Asia/Pacific
HAMR Energy’s nationally significant fuel projects selected for Australian Government’s Investor Front Door Pilot
The Investor Front Door is an initiative designed to streamline approvals and support major projects of national significance, making it easier for global and domestic investors to access transformative opportunities in Australia.
HD Hyundai Heavy Industries builds world's first ammonia-powered vessel
A net-zero roadmap released by the International Energy Agency (IEA) projects that ammonia will account for 8% of marine fuel demand in 2030, rising to 46% by 2050, indicating that demand for ammonia-powered vessels is expected to grow significantly.
India permits Iranian oil tankers to berth for Reliance
Iranian oil is often transported by a so-called shadow fleet of vessels that lack internationally recognized insurance and safety certifications.
Australia, Singapore leaders pledge closer energy ties to tackle global supply shock
The leaders said they agreed to ensure the flow of essential supplies including diesel and LNG, making "maximum efforts" to boost their energy security.
Japan weighs new release of about 20 days' worth of oil from reserves
Japan, dependent on the Middle East for some 95% of its oil supply, began releasing oil from its stockpiles on March 16 in coordination with other nations and on its own.
India raises HPCL Rajasthan Refinery project cost to $8.6 B
HPCL Rajasthan Refinery Ltd is a joint venture with HPCL HPCL.NS owning a 74% stake and the rest owned by the state government of Rajasthan.
China's teapots seek Iranian oil after prices fall
The Chinese refiners, known as teapots, had largely stayed on the sidelines since the U.S.-Iran conflict broke out in late February, causing global oil prices to surge, while Washington temporarily waived sanctions on Russian, Iranian crude at sea erasing discounts for these cargoes.
- INEOS Inovyn agrees to sell its Italian chlor-alkali business to Esseco Industrial 4/21
- LOTTE Chemical to merge into integrated corporation after spinning off Daesan plant 4/21
- Petronor and H2SITE partner to pioneer high-purity hydrogen production in refining through advanced membrane technology 4/21
- Emerson accelerates edge ecosystem for real-time enterprise operations intelligence 4/21
- Tracerco launches DrumVision™ to deliver real-time process visibility in delayed coking and demanding interface measurement applications 4/21
- IMI signs global framework extension with Solvay for the provision of IIoT sensors 4/21
