Oil refining

High fuel prices to endure as global conflicts hit refining capacity, warn Exxon and Chevron

2026-08-02T07:51:48.000Z
Chinese crude imports for June fell to a near-decade low, as the industry faced worsening demand and disruptions to crude shipments from the Persian gulf.

China slashes June oil refining volumes to six-year low as crude imports collapse

2026-07-15T03:11:48.000Z
The price of refined petroleum products remain as high as if crude oil was still changing hands above US$100 a barrel.

Iran isn’t the only conflict vexing the global oil market

2026-07-13T04:16:55.000Z
Refiners in Asia have been inundated with offers as shipments through the Strait of Hormuz pick up.

China’s private refiners snap up Middle East oil as prices slide

2026-07-02T06:47:40.000Z
With commercial traffic via Hormuz picking up, Middle Eastern producers are racing to bring idled output back online.

Growing oil glut spurs Asian refiners to offer cargoes to the US

2026-06-30T06:10:33.000Z
Beijing has cut exports since March after the Iran war started, to ensure sufficient domestic fuel supplies.

China to raise refined fuel export allowance in July, sources say

2026-06-25T06:44:59.000Z
Aster's deputy CEO Andre Khor says the company plans to sell more bitumen from its Singapore facility to Indonesia.

Singapore oil refiner Aster still on M&A hunt, ‘open’ to IPO as assets mature

2026-06-20T04:33:07.000Z
Aster deputy CEO Andre Khor, citing the age of the “polycrisis”, says: “It’s very important to be agile, to be focused on execution… We don’t know all the answers but we keep going forward.”
THE LEADERSHIP PLAYBOOK

‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis

2026-06-18T17:00:00.000Z
Refiners are trying to bring supply to market ahead of a full reopening of Hormuz, which may tank prices, traders says.

Asian refiners brace for surge in Persian Gulf oil after US-Iran ceasefire agreement

2026-06-18T11:31:46.000Z
Hengli is now the world’s largest producer of purified terephthalic acid, used in making synthetic fibres.

Hengli, China’s silk-to-petrochemicals empire, faces the chill of US sanctions

2026-05-22T03:50:14.000Z