AsianOil - Asia Oil & Gas

China’s Hongrun buys Canadian, Brazilian crude for Changyi refinery

Chinese independent refiner Hongrun Petrochemical has snapped up crude supplies from Canada and Brazil for its newly acquired Changyi refinery.

Vietnam considers exclusive use of E10 fuel from 2026

Vietnam’s Ministry of Industry and Trade has suggested that from January 1, 2026, E10 biofuel should become the only fuel available nationwide for petrol-powered vehicles.

Iraq's GasChem export terminal receives biggest liquefied gas tanker in its history, bound for China

India rejects criticism over Russian oil trade but flow from Moscow plummets

India has pushed back against mounting criticism of its continued energy ties with Moscow, insisting that no country is obliged to buy refined Russian oil products exported from Indian refineries.

China takes Russian oil shipments usually bound for India amid shifting trade flows

At its peak, Russia was India’s largest single supplier of crude, commanding a 36% share of the market. In 2024 alone, New Delhi imported $53bn worth of oil and crude products from Russia.

Air Liquide moves to acquire DIG Airgas in €2.85bn transaction, deepening South Korean reach

Its portfolio currently includes 60 plants and 220 kilometres of pipeline networks, supported by a workforce of 550 employees.