Brazil's state-controlled Petrobras is touting China's persistent appetite for its pre-salt crude and is promising to boost supply if needed despite thinner sales margins.
News ID: 9500 Publish Date : 2020/05/15
Thailand's road construction activity has picked up after the government released funding and the country lifted a nationwide Covid-19 lockdown earlier this month.
News ID: 9493 Publish Date : 2020/05/15
The impact from the Covid-19 pandemic will continue to pressure global oil prices but a shift in consumer patterns because of lockdowns may weigh on oil demand in the longer term, according to research by China's biggest state-controlled refiner Sinopec.
News ID: 9387 Publish Date : 2020/05/08
Korean Air Lines, South Korea's flagship air carrier, plans to resume operating about 11pc of overseas flights in June after suspending them because of Covid-19. South Korea's flagship carrier is taking its first step towards recovery from an industry collapse that has crippled jet fuel demand.
News ID: 9384 Publish Date : 2020/05/08
A sudden rush for cash across the US independent refining sector has not stopped interest in mergers and acquisitions, executives said during earnings calls this week.
News ID: 9367 Publish Date : 2020/05/07
Indian state-controlled refiners have seen a 50pc decline in fuel demand in April after the government extended a nationwide lockdown to fight the Covid-19 outbreak.
News ID: 9197 Publish Date : 2020/04/20
Indian state-controlled refiner MRPL has issued an export tender offering 8,000t of polypropylene (PP) grades, its second for April.
News ID: 9196 Publish Date : 2020/04/20
Refiner and marketer Caltex Australia's sales edged lower in March from a month earlier, hinting at a slowdown in product demand because of the Covid-19 pandemic.
News ID: 9177 Publish Date : 2020/04/16
Speciality products refiner Nynas' said it has been assured by the US Treasury that its restructure plans will be enough to remove it from sanctions.
News ID: 8693 Publish Date : 2020/03/12
Light sweet US crude volumes heading to southeast Asia are poised to increase in the coming year amid growing appetite for the grades from smaller refiners in the region, partly to comply with the International Maritime Organisation (IMO) 2020 regulations cutting sulphur in marine fuels.
News ID: 8123 Publish Date : 2019/12/27
State-controlled Taiwanese refiner CPC has issued a new term tender to buy US West Texas Intermediate (WTI) crude, and has again requested a pricing formula using Argus' WTI Houston benchmark.
News ID: 7069 Publish Date : 2019/11/01
Saudi Arabia lost its position as the largest crude oil supplier to Japan in August as relatively expensive heavy-end crude grades prompted refiners to seek lighter Abu Dhabi crudes during the trading cycle.
News ID: 6550 Publish Date : 2019/10/01
China is allowing additional crude oil import quotas to predominantly private oil refiners in the world’s top oil importer, Reuters reported on Tuesday, citing a document it has seen.
News ID: 5017 Publish Date : 2019/07/04
Japanese refiner Cosmo Oil will load around 900,000 barrels of Iranian Heavy crude oil in early March as local refiners are rushing to lift as much barrels from Iran during the current 180-day US sanctions waivers, sources with direct knowledge of the matter told S&P Global Platts Tuesday.
News ID: 3764 Publish Date : 2019/02/27
Refiner s in Japan and South Korea are looking to resume Iranian oil imports from January after receiving waivers from US sanctions on Tehran, sources familiar with the matter said.
News ID: 2662 Publish Date : 2018/11/20