Asia/Pacific
China's Sinopec will not buy Iranian oil, wants to tap state reserves
The world's largest refiner usually sources roughly half of its crude oil needs from the Middle East, making it particularly exposed to the near-closure of the Strait of Hormuz amid the U.S.-Israeli war on Iran.
The Shipping Corporation of India and Mazagon Dock Shipbuilders sign contract for methanol dual fuel platform supply vessel
The Shipping Corporation of India Ltd. has signed a Shipbuilding contract at New Delhi with Mazagon Dock Shipbuilders Ltd for construction and delivery of one number methanol dual fuel platform supply vessel (PSV).
Vietnam accelerates shift to ethanol fuel as Iran war drives up energy prices
Fuel prices in Vietnam have surged since the U.S.-Israel war on Iran began three weeks ago, with gasoline prices up 50% and diesel prices rising 70%,
India’s Reliance buys about 155,000 bpd Russian oil after pause
The private refiner's overall imports in February rose marginally from last year to 1.37 MMbpd.
China's Sinochem cuts refinery runs, seeks prompt-delivery crude
Sinochem has also been trying to buy spot cargoes from bonded storage for prompt delivery to cover its "immediate" requirements for the 300,000-bpd Quanzhou plant.
Sumitomo Corporation, “K” LINE and NYK Line conclude MoU for new build ammonia bunkering vessel operation in Singapore
Sumitomo Corporation, Kawasaki Kisen Kaisha and NYK Bulkship (Asia) Pte. Ltd. (NYK Line) have entered into a MoU to jointly conduct a FEED study and explore the ownership of a new-build ammonia bunkering vessel for application in Singapore.
thyssenkrupp nucera to conduct FEED study for 260-MW green hydrogen project in India
thyssenkrupp nucera is expanding its role in the global H2 economy with a new front-end engineering design (FEED) study for a large-scale project in India.
Cambodia turns to Singapore, Malaysia for fuel as Vietnam, China restrict supplies
Vietnam and China have restricted fuel exports until at least the end of March to arrest potential domestic shortages. Cambodia and neighboring Thailand stopped fuel trade after the onset of an armed conflict in July.
- Perpetual Next appoints Bilfinger as lead consultant for its Methanol Moerdijk project 4/1
- ASRock Industrial and CSI Validate O-PAS™ Systems Management Architecture with the iEP-7020E and AiSMA 4/1
- Heavy equipment for KazMunayGas' Atyrau PE plant ships from Shanghai to Kazakhstan 4/1
- KT Tech awarded early engineering works contract for 60,000-tpy SAF plant in Indonesia 4/1
- OCI Global completes sale of OCI Ammonia Holding to AGROFERT 4/1
- Union workers ratify contract at ExxonMobil's Louisiana (U.S.) refining and chemical complex 4/1
