Asia Oil Company News

India's state-owned Oil and Natural Gas Corp. (ONGC) has initiated plans for a multibillion-dollar refinery and petrochemical project in Uttar Pradesh to capture the nation's growing fuel demand....

China's state-backed petrochemical cracker Tianjin Bohai Chemical Industry Group has restarted its 600,000 mt per annum propane dehydrogenation plant this week after...

Banle Energy International has now expanded its global port coverage to over 60 ports in 14 countries as the company prepares to captilise...

Socar will shut its STAR refinery on Turkey's west coast for up to two months for maintenance work amid falling refined product margins...

Profits at oil trader Gunvor slipped 48% in the first half of the year as oil market volatility waned, with trade adapting to geopolitical...

A fire broke out at the Gazprom-operated 430,000 bpd Omsk refinery in Siberia late Monday, leaving one casualty and half dozen injured, but operations at...

China's top oil refiner Sinopec expects domestic sales of refined products to rise further in the second half of the year as the company is...

Singaporean oil refiner SRC is set to wind down operations of the crude distillation unit at its 290,000 bpd refinery until...

Australian energy producer Santos said Wednesday that several key projects are close to completion, which will start to lift production...

Air Products has agreed to acquire Saneg's hydrogen-producing assets at the Fergana Oil Refinery in Uzbekistan...

Saudi Arabia's national shipping company has booked nine VLCCs from Capital Maritime & Trading as it continues to overhaul its...

Australia's Woodside Energy is set to process the first cargo of LNG from the giant offshore Scarborough field in 2026, after the...

China's state-owned jet fuel trader and distributor, China Aviation Oil, expects global air travel demand to remain robust in the second half...

Indonesia's Pertamina is looking to start low-carbon gasoline production at its Balikpapan refinery in about a year's time after...

China has completed construction of one of the largest rigs in the world, which will be shipped to Saudi Arabia as part of the expansion...

Saudi Aramco reported a dip in second quarter profits for 2024 versus the previous year as the energy producer reined in production, while soft...

Idemitsu Kosan saw its refined oil product exports soaring in the first financial quarter of this year amid a faltering recovery in demand in...

Japan's largest oil refiner Eneos has shut the 145,000 bpd crude distillation unit at its Sendai refinery in...

South Korean energy major SK Innovation expects robust refining margins in the second half of the year on the back of stronger demand for...

Eneos has restated the crude distillation unit at its 129,000 bpd Chiba refinery after an issue this week knocked the site offline, the company...