http://www.hydrocarbonprocessing.com Hydrocarbon Processing South Korean petrochemical firms' profits fall in 2024 as oversupply persists http://hydrocarbonprocessing.com/news/2025/02/south-korean-petrochemical-firms-profits-fall-in-2024-as-oversupply-persists/ South Korean petrochemical companies LG Chem and Lotte Chemical both suffered losses in 2024, dragged down by oversupply which is set to persist this year, while trade turmoil has dampened the global economic outlook Russia's oil transit via Ukraine down 15% in 2024 http://hydrocarbonprocessing.com/news/2025/02/russias-oil-transit-via-ukraine-down-15-in-2024/ Russia's oil transit through Ukraine's pipeline system declined by 15% in 2024 to 11.5 MM tonnes (t) (230,300 bpd). Amogy expands operations to South Korea, strengthening regional presence with key stakeholders to advance its ammonia-to-power solutions http://hydrocarbonprocessing.com/news/2025/02/amogy-expands-operations-to-south-korea-strengthening-regional-presence-with-key-stakeholders-to-advance-its-ammonia-to-power-solutions/ Amogy, a provider of mature, scalable and efficient ammonia-to-power solutions, announced the expansion of its operations into South Korea with the opening of an office in the Pangyo Techno Valley. India's January fuel demand drops to 3-month low http://hydrocarbonprocessing.com/news/2025/02/indias-january-fuel-demand-drops-to-3-month-low/ India's January fuel consumption hit its lowest monthly level since October, but was up 3.2% year-on-year at 20.49 MM tonnes, oil ministry data showed on Friday. Digital Exclusive: A unified approach to methane emissions reporting (3) http://hydrocarbonprocessing.com/news/2025/02/digital-exclusive-a-unified-approach-to-methane-emissions-reporting-3/ This article looks at the causes of methane emissions, new technologies to monitor it and pathways to mitigate them in the future. Singapore Airlines Group, Aether Fuels sign MoU for SAF http://hydrocarbonprocessing.com/news/2025/02/singapore-airlines-group-aether-fuels-sign-mou-for-saf/ The Singapore Airlines (SIA) Group has signed a memorandum of understanding (MoU) to potentially source neat sustainable aviation fuel (SAF) from Aether Fuels (Aether), a climate technology firm that plans to set up SAF production plants in the U.S. and Southeast Asia. Thailand to import more U.S. ethane to reduce trade surplus http://hydrocarbonprocessing.com/news/2025/02/thailand-to-import-more-us-ethane-to-reduce-trade-surplus/ Thailand will increase U.S. ethane imports by at least 1 MMt starting from the second quarter of this year to try to reduce its trade surplus with the United States. China tariff retaliation targets its modest U.S. energy imports http://hydrocarbonprocessing.com/news/2025/02/china-tariff-retaliation-targets-its-modest-us-energy-imports/ China is the world's top energy importer but its purchases from the U.S. are relatively modest, blunting the impact of Beijing's move on Tuesday to slap retaliatory tariffs on imports of U.S. crude oil, liquefied natural gas (LNG) and coal. Russia's January seaborne diesel exports rise http://hydrocarbonprocessing.com/news/2025/02/russias-january-seaborne-diesel-exports-rise/ Russia's seaborne diesel and gasoil exports rose almost by a quarter in January from December as traders sought to increase supplies before new U.S. sanctions come into effect and amid seasonal low domestic demand. NH3 Clean Energy completes pre-FEED work for WAH2 clean ammonia project in Australia http://hydrocarbonprocessing.com/news/2025/01/nh3-clean-energy-completes-pre-feed-work-for-wah2-clean-ammonia-project-in-australia/ NH3 Clean Energy announced that it completed the engineering component of its preliminary-front-end engineering and design for its WAH2 clean ammonia project in Australia.