Asia/Pacific
India fuel exports surge to multi-year highs on higher refinery runs, ethanol blending
Refiners in India, which sources about a third of its crude from Russia, are boosting runs and redirecting surplus barrels abroad.
Clariant SynDane™ catalyst achieves performance milestones at Wanhua maleic anhydride plant
Clariant announced the solid performance of its SynDane 3142 LA catalyst at Wanhua Chemical's maleic anhydride plant in Yantai, Shandong province, China.
Lanzajet, Kazmunaygas (KMG) announce Kazakhstan’s first SAF project advances to engineering and design phase
KMG and LanzaJet recently completed a joint feasibility study, and have agreed to move to the next phase of project development, front-end engineering and design (FEED), during which all technical and economic solutions for construction of the plant will be finalized.
China's ethylene surge could spell more pain for U.S., European chemical firms
The world's second-largest economy operates more than 54 MMtpy of ethylene capacity and is projected to rise about 9% of global 2024 capacity by 2030.
ExxonMobil starts up new Singapore refining unit, boosts sour crude imports
The technology combines processes to convert fuel oil and other bottom-of-the-barrel crude products into higher-value lube base stocks and distillates.
China’s Sinopec begins Xinjiang refining and chemical upgrading project
China’s Sinopec has begun construction to upgrade its integrated refining and petrochemical project in the oil- and gas-rich Xinjiang region.
Indonesia to let private fuel retailers import gasoline via Pertamina amid shortages
Import restrictions on unsubsidized fuel limit consumer choices, contributing to shortages, and may be creating an unfair business practice.
India's Nayara Energy buys only Russian oil in August
The private refiner imported 240,400 bpd of oil in August, an overall decline of 26% from July, tanker data showed.
- 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
