http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://hydrocarbonprocessing.com/news/2026/01/key-us-energy-power-trends-at-home-and-on-world-markets/ Overseas, the U.S. is set to cement its position as the largest and most influential exporter of crude oil and natural gas, which continue to underpin a vast majority of global energy systems and generate massive earnings for the U.S. Treasury. http://hydrocarbonprocessing.com/news/2026/01/indias-nayara-energy-buys-only-russian-oil-in-dec-for-5th-straight-month/ Nayara, part-owned by Russian oil major Rosneft, operates a 400,000-bpd refinery at Vadinar in the state of Gujarat. http://hydrocarbonprocessing.com/news/2026/01/chinese-refiners-2025-oil-imports-december-inflows-both-hit-record-highs/ http://hydrocarbonprocessing.com/news/2026/01/bp-flags-up-to-5-b-in-low-carbon-energy-impairments-redirects-spending-to-oil-and-gas/ http://hydrocarbonprocessing.com/news/2026/01/opinion-win-or-lose-trump-s-fossil-fuel-gamble-crowns-china-the-clean-energy-king/ Beijing’s latest five‑year plan underscores its drive for self‑reliance in energy, critical minerals, and advanced technologies such as semiconductors and artificial intelligence. http://hydrocarbonprocessing.com/news/2026/01/the-corridor-to-the-future-runs-through-the-uae-abu-dhabi-powering-the-ai-era-with-molecules-gigawatts-and-partnership/ http://hydrocarbonprocessing.com/news/2026/01/chinas-heavy-reliance-on-iranian-oil-imports/ Beijing, which is also the biggest buyer of oil from Venezuela and a top importer of oil from Russia, has used purchases from the three countries facing various Western sanctions to save billions of dollars on its import bill in recent years. http://hydrocarbonprocessing.com/news/2026/01/carlyle-chevron-quantum-partnership-among-frontrunners-for-lukoil-assets/ http://hydrocarbonprocessing.com/news/2026/01/us-refiner-marathon-petroleum-says-it-will-be-bidding-for-venezuelan-crude-oil/ Caracas and Washington reached a deal this week to export up to $2 B worth of Venezuelan crude, some 30 MMbbl–50 MMbbl, to the United States. http://hydrocarbonprocessing.com/news/2026/01/shell-flags-chemicals-and-products-unit-loss-raising-doubts-over-35-b-buyback/