South-East Asia Oil Refining News Monitoring

Petroleum products exports down 22% on month in April

India’s export of petroleum products in April declined by 22% to 1.12 million barrels per day against 1.44 million barrels per day in March, according to data from global real-time data and analytics provider Kpler. On an year-on-year basis, exports fell …

Refined & Modern Greek Restaurants To Try In London

In February 2025, Oma made history as the first Greek restaurant in London—and the UK—to win a Michelin star. These are the other hotspots for upscale Greek flavors with contemporary flair and fine-dining finesse. Gaia Gaia Gaia - the glamor of the Greek …

Ministry rejects false information on $3.5 billion Chinese petroleum refinery in Cambodia

Vietnam cuts LNG import tariff to boost clean energy transition

Hanoi (VNA) – The Vietnamese Government has reduced the preferential import tariff on liquefied natural gas (LNG) from 5% to 2% under Decree No. 73/2025/ND-CP, issued on March 31. The move marks a key step in accelerating the country’s shift from …

Asia Fuel Oil: Cracks for 380-cst HSFO at multi-year high

Asia’s refining cracks for 380-cst high sulphur fuel oil (HSFO) hit a multi-year high on Wednesday, buoyed by a drop in crude oil futures and seasonal market strength into late-Q2. Singapore 380-cst HSFO/Brent crack (FO380BRTCKMc1) closed at a premium …

When nasi lemak inflation outpaces your salary: Is Malaysia’s RM1,700 minimum wage enough?

KUALA LUMPUR, May 1 — Labour Day, globally celebrated today, may not be just a day off for workers but a cornerstone of labour rights. Apart from recognising labourers’ contributions to the economy, workers’ rights are usually the main subject of the day …

South Korea's SK Innovation says refining margins will improve after surprise Q1 loss

SEOUL :SK Innovation Co Ltd, owner of South Korea's biggest oil refiner SK Energy, swung to an unexpected operating loss in the first quarter on weaker oil prices, but forecast a recovery in refining margins in the second quarter. The company posted an …

Middle East Crude-Benchmarks slide further as oil prices fall

Middle East crude benchmarks Oman, Dubai and Murban fell further on Wednesday as oil prices extended declines to the lowest level in over two weeks. Both Brent and WTI were set for their largest monthly drop in almost three and a half years as the global …

SK Innovation Q1 Net Loss Widens on Lower Refining Margins

This undated file photo shows SK Innovation Co.’s Ulsan Complex (CLX), 305 kilometers southeast of Seoul. (Image courtesy of Yonhap) SEOUL, April 30 (Korea Bizwire) — SK Innovation Co., South Korea’s leading refiner, said Wednesday its net loss widened in …

SK Innovation sinks to Q1 operating loss, sees refining margins improving

SEOUL :SK Innovation Co Ltd, owner of South Korea's biggest oil refiner SK Energy, swung to an unexpected operating loss in the first quarter, but forecast refining margins would gradually recover this quarter amid higher driving season consumption. …

Crude Oil Prices Extend Losses as Oversupply and Trade Worries Hit Sentiment

Crude oil extended its fall in the early trading session today as broader market concerns have weighed on the complex, while the latest inventory numbers from the American Petroleum Institute (API) remain largely bearish Energy – High Inventory Adds …

SK Innovation expects refining margins to gradually improve in Q2

SEOUL :SK Innovation Co Ltd, owner of South Korea's biggest oil refiner SK Energy, said on Wednesday it expects refining margins to gradually recover in the June quarter backed by higher driving season consumption. The company posted an operating loss …

TotalEnergies Keeps Buybacks Despite Profit Drop on Weak Refining

TotalEnergies (NYSE: TTE) saw its first-quarter earnings decline amid weak refining margins, but the French supermajor remains confident it can sustain $2-billion buybacks in the second quarter despite lower oil prices. TotalEnergies reported on Wednesday …

Man who died at 2XU Compression Run identified as Indonesian who was working in Singapore

The 2XU Compression Run had flagged off at around 4.15am at the F1 Pit Building on Sunday and is said to have drawn over 20,000 participants for its 5km, 10km, and 21.1km categories.PHOTO: 2XURUN/INSTAGRAM SINGAPORE – The 23-year-man who died at the …

BP results: A closer look at the struggling oil major that has...

BP PLC (LSE:BP.) first-quarter update on Tuesday landed awkwardly, with cash flow well below expectations. Yet while the miss disappointed the market, UBS sees reasons for private investors to remain steady. Operational discipline is improving, asset sales …

Asia Fuel Oil: Cash premiums rangebound, margins retain strength

Asia’s fuel oil cash premiums were little changed for a second consecutive session on Tuesday, with bids and offers rangebound, while margins remained elevated as crude prices fell. The spot market has largely quietened this week though a couple of …

Davis Commodities Announces Strategic Joint Venture with Leading Malaysian Agri-Processor to Capitalize on Regional ...

SINGAPORE, April 30, 2025 (GLOBE NEWSWIRE) -- Davis Commodities Limited (NASDAQ: DTCK), a global leader of agricultural commodity solutions, today announced a pivotal joint venture with a prestigious Malaysian Agri-processing group to produce and export …

Energy ministry clarification: No approval granted for Kampot oil refinery

Kampot provincial governor Mao Thonin meets with representatives of the Guanzun Energy Investment Company on April 5. Kampot administration The Ministry of Mines and Energy today have issued a clarification refuting reports by some media outlets that …

SK Incheon Petrochem Introduces Korea's First Locally Blended B30 Biofuel

SK Incheon Petrochem supplies bio-blended marine fuel to a client at Incheon Port’s New Port Terminal on April 26. Image Credit: SK Incheon Petrochem South Korean refiner SK Incheon Petrochem has officially started the supply of B30 marine biofuel blend in …

Water On Demand Featured in Upcoming TV Series 'The Raise'

Highlighting creative solution to trillion-dollar water deficit CLEARWATER, FL, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Water On Demand Inc. (WODI), a fintech-focused company turning water systems into tax-leveraged assets, and American …

PV-Carport-Lösungen mit smarter Parkplatzverwaltung: Gorfion Green Energy und EnoPark starten strategische Partnerschaft

Kunden von Gorfion Green Energy und EnoPark können PV-Carports inklusive intelligenter Parkplatzmanagement-Software ohne Eigeninvestitionen realisieren. KONSTANZ, GERMANY, May 1, 2025 /⁨EINPresswire.com⁩/ -- Die Gorfion Green Energy und das …

PteroDynamics Exhibits at SOF Week 2025 Annual Conference for Special Operations Forces

COLORADO SPRINGS, CO, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- PteroDynamics Inc., an innovator in autonomous vertical takeoff and landing (VTOL) aircraft systems, today announced that it is exhibiting at SOF Week 2025, the annual convention for …

Klean Industries Secures Global Patent Protection for End-of-Life Tire Pyrolysis Technology

International PCT Patent Reinforces Klean’s Leadership in Advanced Resource Recovery NEW YORK, NY, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Klean Industries Inc. (“Klean”), a global leader in tire pyrolysis and circular economy solutions …

Edo Collaborates with Piclo to Bring Commercial Buildings into Connecticut Flexibility Marketplace

Edo and Piclo partner to bring flexible load from commercial buildings into Connecticut demand flexibility program. SEATTLE, WA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Edo, a leader in demand flexibility and building energy …

Pando Electric Awarded $5.4 Million CEC Grant to Expand Multifamily Housing EV Charging Across California

Pando Electric wins $5.4M CEC grant to install 1,600+ EV chargers, bringing affordable, reliable charging to multifamily homes across California. SAN JOSE, CA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Pando Electric, the fastest-growing …

Grimes Carbon Tech Says U.S. Can Produce Enough Rare Earths to Exceed Demand for the Next 1,000 Years

GCT to preview its proprietary technology on May 21, 2025 at 10 am EDT (GMT-4) NEW YORK, NY, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Green energy start-up, Grimes Carbon Tech (GCT) will preview its proprietary technology for turning existing …

Enact Solar Announces Strategic Partnership with Renusol

Partnership will Enable Solar Installers to Streamline Operational Efficiency and Reduce Costs Through Software Platform Integration PLEASANTON, CA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Enact Solar, the award-winning intelligent …

A Leader In Hurricane Prediction, Weather 20/20 Predicts 20 Named Storms

Backed by 3 years of top-ranked accuracy, Weather 20/20 forecasts a high-impact 2025 hurricane season with major U.S. landfall threats. KANSAS CITY, MO, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Weather 20/20, a global leader in …

Advanced Recycling Market estimated to reach US$3.783 billion by 2030 at a CAGR of 13.08%

The advanced recycling market is anticipated to grow at a CAGR of 13.08% from US$2.046 billion in 2025 to US$3.783 billion by 2030. NEW YORK, NY, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- According to a new study published by Knowledge …

CustomWeather Launches a-la-carte Customized Daily Weather Reports

Construction, Energy, Outdoor Venues, Agriculture and Marine sectors can order weather reports and forecasts, delivered daily for pinpoint locations worldwide. MILL VALLEY, CA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- CustomWeather, Inc. …

CustomWeather Launches a-la-carte Customized Daily Marine Reports

Offshore Platforms, Dredging, Marine Surveying and related marine sectors can order custom marine reports, delivered daily for pinpoint locations worldwide. MILL VALLEY, CA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- CustomWeather, Inc. …

Smart Transformer Market Size, Share, Trends, Growth, Forecast, and Regional Insights 2024–2035

Smart Transformer Market was valued at USD 2.7 billion in 2024 and is projected to grow at a CAGR of 9.3% during the forecast period (2025-2035). INDORE, INDIA, May 1, 2025 /⁨EINPresswire.com⁩/ -- The market growth is recognized due to the …

Equinor sells the Peregrino field for USD 3.5 billion

Equinor Brasil Energia Ltda., a subsidiary of Equinor (OSE: EQNR, NYSE: EQNR), has entered into agreements(1) with Brazilian company Prio Tigris Ltda., a subsidiary of PRIO SA (PRIO3.SA) for a sale of its 60% operated interest in the Peregrino field in …

Equinor selger Peregrino-feltet for 3,5 milliarder USD

Equinor Brasil Energia Ltda., et datterselskap av Equinor ASA (OSE:EQNR, NYSE: EQNR), har inngått avtaler(1) om salg av sin egenopererte eierandel på 60 prosent i Peregrino-feltet i Brasil med det brasilianske selskapet Prio Tigris Ltda. (PRIO3.SA). PRIO, …

AXTAL’s OCXOs Offer Ultra-Low Noise and Jitter Over Wide Frequency Ranges

AXIOM ULN OCXO’s offer ultra-low, close-in phase noise and noise floor and reduced jitter; Ideal for radar, communication and RF measurement systems. BREA, CA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Q-Tech Corporation, a leading global …

National Strand Strengthens Commitment to Buy America Initiatives with NTIA Map Inclusion

National Strand, a U.S. steel strand manufacturer, joins NTIA's BABA map and deepens its commitment to the Buy America initiative. BAYTOWN, TX, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- National Strand, an American-owned and operated …

Hicks Partners Launches Ohio Energy Siting & Outreach Services for AI, Data Center, and Industrial Power Projects

Siting and community outreach to fast-track pipelines, power generation, and AI data centers COLUMBUS, OH, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Hicks Partners has launched new Ohio-based energy siting and stakeholder outreach …

Commercial Solar Panel Recycling Honored by CIANJ for State-of-the-Art Environmental Innovation on Earth Day

CSPR honored by CIANJ for leading solar panel recycling innovation, spotlighting scalable, zero-landfill solutions this Earth Day in New Jersey. PHILLIPSBURG, NJ, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Commercial Solar Panel Recycling …

VizConnect, Inc. ($VIZC: OTC) – Croteau Homes Surpasses $6 Million in Project Management Contracts for 2025

VizConnect, Inc. (OTCMKTS:VIZC) PORTLAND, ME, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- VizConnect, Inc. ($VIZC: OTC) – Croteau Homes Surpasses $6 Million in Project Management Contracts for 2025, Signaling Strong Momentum Into 2026 …