Asia/Pacific
Australia heads for second year of record gasoline, diesel imports
Australia's gasoline and diesel imports are expected to rise 2% to hit a record for a second straight year due to a drop in domestic production and a post-COVID economic recovery boosting fuel demand.
China's mega private refineries to keep output high to April as margins improve
China's mega private refineries are expected to operate at full processing rates or higher until April as their margins have improved after the government lifted COVID-19 restrictions.
Evonik Catalysts invests in capacity expansion to support Activated Nickel Catalysts market
Evonik Catalysts is fully on track to expand its production capacities for activated nickel powder catalysts marketed under the KALCAT and Metalyst brands at its production sites in Germany, and India.
Shell publishes reports on Sustainability, Climate & Energy Transition Lobbying and Payments to Governments
Shell plc has published its 2022 Sustainability Report, its 2022 Climate and Energy Transition Lobbying Report and its 2022 Payments to Governments Report.
Saudi Aramco boosts China investment with two refinery deals
Saudi Aramco raised its multi-billion dollar investment in China by finalizing and upgrading a planned joint venture in northeast China and acquiring an expanded stake in a privately controlled petrochemical group.
Russia diesel exports to Brazil, Turkey and Africa seen hitting new high
Russia's diesel and gasoil shipments to Brazil, Turkey and Africa were heading to new record highs in March as traders pushed into new markets following an EU ban on Russian oil products.
Saudi Aramco to open new China refinery-petchem complex in 2026
Saudi Aramco and its Chinese partners aim to start full operations at a refinery and petrochemical project in northeast China in 2026 to meet the country's growing demand for fuel and petrochemicals.
Chevron Lummus Global announces ISOFINISHING Award from BPCL
Chevron Lummus Global LLC announced that Bharat Petroleum Corp. Ltd. has selected its ISOFINISHING technology for a catalytic processing unit at the Mumbai Refinery in Mumbai, India.
U.S. imposes fresh sanctions on Myanmar, targets jet fuel suppliers
The United States on Friday announced further sanctions against Myanmar, targeting the supply of jet fuel to Myanmar's military following air strikes in civilian populated areas.
MOL Group reaches historic milestone by bringing Azeri light crude oil from oilfield co-owned in Azerbaijan
MOL Group is transporting crude oil produced at its co-owned oilfield, the Azeri–Chirag–Gunashli in Azerbaijan, to Slovnaft Refinery in Bratislava.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
