Asia/Pacific
Indian refiners postpone maintenance shutdowns to meet local fuel demand
Indian Oil Corp. and Bharat Petroleum Corp. were among the companies that had planned to shut units at some of their refineries for routine maintenance.
Vietnam refinery boosting jet fuel production
Vietnamese aviation authorities said last week the country's airlines were planning to cut their operations due to fuel shortage.
China plans to upgrade some petrochemical plants, phase out others by 2029
From next year, authorities will conduct annual rolling surveys and assess any newly identified outdated facilities.
INPEX extends MoU with Persero for Abadi LNG project in Indonesia
INPEX has extended a MoU with PT Pertamina (Persero) (Pertamina) on a strategic collaboration to proactively pursue the implementation of the Abadi LNG Project in Masela Block in the Arafura Sea in Indonesia.
China's smaller independent refiners to curb output on rising oil prices
The so-called teapot refiners had benefited in recent months from cheap stocks of Russian and Iranian crude, but temporary U.S. waivers allowing purchases of Russian and Iranian oil stranded at sea for 30 days have driven prices for those barrels sharply higher as buyers, especially Indian refiners, rush to secure supply.
- Azerbaijan's State Oil Company redirects supplies of jet fuel from STAR refinery to Turkish domestic market 5/8
- Hungry to sell, UAE slips hidden oil tankers through Strait of Hormuz 5/8
- Seven markets to track if peace breaks out in the Middle East 5/8
- Asia exports of refined fuels plunge amid Hormuz closure 5/8
- Libya's Zawiya oil refinery shut due to nearby clashes 5/8
- Meghna PVC partners with Jotun to manage corrosion maintenance 5/7
