China leads Asia’s refinery FCCU capacity
In Asia, eight countries had active refineries with a total FCCU capacity of 3,551mbd in 2021.
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China leads Asia’s refinery hydrotreater units capacity
By 2026, upcoming hydrotreater units are expected to commence operations in 40 refineries across Asia.
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G7 leaders agree to investigate capping oil import price
Democratic leaders will aim to drive the price of oil down through restrictions on businesses.
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China led Asia’s refinery coking units capacity
By 2026, 12 new refineries with coking units are expected to commence operations in Asia.
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China led Asia’s refinery CDU capacity
In Asia, 19 countries had active refineries.
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Idemitsu to close Yamaguchi refinery in Japan by March 2024
The decision to close the 53-year old refinery comes as the company foresees a reduced gasoline demand.
China led Asia’s refining capacity growth during 2016 to 2021
Asia's refining capacity increased at an AAGR of 1.8% between 2016 and 2021.
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Japan to retain stake in Russian gas project
The decision comes despite exit plans announced by the other Sakhalin 2 project partners after Russia attacked Ukraine.