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Asia Pacific downstream news

Vitol targets Asia biofuel growth

Vitol is strengthening its position in Asia’s expanding biofuel market, with the delivery of specialised bunker barges to Singapore in 2024.


Evergreen and CIP sign Memorandum of Understanding

Evergreen Marine Corp. and Copenhagen Infrastructure Partners (CIP) have signed a Memorandum of Understanding (MoU) to explore production and usage of carbon-neutral e-fuels.


BP ships first cargo from Tangguh LNG facility

The first cargo of LNG produced by the new third liquefaction train at the Tangguh LNG facility has been safely loaded and sailed to be delivered to Indonesia’s state-owned power generator, PT PLN (Persero).


Australia steps up decarbonisation policies

According to GlobalData, Australia plans to accelerate its adoption of EVs, support renewable refineries for the growth of biofuels, increase its CCS projects, and develop low-carbon hydrogen markets across all industries.


Woodside and Viva Energy sign MoU

The companies have signed an agreement to discuss capacity rights for Viva Energy’s proposed LNG regasification terminal in Victoria, Australia.