http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://hydrocarbonprocessing.com/news/2026/04/nigerian-airlines-threaten-to-halt-flights-over-soaring-jet-fuel-prices/ http://hydrocarbonprocessing.com/news/2026/04/eu-working-on-jet-fuel-plan-as-iran-crisis-threatens-air-travel/ http://hydrocarbonprocessing.com/news/2026/04/japan-refiners-run-at-two-thirds-capacity-awaiting-crude-from-outside-the-gulf/ http://hydrocarbonprocessing.com/news/2026/04/eu-warns-of-prolonged-energy-shock-forced-cuts-if-iran-war-continues/ Europe has not yet faced supply shortages, but is grappling with soaring oil and gas prices and airports have warned the first jet fuel shortages could hit within weeks. http://hydrocarbonprocessing.com/news/2026/04/europes-summer-flights-at-risk-as-iran-war-exposes-refining-decline/ Europe’s oil and gas industry has shrunk dramatically over the past 25 years: North Sea production has dwindled and more than 30 refineries - 16% of refining capacity - have been shuttered across the continent. http://hydrocarbonprocessing.com/news/2026/04/slovak-refiner-says-no-deal-yet-on-adria-pipeline-tests/ The pipeline from Croatia is an alternative oil route to Slovakia and Hungary, and its importance has grown with the Druzhba pipeline - which carries Russian crude and runs through Ukraine - out of operation since the end of January. http://hydrocarbonprocessing.com/news/2026/04/japans-weekly-gasoline-prices-largely-flat-as-subsidies-offset-price-spikes/ Japan began to partially release oil stockpiles from March 16 and has also rolled out subsidies to compensate for rising product prices which spiked to all-time highs in mid-March following the U.S.-Israeli war with Iran. http://hydrocarbonprocessing.com/news/2026/04/bps-new-ceo-to-simplify-company-structure-into-upstream-downstream-units/ http://hydrocarbonprocessing.com/news/2026/04/iea-ready-to-further-tap-global-oil-reserves-if-needed-chief-says/ The 32-member IEA agreed last month to release 400 million barrels of oil from reserves, the largest-ever coordinated release, in a bid to calm oil markets. The U.S., the world's largest oil and gas producer, agreed to release 172 million barrels from its Strategic Petroleum Reserve. http://hydrocarbonprocessing.com/news/2026/04/russia-s-rosneft-diverts-oil-to-tuapse-refinery-from-drone-hit-novorossiysk-port/ A Ukrainian drone attack sparked a large fire at the Sheskharis oil terminal in the Novorossiysk port last week, damaging two of its main berths and forcing oil exports from the port to halt.