Asia/Pacific
Singapore's ChemOne delays Pengerang complex's start to 2028
Singapore's ChemOne Group has delayed the start of its Pengerang Energy Complex to the fourth quarter of 2028, with construction set to begin by mid-2025, after securing more financing for the project. When completed, the site is expected to house a petrochemical facility that can produce up to 2.6 MMtpy of products such as paraxylene, a feedstock for synthetic fibers and plastic bottles, and 3 MMtpy of fuel products including jet fuel.
Clariant begins construction of second high performance additives production line in Cangzhou, China
Clariant is expanding its Cangzhou production site for the manufacture of the multifunctional additive Nylostab S-EED. The new, second production line in the Hebei Province of China, will jointly be owned and operated by Clariant and its local partner Beijing Tiangang Auxiliary Co., Ltd.
China Nov. refinery throughput rises for first time in eight months
China's refinery throughput in November recorded its first rise in eight months, official data showed on Monday, as Beijing's economic stimulus measures began to underpin manufacturing activity and oil demand.
Indonesia's renewable energy plans may put forests at risk
Environmentalists are warning that Indonesia's ambitious plans to achieve net-zero emissions by 2060 rely too heavily on biofuels and risk a new wave of deforestation in the world's third-largest rainforest.
China’s refined oil consumption peaked in 2023, CNPC says
China's refined oil consumption peaked in 2023 at 399 MM tonnes (t) (7.98 MMbpd) and is expected to fall 1.3% to 394 MMt in 2024, the CNPC Economics & Technology Research Institute said on Friday
Iranian oil prices to China hit new multi-year highs as sanctions hit shipping
The price of Iranian crude oil sold to China has risen to the highest in years as fresh U.S. sanctions have tightened shipping capacity and driven up logistics costs.
Samsung E&A awarded $955-MM contract for 650,000-tpy biofuels plant in Malaysia
SAMSUNG E&A announced that it secured the EPCC contract for a 650,000-tpy biorefinery that will have the capability to produce sustainable aviation fuel and other biofuels such as renewable diesel/hydrogenated vegetable oil. This biorefinery will be located within PETRONAS’ Pengerang Integrated Complex, Johor, Malaysia.
Rosneft, Reliance agree to biggest ever India-Russia oil supply deal
Russia's state oil firm Rosneft has agreed to supply nearly 500,000 bpd of crude to Indian private refiner Reliance in the biggest ever energy deal between the two countries.
Global diesel prices to rely on refinery closures for support in 2025
The global diesel market will likely find price support in 2025 from the closure of about 1% of refining capacity, traders and analysts said, offsetting current weakness and structural downward pressure as the world shifts to cleaner fuels.
Liquid Wind and SAMSUNG E&A partner to accelerate development of eFuel facilities
Liquid Wind and SAMSUNG E&A are entering into a collaboration agreement to accelerate the development of eFuel facilities outside of Europe, in Asia, Africa and the Middle East.

- Gevo, Axens form alliance to accelerate SAF commercialization 2/14
- India to remain bright spot for petchem demand in 2025 2/14
- U.S. Republican senators call for $1,000 tax on new EV sales to pay for road repairs 2/13
- Chevron to lay off up to 20% of global workforce 2/13
- MOL Group successfully tested the production of HVO and SAF at Eastern European refinery 2/13
- Russia's Sibur set to restart drone-hit petchem plant in March 2/13