Asia/Pacific
Taiwan's CPC Corp seeks November-delivery gasoil in rare move
The state-owned refiner issued a tender to buy one 300,000-bbl cargo of 10 ppm sulfur gasoil for November 1–12 delivery.
India's diesel exports to Europe potentially surged to record in September
September volumes from Asia's key swing supplier bound for Europe were at 1.3 MM metric t–1.4 MM metric t (9.7 MMbbl–10.4 MMbbl).
Taiwan says it will cooperate with further restrictions on Russian energy imports
While Taiwan joined the United States and major Western allies in putting broad sanctions on Russia after it invaded Ukraine in 2022, it did not explicitly ban imports of energy, a major hard currency earner for Russia.
Pertamina says crucial unit of Balikpapan refinery upgrade will start in Q4
Balikpapan is one of Pertamina's largest refineries and the upgrade is designed to increase its refining capacity to from 260,000 bpd to 360,000 bpd, as well as improve its efficiency and diversify its operations.
ITOCHU to supply low-carbon methanol fuel for NYK Line at Port of Ulsan
The low-carbon methanol fuel recently supplied by ITOCHU is made from biomass-derived raw materials, and it is expected that the GHG emissions throughout the life cycle of the fuel will be less than that of conventional fuels.
Chinese refiner Yulong brings second steam cracker online
The refiner now operates two 200,000-bpd crude oil units at the $20-B complex built on a man-made island in the Longkou county of Yantai city.
Indonesia's Pertamina says fuel retailer Vivo agrees to purchase gasoline
Shell, BP-AKR—the operator of bp's fuel stations—Vivo and others ran low on supply this month as more customers turned to them after a probe into the quality of Pertamina's own gasoline.
After sanctions, Indian oil refiner Nayara's exports find new markets
The privately-owned company halted exports for about two weeks after it was sanctioned by the European Union on July 18 for dealing in Russian oil.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
