Asia/Pacific
AVTL to develop ammonia terminal in Pipavav, India
In India, AVTL, will develop a brownfield ammonia terminal at the existing Pipavav location. The terminal will be the first independent ammonia storage terminal in India.
Chevron seeks buyers for 50% stake in Singapore refinery
U.S. oil major Chevron has sought non-binding bids for the sale of its 50% stake in Singapore Refining Company (SRC), including from joint venture partner PetroChina.
Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict
Asian refiners have requested more term crude oil supplies loading in August and September from producers in the Middle East after spot premiums jumped.
Discounts deepen on Iranian oil in China as struggling teapots slow buying
Sellers of Iranian oil to China are offering deeper discounts this month as they look to reduce inventories and as independent refiners slow their buying due to a jump in crude prices.
Asia-Pacific on course to become world’s largest CO2 shipping market
Vast distances between emitters and storage sites in Asia-Pacific (APAC) means the region is in line to become the world’s largest carbon dioxide (CO2) shipping market, according to a new CCUS report from global energy consultancy Xodus.
Australia: Roadmap launched for driving maritime decarbonization in the Pilbara
The Pilbara Ports ‘Clean Fuel Bunkering Hub’ outlines a strategic roadmap to establish a clean fuel bunkering hub in the region, enabling the use of alternative marine fuels such as ammonia.
U.S. EIA forecasts new export licensing requirements will reduce U.S. ethane exports
The U.S. EIA forecast U.S. ethane exports will decrease by 80,000 bpd this year and by 177,000 bpd in 2026 because of new licensing requirements U.S. exports of ethane to China.
Indian refiners cancel palm oil orders for July-September as prices surge
Indian refiners cancelled orders for 65,000 metric tons of crude palm oil (CPO) scheduled for delivery from July to September following a sudden surge in benchmark Malaysian prices.
China's May refinery throughput at 9-month low on plant overhauls (1)
China's crude oil throughput declined by 1.8% in May from a year earlier to the lowest level since August, official data showed on Monday, as maintenance at both state-owned and independent refineries curbed operations.
Japan's Eneos restarts 77,000-bpd Kawasaki CDU after unplanned shutdown
Japan's largest refiner, Eneos Corp, restarted the 77,000-bpd No.3 crude distillation unit at its Kawasaki refinery near Tokyo
- 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
