http://www.hydrocarbonprocessing.com Hydrocarbon Processing Seven markets to track if peace breaks out in the Middle East http://hydrocarbonprocessing.com/news/2026/05/seven-markets-to-track-if-peace-breaks-out-in-the-middle-east/ Here are key charts - across crude, products, shipping, gas, industrial commodities and equities - to gauge whether markets are pricing a temporary easing of tensions or a structural shift in global supply and demand if a peace deal emerges. Equinor: Iran war lifts Asia-Pacific interest for Norwegian petroleum products, LNG http://hydrocarbonprocessing.com/news/2026/05/equinor-iran-war-lifts-asia-pacific-interest-for-norwegian-petroleum-products-lng/ The conflict has effectively closed the Strait of Hormuz, a choke point for energy exports from producers in the Gulf, especially affecting clients in Asia. Booming U.S. energy exports draw scrutiny as domestic fuel prices bite http://hydrocarbonprocessing.com/news/2026/05/booming-us-energy-exports-draw-scrutiny-as-domestic-fuel-prices-bite/ U.S. exports of gasoline, diesel, crude oil, LNG, jet fuel and ethane all surged to record highs so far in 2026 as energy firms capitalized on the disruptions to Middle East shipments and catered to urgent orders from customers around the world. Lantern LNG selects Honeywell Process and Automation Technologies to drive 12-MMtpy Matagorda Bay facility http://hydrocarbonprocessing.com/news/2026/04/lantern-lng-selects-honeywell-process-and-automation-technologies-to-drive-12-mmtpy-matagorda-bay-facility/ South Korea, Australia agree to strengthen energy supply chain resilience http://hydrocarbonprocessing.com/news/2026/04/south-korea-australia-agree-to-strengthen-energy-supply-chain-resilience/ South Korea is a key energy partner of Australia as the largest supplier of diesel and third-largest source of jet fuel, Wong said. Australia is South Korea's largest source of liquefied natural gas (LNG). Sinopec refinery utilization drops, but chemical exports rise due to Iran war http://hydrocarbonprocessing.com/news/2026/04/sinopec-refinery-utilization-drops-but-chemical-exports-rise-due-to-iran-war/ Sinopec, the world's biggest refiner by capacity, cut refinery utilization rates between January and March by 7.6% on an annualized basis to average at around 83%. Burckhardt Compression wins several orders for LNG terminals in Thailand and Taiwan http://hydrocarbonprocessing.com/news/2026/04/burckhardt-compression-wins-several-orders-for-lng-terminals-in-thailand-and-taiwan/ Across the two terminals, the orders comprise a total of eight Laby® compressor units for boil-off gas (BOG) services and one for minimum send-of service, supporting safe, efficient and low-emissions LNG handling in the region. Shell to acquire Canada's ARC in output-boosting $16.4-B deal http://hydrocarbonprocessing.com/news/2026/04/shell-to-acquire-canadas-arc-in-output-boosting-164-b-deal/ ARC's production lies near Shell's existing Canadian fields which feed into the LNG Canada plant, in which Shell holds a 40% share and whose liquefied natural gas can reach Asian buyers more quickly than most other North American LNG. Energy services group Saipem ‘well positioned’ to win Iran war repair contracts http://hydrocarbonprocessing.com/news/2026/04/energy-services-group-saipem-well-positioned-to-win-iran-war-repair-contracts/ The cost of repairing damage resulting from the war and restoring energy-linked infrastructure could hit $58 B, Rystad Energy said in a recent report, with oil and gas facilities alone facing a potential bill of $50 B. What's in the EU's 20th package of sanctions against Russia? http://hydrocarbonprocessing.com/news/2026/04/whats-in-the-eus-20th-package-of-sanctions-against-russia/ The EU had initially aimed to adopt the package to mark the fourth anniversary of Russia's full-scale invasion of Ukraine on February 24.