http://www.hydrocarbonprocessing.com Hydrocarbon Processing ADNOC, XRG and Mitsui sign SCA to explore growth opportunities across the energy value chain http://hydrocarbonprocessing.com/news/2026/07/adnoc-xrg-and-mitsui-sign-sca-to-explore-growth-opportunities-across-the-energy-value-chain/ Saudi Arabia considers expansion of oil pipeline to Red Sea http://hydrocarbonprocessing.com/news/2026/07/saudi-arabia-considers-expansion-of-oil-pipeline-to-red-sea/ Kyrgyzstan expects fuel from China, Belarus to offset Russian supply crunch http://hydrocarbonprocessing.com/news/2026/07/kyrgyzstan-expects-fuel-from-china-belarus-to-offset-russian-supply-crunch/ Ukraine attacks on Russian energy sites: What has been hit? http://hydrocarbonprocessing.com/news/2026/07/ukraine-attacks-on-russian-energy-sites-what-has-been-hit/ The drone attacks are worsening fuel shortages in Russia, where people have reported rising prices and long queues at the filling stations across most regions. OPEC+ to boost crude output, but can it deliver and who will buy? http://hydrocarbonprocessing.com/news/2026/07/opecplus-to-boost-crude-output-but-can-it-deliver-and-who-will-buy/ The seven core members of OPEC+, which groups together OPEC and allied producers such as Russia, agreed at a meeting on Sunday to lift quotas by 188,000 barrels per day from August, taking the total increase to almost 800,000 bpd since April. World absorbs historic Iran war oil supply loss, but depleted stocks bring risks http://hydrocarbonprocessing.com/news/2026/07/world-absorbs-historic-iran-war-oil-supply-loss-but-depleted-stocks-bring-risks/ Tehran's throttling of the Strait of Hormuz in response to the U.S. and Israeli attacks launched on February 28 fed fears of a catastrophic global energy crunch. Chinese independent refiners snap up discounted Mideast oil as supplies rise http://hydrocarbonprocessing.com/news/2026/07/chinese-independent-refiners-snap-up-discounted-mideast-oil-as-supplies-rise/ Gulf oil exports are gushing into Asia as producers ramp up output and exports through the Strait of Hormuz following the interim peace deal between the U.S. and Iran, depressing oil prices globally. India refiner Nayara's gasoline sold to Russia via traders http://hydrocarbonprocessing.com/news/2026/07/india-refiner-nayaras-gasoline-sold-to-russia-via-traders/ Indian Oil Minister Hardeep Singh Puri said that Indian companies were not selling fuel to Russia but it was "possible" that Russia purchased Indian-origin fuel from traders. U.S.-Iran war still trails the 1979 oil shock by total losses http://hydrocarbonprocessing.com/news/2026/07/us-iran-war-still-trails-the-1979-oil-shock-by-total-losses/ Unlike previous crises, the Iran war has simultaneously disrupted crude oil, natural gas, refined fuels and fertilizer supplies, exposing vulnerabilities created by decades of rising energy demand, globalized trade and the Middle East’s growing role as a supplier of finished fuels. Saudi Aramco ramps up exports from Ras Tanura, switches to spot sales http://hydrocarbonprocessing.com/news/2026/07/saudi-aramco-ramps-up-exports-from-ras-tanura-switches-to-spot-sales/ Saudi Aramco resumed loadings from Ras Tanura, the world's largest oil port, on Friday after a halt of nearly four months.