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U.S. crude oil and distillate inventories rise, gasoline stockpiles fall
U.S. crude inventories unexpectedly rose as imports increased, while gasoline stockpiles fell last week, the Energy Information Administration said.
China's petrochemical sector set to expand even as losses deepen
A key segment of China's petrochemical sector is set to expand by almost half between now and 2028 even as growing competition in the broader refining sector slashes profits.
India's Reliance makes rare fuel oil purchase from HPCL
Reliance Industries has in recent weeks made rare fuel oil purchases from state-run Hindustan Petroleum Corp. The purchases suggest the operator of the world's largest refining complex is diversifying its fuel oil sources as India comes under heavy pressure from the U.S. over its energy ties with Russia.
SIBUR develops new polyethylene grade for FMCG packaging
SIBUR, Russia's largest polymer producer, has developed a new grade of metallocene linear low-density polyethylene (mLLDPE) for flexible fast-moving consumer goods (FMCG) packaging.
L&T Energy GreenTech partners with Japan’s ITOCHU for 300,000-tpy green ammonia project
L&T Energy GreenTech Ltd (LTEG), a wholly-owned subsidiary of Larsen & Toubro (L&T), has entered into a Joint Development Agreement with ITOCHU Corporation of Japan to develop and commercialize a 300,000-tpy green ammonia project at Kandla in Gujarat, India.
Chevron Phillips Chemical completes low-viscosity PAO expansion in Belgium
Chevron Phillips Chemical has successfully completed the expansion of its low-viscosity polyalphaolefins production unit in Beringen, Belgium, significantly boosting its manufacturing capacity in Europe.
AFPM: U.S. RFS proposal misses the mark on affordability, security by an ‘Iowa mile’
The American Fuel & Petrochemical Manufacturers (AFPM) recently submitted comments on the Environmental Protection Agency’s proposed Renewable Fuel Standard volumes for 2026 and 2027.
Indonesia's Pertamina delivers first used cooking oil aviation fuel
PT Kilang Pertamina Internasional, the refinery unit of Indonesian state energy company Pertamina, has started its first shipments of sustainable aviation fuel (SAF) made partly from used cooking oil
India's ethanol drive imperils its push for edible oil self-sufficiency
India's drive to produce more ethanol is leading its farmers to switch away from growing oilseeds, undermining government efforts in the world's largest buyer of cooking oils to reduce costly imports.
Argentina raises biofuel prices for domestic market
The Argentine government raised biofuel prices for the domestic market, according to two resolutions published in the official gazette.
- 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
