Asia/Pacific
Sinopec Shanghai Petrochemical to invest $2.9 B to upgrade Chinese operations
To maintain its capacity in crude oil processing and make other operational upgrades, the company will shut down existing 18 sets of oil refining devices and install new ones. The new installations will have a capacity to refine 1.2 MMtpy of ethylene.
Turkey and Brazil top buyers of Russian diesel
Turkey and Brazil remained the main importers of Russian seaborne diesel and gasoil last year amid the European Union's ban on imports of Russian refined products.
India halts trade with U.S.-sanctioned Russian companies and tankers
Indian refiners have stopped dealing with U.S.-sanctioned oil tankers and entities, but the country does not expect disruption to Russian crude supplies during a two-month wind-down period.
Update: Turkey's Izmir refinery now expects to restart crude unit in Feb, IIR says
Turkish refiner Tupras now expects to restart a 151,000-bpd crude unit at its Izmir oil refinery in early February after a fire on Nov. 25.
Pertamina unit to produce ISCC-certified SAF in 1Q
Kilang Pertamina Internasional, the refinery unit of Indonesia's state-owned energy firm Pertamina, aims to produce its first certified sustainable aviation fuel (SAF) in the first quarter of this year.
WTO panel largely backs EU in palm oil case against Indonesia
A World Trade Organization (WTO) panel found largely in favor of the European Union (EU) on Friday in a case brought by Indonesia against the bloc's restrictions on palm oil-based biofuel.
U.S. to impose further sanctions on Russian oil fleet and traders
The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S. Treasury document circulating among traders in Europe and Asia that drove global oil prices 3% higher on Friday.
Digital Exclusive: Automation and digital technologies' role in the energy transition-A discussion with Yokogawa
Hydrocarbon Processing sat down with Mitsuhiro Yamamoto, Vice President and Executive Officer of the Systems Business Division, Digital Solutions Headquarters, Yokogawa Electric Corporation to discuss the global energy transition, and how digital technologies and automation have and will play a major role in the evolution of the processing industries.
SOCAR's STAR oil refinery to supply jet fuel for Istanbul Airport
Azerbaijan SOCAR's STAR oil refinery will supply 700,000 metric tpy (about 15,000 bpd) of jet fuel to Istanbul Airport for three years starting from 2025.
Idemitsu to begin trial of non-edible oilseed crop for SAF
Idemitsu Kosan will begin a trial plantation of the non-edible oilseed tree crop pongamia in Australia from mid-January to assess its potential as a feedstock for sustainable aviation fuel (SAF).
- 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
