http://www.hydrocarbonprocessing.com Hydrocarbon Processing Asia exports of refined fuels plunge amid Hormuz closure http://hydrocarbonprocessing.com/news/2026/05/asia-exports-of-refined-fuels-plunge-amid-hormuz-closure/ Exports of refined products such as jet fuel, diesel and gasoline fell to multi-year lows in Asia, the top energy consuming region and destination for about 80% of pre-war cargoes through the Strait of Hormuz. Meghna PVC partners with Jotun to manage corrosion maintenance http://hydrocarbonprocessing.com/news/2026/05/meghna-pvc-partners-with-jotun-to-manage-corrosion-maintenance/ Vietnam's largest refinery plans crude tenders, has supplies through June http://hydrocarbonprocessing.com/news/2026/05/vietnams-largest-refinery-plans-crude-tenders-has-supplies-through-june/ India's Reliance to shut some units at 660,000-bpd refinery http://hydrocarbonprocessing.com/news/2026/05/indias-reliance-to-shut-some-units-at-660-000-bpd-refinery/ China asks banks to pause new loans to US-sanctioned refiners http://hydrocarbonprocessing.com/news/2026/05/china-asks-banks-to-pause-new-loans-to-us-sanctioned-refiners/ Australia commits $7 B to boost fuel stockpiles, create government reserve http://hydrocarbonprocessing.com/news/2026/05/australia-commits-7-b-to-boost-fuel-stockpiles-create-government-reserve/ The expanded stockpiles and reserve of around 1 B liters (264 MMgal) will ensure Australia holds at least 50 days of fuel onshore to shield the country from future supply shocks. Equinor: Iran war lifts Asia-Pacific interest for Norwegian petroleum products, LNG http://hydrocarbonprocessing.com/news/2026/05/equinor-iran-war-lifts-asia-pacific-interest-for-norwegian-petroleum-products-lng/ The conflict has effectively closed the Strait of Hormuz, a choke point for energy exports from producers in the Gulf, especially affecting clients in Asia. Hong Kong-Dongguan to build SAF supply chain with new biofuels firm Ecoceres facility http://hydrocarbonprocessing.com/news/2026/05/hong-kong-dongguan-to-build-saf-supply-chain-with-new-biofuels-firm-ecoceres-facility/ Australia's Viva Energy expects to restart Geelong refinery units in June http://hydrocarbonprocessing.com/news/2026/05/australias-viva-energy-expects-to-restart-geelong-refinery-units-in-june/ China's Commerce Ministry blocks U.S. sanctions against five refineries http://hydrocarbonprocessing.com/news/2026/05/chinas-commerce-ministry-blocks-us-sanctions-against-five-refineries/