Airbus and Cathay Form Co-investment Partnership for Scaling Sustainable Aviation Fuel Adoption
Airbus and the Cathay Group have announced a joint investment of up to US$70 million to accelerate the development of sustainable aviation fuel (SAF) production in Asia and globally. 21 October 2025 – Airbus and the Cathay Group have announced a joint investment of up to US$70 million to accelerate the development of sustainable aviation fuel […]
First Refinery in Thailand to Pioneer “Carbon Capture” Bangchak Partners with BIG to Build on Carbon Utilization Collaboration with AIT and Mitico Turning CO₂ from Waste into Resources
On October 7, 2025, Bangchak Corporation Public Company Limited held a signing ceremony for a Memorandum of Understanding (MoU) with BIG to study the feasibility of utilizing carbon dioxide (CO₂ Utilization). The collaboration aims to explore ways to convert captured CO₂ into valuable resources, marking the continuation of Bangchak’s partnership with the Asian Institute of […]
From Profit to Resilience- Today’s Priorities for Tomorrow’s Energy Transition
Refining and petrochemical companies are fighting on multiple fronts: low margins, volatile markets, aging assets, and the mounting pressure of the energy transition. For many, survival means making short-term fixes that only erode long-term competitiveness. However, a different approach is possible. By shifting from defensive cost-cutting to proactive margin optimisation, operators can unlock hidden value […]
How Thailand’s Downstream Sector is Leading ASEAN’s Energy Transition
Thailand’s downstream oil and petrochemical industries face a critical crossroad: to decarbonise and meet the country’s ambitious goals of carbon neutrality by 2050 and net-zero emissions by 2065. This transition is complex, driven by both domestic policy and international market pressures. In this article, Dr. Ruengsak Thitiratsakul, Advisor of Petroleum and Energy Institute of Thailand […]
PETRONAS Delivers Malaysia’s First Locally Blended SAF, Marking Breakthrough in Aviation Decarbonisation
12 September 2025 – PETRONAS has successfully delivered Malaysia’s first blended Sustainable Aviation Fuel (SAF) to KL International Airport (KLIA) for the Malaysia Aviation Group (MAG), establishing PETRONAS’ in-house capability and readiness to provide continuous, scalable supply in Malaysia. Locally blended at PETRONAS’ blending facilities, the International Sustainability & Carbon Certification (ISCC)-certified SAF, which meets CORSIA-eligible fuel requirements, […]
Capturing Margins Through Timely and Accurate Crude Evaluations
Refineries today operate in a landscape marked by unprecedented volatility in crude oil markets, driven by geopolitical instability, evolving feedstock profiles, and tightening environmental regulations. In this environment, traditional, siloed approaches to crude evaluation—relying on static assay libraries and manual spreadsheets—are inadequate. This paper presents a structured, fit-for-purpose crude evaluation framework that integrates techno-economic modeling, […]
PETRONAS and PETROS Case Adjourned, Parties Exploring Collaborative Approach
Kuching, 25 August 2025 – PETRONAS and Petroleum Sarawak Berhad (PETROS) today informed the High Court in Kuching that the parties jointly request for the hearing to be adjourned for one month. The adjournment was granted to allow the ongoing negotiations between the parties to continue. The parties are still involved in discussions with an aim […]
Aerogel Insulation: A Strategic Asset for Global Refiners Facing Margin Pressures
The global refining industry is at a turning point. With tightening margins, volatile feedstock costs, rising operational expenditures, and fluctuating demand patterns, refiners are under pressure to unlock new sources of profitability. In this evolving landscape, many operators are reevaluating long-standing assumptions around cost management and operational efficiency. One often-overlooked lever that’s now gaining attention […]
IPC Concludes Memorandum of Understanding for Development of Biomethane Production-Collaborating with Malaysia’s MTCO to Address Challenges in the Palm Industry
IHI Group company, IHI Plant Services Corporation (Location: Koto-ku, Tokyo, President: Ryoji Aoki; “IPC”) and MTC OREC SDN. BHD. (Location: Selangor, Malaysia; CEO: Dr. Zahari Mohamad; “MTCO”) who is biogas-related engineering company in Malaysia have signed memorandum of understanding (“MOU”) in Expo 2025 Osaka, Kansai, Japan. The MOU encompasses a co-development of Biomethane production utilizing […]
Aramco Plans to Enter Philippines Retail Market With Agreement to Acquire 25% Stake in Unioil
Aramco, one of the world’s leading integrated energy and chemicals companies, today signed definitive agreements to acquire a 25% equity stake in Unioil Petroleum Philippines, one of the largest petroleum companies in the Philippines.