http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://hydrocarbonprocessing.com/news/2024/12/indian-oil-to-invest-7-b-in-naphtha-cracker-project/ Indian Oil Corp. (IOC) will invest 610 B rupees ($7 B) to establish a naphtha cracker project in Paradip in the eastern state of Odisha. http://hydrocarbonprocessing.com/news/2024/12/nigerias-dangote-refinery-hits-85-refining-capacity/ Nigeria's Dangote Refinery is now operating at 85% capacity and is on course to deliver European-standard products by January, an executive said on Friday. http://hydrocarbonprocessing.com/news/2024/12/vitol-agrees-to-acquire-6684-of-plastics-recycling-company-wpu/ Vitol B.V. has entered into a conditional agreement to acquire a controlling interest in Waste Plastic Upcycling A/S (WPU). On completion, which is subject to certain conditions precedent, Vitol will own 90.36% of the share capital of WPU. http://hydrocarbonprocessing.com/news/2024/12/novatek-naphtha-exports-from-ust-luga-hit-record-530-000-t-in-nov/ Russia's Novatek increased naphtha exports from its Ust-Luga complex in the Baltic Sea to a record high 530,000 tonnes in November. http://hydrocarbonprocessing.com/news/2024/12/us-deepens-sanctions-on-irans-shadow-oil-fleet/ The Biden administration on Tuesday ramped up sanctions on Iran, targeting 35 entities and vessels it said carried illicit Iranian petroleum to foreign markets as part of what the U.S. Treasury Department called Tehran's "shadow fleet." http://hydrocarbonprocessing.com/news/2024/12/venezuelas-oil-fuel-exports-approach-1-mmbpd-fueled-by-sales-to-asia/ Venezuela's oil exports jumped last month on higher sales to its mainstay Asia customers, and approached 1 MMbpd, a level not seen since early 2020. http://hydrocarbonprocessing.com/news/2024/11/traders-using-sts-transfers-near-senegal-to-export-russian-naphtha-to-brazil/ Traders are using ship-to-ship loadings near the Senegalese port of Dakar to handle Russian naphtha exports to Brazil. http://hydrocarbonprocessing.com/news/2024/11/asia-naphtha-supply-expected-to-remain-tight-over-next-two-years/ Naphtha is expected to remain in short supply in Asia over the next couple of years as more crackers come online and as demand for blending the fuel with gasoline rises. http://hydrocarbonprocessing.com/news/2024/11/dangote-oil-refinery-can-now-process-winter-diesel-executive-says/ The Dangote Oil Refinery has the capacity to produce winter diesel for the European market, a further indication of its potential to disrupt the global refining market. http://hydrocarbonprocessing.com/news/2024/11/russias-novatek-may-raise-naphtha-exports-to-600-000-tmonth-from-ust-luga/ Russian energy company Novatek may boost exports of naphtha from its Ust-Luga complex on the Baltic Sea to up to 600,000 tons (t) a month after maintenance and thanks to a new processing unit.