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Factbox: Attacks on Saudi oil units affecting major Asian crude buyers differently

15 hours ago DieselGasoil Comments Off on Factbox: Attacks on Saudi oil units affecting major Asian crude buyers differently
Singapore — The attacks on Saudi Aramco’s oil facilities have exposed Asia’s vulnerabilities in absorbing supply disruptions with purpose-built emergency stocks, which either don’t exist or fall short of global standards. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now While organizations like the International Energy Agency have coordinated strategic Read More

Fast facts about the smoky haze smothering Southeast Asia

16 hours ago DieselGasoil Comments Off on Fast facts about the smoky haze smothering Southeast Asia
JAKARTA (Reuters) – During Southeast Asia’s dry season, farmers in Indonesia and other countries clear land using fire, often for palm and wood pulp plantations, with flames frequently raging out of control to produce a choking haze that spreads across the region. FILE PHOTO: A couple dines as the Singapore F1 Grand Prix night race Read More

Analysis: Saudi disruptions expose Asia’s deficient emergency oil reserves

16 hours ago DieselGasoil Comments Off on Analysis: Saudi disruptions expose Asia’s deficient emergency oil reserves
Singapore — The attacks on Saudi Aramco’s oil facilities have exposed Asia’s vulnerabilities in absorbing supply disruptions with purpose-built emergency stocks, which either don’t exist or fall short of global standards. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now While organizations like the International Energy Agency have coordinated strategic Read More

Malaysia to push Southeast Asian nations for long-term solution to smog

16 hours ago DieselGasoil Comments Off on Malaysia to push Southeast Asian nations for long-term solution to smog
KUALA LUMPUR (Reuters) – Malaysia will push its Southeast Asian neighbors to strengthen cooperation in finding a long-term solution for smog wafted across the region from forest fires in Indonesia, its environment minister said on Thursday. FILE PHOTO: Students cover their faces with masks at a school as haze shrouds Kuala Lumpur, Malaysia, September 13, Read More

Singapore Grand Prix organizers stock up on anti-smog masks

18 hours ago DieselGasoil Comments Off on Singapore Grand Prix organizers stock up on anti-smog masks
SINGAPORE (Reuters) – Singapore Grand Prix organizers are stocking up on disposable face masks to potentially sell to spectators as the worst air pollution in three years threatens to taint the city-state’s marquee sports event. FILE PHOTO: A view of the Singapore F1 Grand Prix night race Marina Bay street circuit shrouded by haze in Read More

IEA: Member countries hold 15 days’ worth of global oil demand in emergency reserves

1 day ago DieselGasoil Comments Off on IEA: Member countries hold 15 days’ worth of global oil demand in emergency reserves
9/18/2019 PARIS – The International Energy Agency, founded in 1974 to help non-OPEC member countries coordinate a collective response to major supply disruptions, issued a statement today on the crude supply disruption situation in Saudi Arabia. “Recent events are a reminder that oil security cannot be taken for granted, even at times when markets are Read More

Indonesia’s planned cigarette tax hike to lead to production cut, layoffs

2 days ago DieselGasoil Comments Off on Indonesia’s planned cigarette tax hike to lead to production cut, layoffs
JAKARTA (Reuters) – Plans by the Indonesian government to raise tobacco excise tax and minimum cigarette prices next year will force companies to cut production and potentially cause layoffs, industry associations said on Wednesday. Indonesia has one of the world’s highest smoking rates and tobacco was responsible for 14.7% of all deaths in the country, Read More

Smothered by smoke, Malaysia seeds clouds to bring rain relief

2 days ago DieselGasoil Comments Off on Smothered by smoke, Malaysia seeds clouds to bring rain relief
KUALA LUMPUR (Reuters) – At an altitude of just 3,000 feet (915 meters), flares attached to both sides of the Cessna 172 aircraft lit up brightly, dispersing chemicals over Malaysia in the hope of bringing rain to clear the smoky air. The skyline of the central business district and a public apartment block are seen Read More

Asian gasoline retreats on Saudi reassurance it will restore output in 2 weeks

2 days ago DieselGasoil Comments Off on Asian gasoline retreats on Saudi reassurance it will restore output in 2 weeks
Singapore — Asian gasoline cracks plunged mid-morning Wednesday from multi-month highs, after overnight news that Saudi Arabia will restore most of its crude production at its affected Abqaiq oil processing facility within two weeks. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Based on indications from market participants at Read More

Indonesia’s July gasoline imports drop to lowest level in 2019 at 1.1 mil mt

3 days ago DieselGasoil Comments Off on Indonesia’s July gasoline imports drop to lowest level in 2019 at 1.1 mil mt
Indonesia took in a total of 1.106 million mt of gasoline in July, a stark fall of 21.4% on the month and the smallest volume year to date, detailed figures from Statistics Indonesia showed this week. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The drop had, however, been Read More