Asia/Pacific
N2O removal system for ammonia-fueled ships selected to receive developmental support from Japan’s Green Innovation Fund
Hitachi Zosen Corporation and Nippon Yusen Kabushiki Kaisha announced that their jointly proposed "Development of N2O Reactor for an Ammonia-Fueled Ship" has been selected by the Japan’s New Energy and Industrial Technology Development Organization as a “Next-Generation Ship Development”.
Oil prices nearly flat as market weighs Chinese demand, North America supply increase
Oil prices were little changed as markets weighed new economic data from China against increasing supply from the Western Hemisphere.
India's Hydrogen Ambitions: Powering the Future with Green Fuel
India has launched the ambitious National Green Hydrogen Mission in January 2023, aiming to become a global leader in the production, utilization, and export of this clean fuel.
Malaysia to monitor changes in EU curbs on palm biofuel after WTO ruling
Malaysia said it will closely monitor how the EU responds to a WTO ruling that supported the bloc's stance that biofuels causing deforestation cannot be regarded as renewables, but sought changes in how it implemented that decision.
Linde Engineering to supply ASU and nitrogen wash unit to Australia’s largest urea plant
Linde Engineering has signed a contract for the engineering and procurement of an air separation unit and a nitrogen wash unit for a urea plant in Karratha, Western Australia.
Montfort in talks with Sinopec for UAE fuel oil facility sale
Geneva-based trading house Montfort Group is in discussion to sell part or all of its refining facility in the UAE to the fuel oil arm of Chinese state giant Sinopec Corp.
Low volumes and profits herald soft Asia diesel market
Asia's exports of diesel slumped to a multi-year low in February, and while volumes may recover in March on rising shipments from China and India, it's likely prices will come under further downward pressure.
Thailand-based petrochemical company Indorama Ventures aims to sell assets, list businesses
Thailand-based petrochemical company Indorama Ventures plans to shift away from debt-funded acquisitions and list its businesses to fund growth organically.
Shrinking global palm oil supplies, strong biodiesel demand to boost prices
Stagnating global palm oil production and higher biodiesel mandates are likely to curb supplies of the world's most used vegetable oil this year, setting the stage for further gains in prices, which are trading at their highest in seven months.
Malaysian 2024 biofuel output could rise if B20 biodiesel usage expanded
Malaysia's biodiesel production could rise to 1.8 MMt in 2024 if the government expands its 20% biodiesel mandatory program to more areas in the country.
- India receives fuel oil cargo in Russian SCF tanker after brief halt 4/26
- Biden administration (U.S.) to release SAF tax credit model 4/26
- Boeing, Wagner advance Australia’s SAF Industry 4/26
- S-Oil expects Q2 refining margins to remain steady then trend upward 4/26
- Vitol to charter supertankers from U.S. to Nigeria's Dangote refinery 4/26
- Refiner Valero beats profit estimates on resilient demand, tight supplies 4/26
