Asia/Pacific
PETRONAS Lubricants India secures aftermarket service fill contract from Mahindra Automotive Division
PETRONAS Lubricants (India) Pvt. Ltd. (PLIPL), a subsidiary of PETRONAS Lubricants International (PLI), has been awarded the aftermarket service fill contract by Mahindra & Mahindra Ltd. (Mahindra), India's leading SUV manufacturer, strengthening its footprint in the country's automotive lubricant segment.
AVTL to develop ammonia terminal in Pipavav, India
In India, AVTL, will develop a brownfield ammonia terminal at the existing Pipavav location. The terminal will be the first independent ammonia storage terminal in India.
Chevron seeks buyers for 50% stake in Singapore refinery
U.S. oil major Chevron has sought non-binding bids for the sale of its 50% stake in Singapore Refining Company (SRC), including from joint venture partner PetroChina.
Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict
Asian refiners have requested more term crude oil supplies loading in August and September from producers in the Middle East after spot premiums jumped.
Discounts deepen on Iranian oil in China as struggling teapots slow buying
Sellers of Iranian oil to China are offering deeper discounts this month as they look to reduce inventories and as independent refiners slow their buying due to a jump in crude prices.
Asia-Pacific on course to become world’s largest CO2 shipping market
Vast distances between emitters and storage sites in Asia-Pacific (APAC) means the region is in line to become the world’s largest carbon dioxide (CO2) shipping market, according to a new CCUS report from global energy consultancy Xodus.
Australia: Roadmap launched for driving maritime decarbonization in the Pilbara
The Pilbara Ports ‘Clean Fuel Bunkering Hub’ outlines a strategic roadmap to establish a clean fuel bunkering hub in the region, enabling the use of alternative marine fuels such as ammonia.
U.S. EIA forecasts new export licensing requirements will reduce U.S. ethane exports
The U.S. EIA forecast U.S. ethane exports will decrease by 80,000 bpd this year and by 177,000 bpd in 2026 because of new licensing requirements U.S. exports of ethane to China.
Indian refiners cancel palm oil orders for July-September as prices surge
Indian refiners cancelled orders for 65,000 metric tons of crude palm oil (CPO) scheduled for delivery from July to September following a sudden surge in benchmark Malaysian prices.
China's May refinery throughput at 9-month low on plant overhauls (1)
China's crude oil throughput declined by 1.8% in May from a year earlier to the lowest level since August, official data showed on Monday, as maintenance at both state-owned and independent refineries curbed operations.
- Nextchem completes acquisition of Ballestra, expanding its technology portfolio in phosphates and fertilizers 6/25
- ABB's SensyMaster flowmeter receives SIL 2 certification for use in safety-critical process applications 6/25
- INEOS Oligomers announced two new product launches across its specialty chemicals portfolio. 6/25
- Phillips 66 CEO warns of refining, petrochemical earnings volatility from Hormuz disruptions 6/25
- Hynfra secures critical land rights for 120,000-tpy green ammonia plant in Jordan 6/25
- Maire signs MoU to explore SAF production in Kazakhstan 6/24
