Asia/Pacific
Asia's crude oil imports drop in 2024 as weak China weighs
Asia's crude oil imports dropped in 2024, the first annual decline in three years, led by weak demand from heavyweight China and other major buyers, with only India managing sparse growth.
U.S. plans more sanctions on tankers carrying Russian oil
The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues with action against tankers carrying Russian crude.
Brunei to Tokyo with hydrogen: A demonstration success story
The authors’ company has developed a novel technologya for the transport of large volumes of H2. This technology is based on the use of a liquid organic H2 carrier (LOHC) and utilizes both an “off-the-shelf” hydrogenation catalyst as well as a proprietary and now-proven dehydrogenation catalyst.
Russian court tells Yandex to hide images of oil refinery after Ukrainian attacks
A Russian court has ordered internet company Yandex to hide access to maps and photos of one of Russia's largest oil refineries due to repeated attacks by Ukrainian drones.
Singapore's Dec. jet fuel imports hit multi-year high on India, S. Korea supply
Singapore's jet fuel imports probably hit multi-year highs in December, with India the top supplier as the arbitrage to Europe stayed shut.
Palm oil ends with more than 5% weekly losses
Malaysian palm oil futures closed up on Friday, although they posted a 5.41% weekly decline, snapping gains from the previous week.
Indonesia's B40 palm oil delay causes market uncertainty
Indonesia has yet to implement a higher mandatory blend of biodiesel planned for Jan. 1 as industry participants await technical details of the new regulation, causing confusion among palm oil traders.
China issues 2025 crude quota to Sinochem for eastern China refineries
State-run Sinochem Group has received a crude oil import quota of 17.12 MM tonnes (t) for 2025, which will be for the group's eastern China refineries.
Ukraine hits Russian oil depot in Smolensk region
The Ukrainian military said on Tuesday its forces had hit a Russian oil depot in the western Smolensk region, setting fire to tanks storing oil products.
Update: India's BPCL buys Middle East grades to replace Russian shortfall
State-run Indian refiner Bharat Petroleum Corp. (BPCL) is buying Middle Eastern crude to make up for less supply of cheaper Russian oil, its head of finance Vetsa Ramakrishna Gupta said in a recent interview.
- 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
- Pacific Future Energy officially cancels refinery project in British Columbia, Canada 2/13
- Alternative Chinese terminals emerge to take in sanctioned tankers 2/13
