http://www.hydrocarbonprocessing.com Hydrocarbon Processing Not everybody is a loser from the Iran war—just ask Brunei http://hydrocarbonprocessing.com/news/2026/05/not-everybody-is-a-loser-from-the-iran-war-just-ask-brunei/ The focus from the Iran conflict has largely been on the increasing cost the world is having to pay through higher crude oil and natural gas prices resulting from the effective closure of the Strait of Hormuz. TotalEnergies extends fuel price cap in France through June http://hydrocarbonprocessing.com/news/2026/05/totalenergies-extends-fuel-price-cap-in-france-through-june/ India ethanol push drives big rise in land farmed to make fuel http://hydrocarbonprocessing.com/news/2026/05/india-ethanol-push-drives-big-rise-in-land-farmed-to-make-fuel/ India depends on imports for some 85% of its oil, so using more ethanol, made from crops such as sugarcane, rice and maize, is central to its plans to boost its energy security and reduce planet-heating emissions. Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilities http://hydrocarbonprocessing.com/news/2026/05/pakistan-plans-oil-reserves-storage-push-as-hormuz-constraints-expose-vulnerabilities/ Despite depending on supplies through the Strait of Hormuz for up to 90% of its oil and liquefied natural gas imports, Pakistan has no strategic petroleum reserves. Indian refiners' April crude processing drops 8.9% from a month earlier http://hydrocarbonprocessing.com/news/2026/05/indian-refiners-april-crude-processing-drops-89-from-a-month-earlier/ India is the world's third-biggest oil importer and consumer. Aramco and PETRONAS Announce Transfer of Full Ownership of PRefChem to PETRONAS http://hydrocarbonprocessing.com/news/2026/05/aramco-and-petronas-announce-transfer-of-full-ownership-of-prefchem-to-petronas/ Sri Lanka in talks to buy fuel from China and Russia http://hydrocarbonprocessing.com/news/2026/05/sri-lanka-in-talks-to-buy-fuel-from-china-and-russia/ Sri Lanka, which imports all of its fuel, has been hit hard by energy market fallout from the Iran war, pushing authorities to hike fuel prices by 40%, ration fuel sales, and declare Wednesdays as public holidays. Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries http://hydrocarbonprocessing.com/news/2026/05/plains-oil-pipeline-partly-shut-down-after-rupture-in-east-los-angeles-us-could-disrupt-supplies-to-refineries/ Vitol moves to open Mexico fuel terminal years after bribery scandal http://hydrocarbonprocessing.com/news/2026/05/vitol-moves-to-open-mexico-fuel-terminal-years-after-bribery-scandal/ Vietnam imports more fuel to offset oil shortfall amid Iran war http://hydrocarbonprocessing.com/news/2026/05/vietnam-imports-more-fuel-to-offset-oil-shortfall-amid-iran-war/