Asia Pacific downstream news

Southern Oil has announced the official opening of the Northern Oil advanced biofuels pilot plant, the first facility to convert waste products into renewable fuels in Australia.

Gazprom has announced that documents have been signed to advance Russian-Chinese cooperation in underground gas storage.

Following the announcement of the 100-day action plan between the US and China, the deal has the potential to alter the global LNG trade.

The price of crude has increased this morning as Saudi Arabia and Russia have spoken out in support of extending the supply cuts agreement until March 2018.

ExxonMobil has announced it will acquire the Jurong Aromatics Corporation plant in Singapore.

Qatargas has announced it has successfully delivered its commissioning cargo to a new Chinese LNG terminal.

A new report from Infiniti Research has found that the low price of crude oil is staving off the petrochemical industry decline in Taiwan.

Praj has announced it has successfully demonstrated its cellulosic ethanol technology at its facility near Pune, India.

Pertamina has announced it is expanding the marketing of its Pertalite non-subsidised fuel in Kupang, NTT.

Clariant has announced that its catalysts are contributing significantly to emission control in China.