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/2012/10/bp-nears-deal-to-sell-stake-in-tnk-bp-crude-venture-to-russias-rosneft/ TNK-BP has been one of BP's best investments, returning $19 billion in dividends on the roughly $8 billion paid for its 50% stake in 2003. The venture accounts for nearly a quarter of BP's reserves and production. But tensions with AAR over strategy and governance have plagued the venture for years. http://hydrocarbonprocessing.com/news/2012/10/murphy-oil-to-spin-off-us-downstream-business/ Murphy Oil on Tuesday said it expects to complete the spinoff of Murphy USA in 2013. Murphy USA’s business will consist of retail marketing of petroleum products, a chain of retail gasoline stations, seven product distribution terminals and two ethanol production facilities in North Dakota and Texas. http://hydrocarbonprocessing.com/news/2012/10/canada-seeks-more-energy-exports-to-india-less-dependence-on-us/ Canada's search for alternative destinations, including India, China and Japan, for its trove of hydrocarbon resources coincides with India seeking stable supplies of oil and gas to augment its own, relatively limited, energy resources, which currently satisfy less than a quarter of its requirement. http://hydrocarbonprocessing.com/news/2012/10/opec-lowers-global-oil-demand-forecasts-for-2012/ Economic growth is mostly set to come from emerging markets, but these countries are reliant on exports to developed economies, which have performed sluggishly this year. Moreover, improvements in the global economy are dependent on the success of government and central-bank action.