondellBasell to sell select European petrochemical assets to AEQUITA 6/9
- Shell reports June 4 fire at ethylene cracker plant in Pennsylvania (U.S.) 6/9
- Plug Power, Allied Green Ammonia partner for $5.5-B, 2-GW electrolyzer project to produce SAF, green urea and green diesel 6/9
- Carbon Clean, MODEC to accelerate the scale-up of CycloneCC for offshore carbon capture 6/9
- Ebara Elliott Energy signs high-speed balancing bunker agreement to expand Middle East footprint 6/9
- Rotork joins Rockwell Automation’s Technology Partner Program 6/9
