Asia Pacific

Asia Pacific

Japan shrinks refining sector

Japan, which once consumed about 10 per cent of global oil output in its refineries, is undertaking the biggest refining contraction of any country, ending a dominant era...

Asia Pacific

Hanoi to buy more gasoline

Vietnam’s gasoline imports from South Korea could see an increase this year, following a reduction in import duty since December last year, trade sources said."Vietnamese...

Asia Pacific

Woodside LNG project in limbo

Woodside Petroleum reported a halving in its underlying profit, and said deep uncertainy over oil prices was weighing on the prospects for its key growth project, a...

Asia Pacific

Jakarta seeks new investors

The government of Indonesia wants to construct the Bontang oil refinery in East Kalimantan through a private-public partnership (PPP). Sudirman Said, Minister of Energy...

Asia Pacific

Korea’s Iran imports triple

South Korea’s imports of Iranian crude oil tripled in January from a year earlier with the US lifting sanctions on Tehran, but shipments remain far below pre-sanction...