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Seng Li Peng

Trafigura ships more Asian gasoline to Americas on new tanker

Mar 28 2019

SINGAPORE Commodity trader Trafigura is shipping this month a second newly built crude tanker with Asian gasoline onboard to South America amid strong demand in the West, four industry sources who closely monitor petrol trade flows said on Thursday.

Trafigura shipping about 1 mln barrels of Asian gasoline, blendstocks to S.America -source

Mar 12 2019

* Crude tanker transporting Asian gasoline to S.America -sources

Asian gasoline gets a lift from demand, refinery maintenance

Feb 27 2019

SINGAPORE Asia's gasoline margins have recently swung back to a premium after mainly being at discounts since the start of 2019 as rising demand from Indonesia and upcoming refinery maintenance raised supply concerns.

Japan's Osaka Gas looks to Southeast Asia for LNG business

Oct 31 2018

SINGAPORE Japan's Osaka Gas Co Ltd is considering expanding its Southeast Asia operations, a top executive said, tapping a region where natural gas demand is booming but domestic reserves are dwindling fast.

Asia gasoline buckles under supplies; crack at over two-year low

Oct 22 2018

SINGAPORE Asia's gasoline margin fell to more than a two-year low late last week due to ample supplies, and the October average is now expected to be the worst for the month since 2013, based on Thomson Reuters data.

China slashes U.S. LPG imports amid trade war

Oct 09 2018

SINGAPORE China has choked back on imports of liquefied petroleum gas (LPG) from the United States, traders and analysts said, turning to the Middle East for extra supplies amid the two countries' trade dispute.

Indonesia's Pertamina backs $100 billion spend to boost oil output

Sep 25 2018

SINGAPORE Indonesia's state-owned energy company, Pertamina [PERT.UL], needs $100 billion (76 billion pounds) over the next 12 years to boost oil output growth, a senior official said on Tuesday.

ENOC's jet fuel storage plans show how Iranian sanctions upending oil market

Sep 21 2018

SINGAPORE Emirates National Oil Company (ENOC) has chartered at least one vessel to store jet fuel to ensure supply to airlines in Dubai as pending U.S. sanctions on Iran have cut off its access to feedstocks for producing the aviation fuel, said several industry sources.

South Korea's Hanwha Total buys U.S., Australian condensate to replace Iran oil

Aug 23 2018

SEOUL/SINGAPORE South Korea's Hanwha Total Petrochemical Co Ltd [SMCHE.UL] has increased imports of condensate from the United States and Australia and is seeking more European cargoes to replace Iranian supplies, two industry sources said on Thursday.

Reliance halts gasoline shipments from Jamnagar site causing fuel margins to spike

Aug 15 2018

SINGAPORE India's Reliance Industries has declared force majeure on gasoline exports from its Jamnagar site, four people familiar with the matter said on Wednesday, causing the profit margin from producing the fuel to jump to its highest since September.

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