Asia/Pacific

India's Reliance to shut some units at 660,000-bpd refinery

China asks banks to pause new loans to US-sanctioned refiners

Australia commits $7 B to boost fuel stockpiles, create government reserve

The expanded stockpiles and reserve of around 1 B liters (264 MMgal) will ensure Australia holds at least 50 days of fuel onshore to shield the country from future supply shocks.

Equinor: Iran war lifts Asia-Pacific interest for Norwegian petroleum products, LNG

The conflict has effectively closed the Strait of Hormuz, a choke point for energy exports from producers in the Gulf, especially affecting clients in Asia.

Hong Kong-Dongguan to build SAF supply chain with new biofuels firm Ecoceres facility

Australia's Viva Energy expects to restart Geelong refinery units in June

China's Commerce Ministry blocks U.S. sanctions against five refineries

India's Reliance cuts exports of alkylates, boosts LPG output

Reliance typically exports alkylates to the United States.

Lummus Technology selected for major ethanol-to-jet SAF project in India

LANXESS inaugurates new lubricant additives manufacturing plant in India

Designed to serve both domestic and international markets, the facility will primarily cater to customers across India, the Middle East, and other key global markets.