http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://hydrocarbonprocessing.com/news/2026/03/evonik-expands-distribution-partnership-with-imcd-for-visiomer-specialty-methacrylates-in-the-us/ http://hydrocarbonprocessing.com/news/2026/03/rwe-to-invest-17-b-in-the-us-to-power-data-centers/ http://hydrocarbonprocessing.com/news/2026/03/petrobras-refineries-operating-at-97-of-capacity/ http://hydrocarbonprocessing.com/news/2026/03/abb-open-to-pursuing-more-than-one-multi-billion-dollar-acquisition-this-year/ http://hydrocarbonprocessing.com/news/2026/03/usw-rejects-bps-final-offer-to-whiting-refinery-us-workers/ 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/usw-members-vote-to-reject-bps-final-offer-to-whiting-refinery-workers/ The U.S. United SteelWorkers (USW) union members voted on Thursday to overwhelmingly reject what energy giant bp called its "last, best, and final" contract proposal to those working at its Whiting refinery in Indiana (U.S.). 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.