Asia/Pacific
Pertamina partners with ABL to enhance asset management at its Cilacap refinery (Indonesia)
Pt. Kilang Pertamina Internasional has appointed ABL’s asset integrity management unit to further enhance asset management at the Indonesian national energy company’s Cilacap Refinery Unit IV, located in Central Java, Indonesia.
Russia oil sanctions create different winners at different times
The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating both short- and medium-term winners and losers.
DHL Express to buy SAF from Japan's Cosmo starting April
DHL Express, a division of Germany's Deutsche Post DHLn.DE, said on Tuesday it would buy sustainable aviation fuel (SAF) from a unit of Japan's Cosmo Energy Holdings starting in April.
Syzygy Plasmonics and Lotte Chemical complete trial of ammonia e-cracking unit
Syzygy Plasmonics and Lotte Chemical have commissioned and completed performance testing of the world's largest all-electric ammonia cracking system in Ulsan, South Korea with logistical support from Sumitomo Corp. of Americas and Sumitomo Corp. Korea.
Japan's Cosmo to supply domestic SAF to two airlines from April
Cosmo Energy Holdings said on Monday it will start supplying sustainable aviation fuel (SAF) to Japan Airlines (JAL) and All Nippon Airways (ANA) from April, marking the first supply of domestically produced green fuel.
Russian oil refining rises as U.S. sanctions target crude
Russian refineries are processing more crude oil in the hope of boosting fuel exports after new U.S. sanctions on Russian tankers and traders made exports of unprocessed crude more difficult.
China 'teapot' refiners halt plants as new fuel tax
Several independent oil refineries in eastern China have halted operations, or plan to do so, for indefinite maintenance periods as new Chinese tariff and tax policies plunge them deeper into losses.
Australia's Ampol expects lower annual earnings on Lytton refinery snags
Australia's Ampol estimated a steep drop in annual earnings on Thursday as production at its Lytton refinery in Queensland was hit by operational constraints and lower refining margins.
Ukrainian drones hit big Russian oil refinery at Ryazan
Ukrainian drones hit a Russian oil refinery in the city of Ryazan overnight, causing a fire and damaging equipment at one of Russia's biggest refineries.
India's BPCL sees March Russian oil intake down 20% as it awaits offers
India's state-run refiner Bharat Petroleum Corp. sees its Russian oil processing down to 20% in March from 31% this month as it awaits offers from traders.
- 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
