Asia/Pacific
China allows more biofuel firms to export green aviation fuel
While Europe, the world's second-largest aviation fuel market, has yet to set a mandate for the usage of greener fuel, Chinese biofuel firms are building more SAF plants and targeting the continent as a top export destination.
Western pressure to hit Asian buying of Russian oil and LNG from December
Washington is exerting pressure on China, India and Japan through trade talks to reduce their purchases of Russian oil and LNG, while Britain has just imposed sanctions on Chinese and Indian entities.
U.S. says India halves Russian oil imports, sources say no cuts seen
Russian oil is a main irritant for Trump in prolonged trade talks with India - half of his 50% tariffs on Indian goods are in retaliation for those purchases.
Indonesia considering 1% SAF blend by 2026
Indonesia's state energy firm Pertamina this year started producing SAF made partly from used cooking oil (UCO) in one of its refinery units, and is planning to convert two other refineries to process fuel from UCO.
Suntory launches Japan’s largest P2G-based energy demand conversion demo to pave way for green H2
With a capacity of 16 MW, the green hydrogen production facilities installed are among the largest in Japan and if operated 24 hours a day for 365 days a year, could produce 2,200 tpy of hydrogen, thereby enabling a CO2 emissions reduction of 16,000 tons.
Some Indian refiners to move away from Russian oil
India and China are the biggest buyers of Russian sea-borne crude, taking advantage of discounted prices Russia was forced to offer after losing sales to Europe following Moscow's invasion of Ukraine in 2022.
Indian-backed oil refinery in Mongolia should begin operations in 2028
Mongolia's first oil refinery is being built with a $1.7-B Indian line of credit and will have the capacity to process 1.5 metric MMtpy of crude oil, or 30,000 bpd.
Indonesia considers regulating crude palm oil exports to meet B50 demand
The world's biggest producer of palm oil has implemented a biofuel program blending palm oil-based fuel with diesel for more than a decade to reduce reliance on fuel imports.
Singapore marine fuel sales slip to three-month low in September
Sales of marine bunker fuel in Singapore fell to a three-month low in September, following a surge in August, although they remained above typical averages.
Sinopec diverts supertanker from U.S.-sanctioned port
A supertanker carrying oil to the Chinese port of Rizhao in Shandong province changed its destination over the weekend after the U.S. imposed sanctions on an import terminal at the port on Friday.
- Indian Oil buys first Colombian oil under Ecopetrol contract 12/31
- Ukrainian drone attack sparks fire, damages equipment at Tuapse refinery 12/31
- Chile's $2.5-B Volta green ammonia project wins environmental permit 12/31
- China begins issuing second batch of 2026 crude import quotas to refiners 12/31
- EIA: U.S. crude, fuel inventories rose in the week ended December 19 12/30
- Ghana's Tema oil refinery restarts after 9-yr shutdown 12/30
