Asia/Pacific
EU to list two Chinese oil refineries, one trader in new Russia sanctions
The EU has toughened its stance on Beijing as diplomatic efforts have stalled. The EU, Ukraine and its allies view China as a central node in Moscow's sanctions circumvention network.
RINA awarded FEED contract for PETRONAS' flagship CCS project in Malaysia
This step marks a critical acceleration in delivering one of Southeast Asia’s most advanced low-carbon infrastructure projects – strengthening Malaysia’s position as a CCS leader in the region.
Lummus and KMG to establish digital center of excellence in Kazakhstan
The center will serve as a hub for technology transfer and workforce development, providing advanced training, enhancing technical skills, improving industrial safety and strengthening operational excellence for Kazakhstan's growing petrochemical sector.
Trump’s India squeeze to push Russian oil further into the shadows
India has become a major trade buyer of Russian oil since Moscow’s invasion of Ukraine in 2022. It purchased 1.9 MMbpd of Russia’s crude in the first nine months of 2025, 40% of its total exports.
China allows more biofuel firms to export green aviation fuel
While Europe, the world's second-largest aviation fuel market, has yet to set a mandate for the usage of greener fuel, Chinese biofuel firms are building more SAF plants and targeting the continent as a top export destination.
Western pressure to hit Asian buying of Russian oil and LNG from December
Washington is exerting pressure on China, India and Japan through trade talks to reduce their purchases of Russian oil and LNG, while Britain has just imposed sanctions on Chinese and Indian entities.
U.S. says India halves Russian oil imports, sources say no cuts seen
Russian oil is a main irritant for Trump in prolonged trade talks with India - half of his 50% tariffs on Indian goods are in retaliation for those purchases.
Indonesia considering 1% SAF blend by 2026
Indonesia's state energy firm Pertamina this year started producing SAF made partly from used cooking oil (UCO) in one of its refinery units, and is planning to convert two other refineries to process fuel from UCO.
Suntory launches Japan’s largest P2G-based energy demand conversion demo to pave way for green H2
With a capacity of 16 MW, the green hydrogen production facilities installed are among the largest in Japan and if operated 24 hours a day for 365 days a year, could produce 2,200 tpy of hydrogen, thereby enabling a CO2 emissions reduction of 16,000 tons.
Some Indian refiners to move away from Russian oil
India and China are the biggest buyers of Russian sea-borne crude, taking advantage of discounted prices Russia was forced to offer after losing sales to Europe following Moscow's invasion of Ukraine in 2022.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
