http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://hydrocarbonprocessing.com/news/2026/03/equinor-has-no-spare-oil-and-gas-capacity-ceo-says/ The U.S.-Israeli attacks on Iran and the latter's retaliatory strikes across the Middle East have disrupted around a fifth of global oil and liquefied natural gas supply along the Strait of Hormuz, a key chokepoint for Gulf state exports. http://hydrocarbonprocessing.com/news/2026/03/top-global-refiner-sinopec-to-cut-crude-runs-by-over-10-on-mideast-supply-squeeze/ The cuts by state-owned Sinopec, which accounts for a third of China's refinery output, are part of Beijing's widening measures to curb oil supply disruptions due to Iran's blockage of the Strait of Hormuz, a conduit for 20% of the world's oil. http://hydrocarbonprocessing.com/news/2026/03/japan-to-consider-whether-to-buy-russian-crude-following-us-sanctions-waiver/ The U.S. waiver allows countries to buy sanctioned Russian oil and petroleum products currently stranded at sea, in what Treasury Secretary Scott Bessent said was a step to stabilize global energy markets, which have been roiled by the Iran war. http://hydrocarbonprocessing.com/news/2026/03/australia-releases-petrol-and-diesel-from-emergency-reserves/ Energy Minister Chris Bowen said the move to allow the release of up to 20% of the baseline minimum stockholding obligation is equivalent to up to 762 MM liters (l) of petrol and diesel. http://hydrocarbonprocessing.com/news/2026/03/southern-energy-renewables-announce-14-b-methanol-and-saf-complex-in-louisiana/ http://hydrocarbonprocessing.com/news/2026/03/clariant-successfully-demonstrates-advanced-pyrolysis-oil-upgrading-technology-for-circular-plastics-with-borealis-and-sintef/ http://hydrocarbonprocessing.com/news/2026/03/middle-east-conflict-could-force-up-to-6-mmbpd-crude-run-cuts-across-asia/ http://hydrocarbonprocessing.com/news/2026/03/iraq-asks-krg-to-help-pipe-crude-oil-to-turkey/ The Kurdistan Pipeline Company operates Iraqi Kurdistan's main oil pipeline, which transports crude from northern Iraq to a border connection point with the Iraq–Turkey pipeline. http://hydrocarbonprocessing.com/news/2026/03/iea-announces-record-release-of-strategic-stocks-in-response-to-iran-war-oil-price-surge/ The IEA said the release had been backed unanimously by 32 member countries, the sixth such move it has made since its creation in the 1970s. http://hydrocarbonprocessing.com/news/2026/03/ina-completes-rijeka-refinery-upgrade-project-in-croatia/