http://www.hydrocarbonprocessing.com Hydrocarbon Processing Fire extinguished at Monroe Energy's Trainer refinery in Pennsylvania (U.S.) http://hydrocarbonprocessing.com/news/2026/06/fire-extinguished-at-monroe-energys-trainer-refinery-in-pennsylvania-us/ An employee sustained non-life threatening injuries and was transported offsite for medical treatment. JERA signs time charter agreements with NYK and MOL for fuel ammonia carriers http://hydrocarbonprocessing.com/news/2026/06/jera-signs-time-charter-agreements-with-nyk-and-mol-for-fuel-ammonia-carriers/ JERA has entered into time charter agreements with NYK Bulkship (Asia) Pte. Ltd (NYK) and Mitsui O.S.K. Lines, Ltd. (MOL), under which each company will provide two fuel ammonia carriers, for a total of four vessels. Sky Quarry announces Foreland refinery's entrance into the production phase http://hydrocarbonprocessing.com/news/2026/06/sky-quarry-announces-foreland-refinerys-entrance-into-the-production-phase/ Ineos to shut polystyrene facility in Illinois (U.S.) by the end of the year http://hydrocarbonprocessing.com/news/2026/06/ineos-to-shut-polystyrene-facility-in-illinois-us-by-the-end-of-the-year/ EIA: U.S. crude inventories decline for tenth week to over 40-yr low http://hydrocarbonprocessing.com/news/2026/06/eia-us-crude-inventories-decline-for-tenth-week-to-over-40-yr-low/ The total stocks, including those from the strategic petroleum reserve, have fallen by 96.25 million barrels since the start of the Iran war, as countries around the globe have called on U.S. oil and products to fill supply gaps. Opinion: Is the Iran war just an energy shock—or a turning point? http://hydrocarbonprocessing.com/news/2026/06/opinion-is-the-iran-war-just-an-energy-shock-or-a-turning-point/ At least 1 billion barrels of crude oil and refined products have been lost from Middle East producers such as Iraq, Kuwait, the United Arab Emirates and Iran itself. As much as 20% of global liquefied natural gas supply is also trapped in the narrow waterway between Iran and Oman. U.S. refiners can still absorb more Venezuelan oil, Energy Secretary Wright says http://hydrocarbonprocessing.com/news/2026/06/us-refiners-can-still-absorb-more-venezuelan-oil-energy-secretary-wright-says/ Venezuela is sending about half of its total exports of 1.25 MMbpd to the U.S., with the remaining volumes going mainly to India and Europe. U.S. summer driving season hits as gasoline supplies squeezed tight http://hydrocarbonprocessing.com/news/2026/06/us-summer-driving-season-hits-as-gasoline-supplies-squeezed-tight/ Surging summer demand from American motorists has not stopped U.S. refiners from increasingly prioritizing lucrative diesel and jet fuel production to backfill global shortages caused by shipping disruptions at the Strait of Hormuz. U.S. sanctions Cuban state oil company, adding obstacles for fuel imports http://hydrocarbonprocessing.com/news/2026/06/us-sanctions-cuban-state-oil-company-adding-obstacles-for-fuel-imports/ Washington has imposed sanctions on an array of Cuban entities and people, including the island nation's president, as it seeks to intensify pressure on Cuba's communist leaders. Gulf Coast Midstream selects Audubon for FEED on Nash Energy Storage Hub http://hydrocarbonprocessing.com/news/2026/06/gulf-coast-midstream-selects-audubon-for-feed-on-nash-energy-storage-hub/ Audubon Companies has been selected by Gulf Coast Midstream Partners (GCMP) to provide front-end engineering and design (FEED) for the Nash Energy Storage Hub.