http://www.hydrocarbonprocessing.com Hydrocarbon Processing Aramco’s gas strategy builds momentum with major progress towards growth target http://hydrocarbonprocessing.com/news/2026/02/aramco-s-gas-strategy-builds-momentum-with-major-progress-towards-growth-target/ Carbon Direct and C2X announce collaboration on pioneering forestry residue-to-biofuel project http://hydrocarbonprocessing.com/news/2026/02/carbon-direct-and-c2x-announce-collaboration-on-pioneering-forestry-residue-to-biofuel-project/ Asia's ethanol targets and recent developments http://hydrocarbonprocessing.com/news/2026/02/asias-ethanol-targets-and-recent-developments/ More countries in the Asia-Pacific region are adopting ethanol blending with gasoline as they try to cut reliance on imported fuel and achieve carbon emission targets. Eni can now receive oil from Venezuela as payment for gas, CEO says http://hydrocarbonprocessing.com/news/2026/02/eni-can-now-receive-oil-from-venezuela-as-payment-for-gas-ceo-says/ Chief Executive Claudio Descalzi, who confirmed that Venezuela owes the Italian group around $3 B, was referring to natural gas from the Perla offshore field, the only active offshore gas project in Venezuela, which is operated by Eni and Spain's Repsol. Trump EPA to shift at least half of waived biofuel obligations to big refiners http://hydrocarbonprocessing.com/news/2026/02/trump-epa-to-shift-at-least-half-of-waived-biofuel-obligations-to-big-refiners/ The decision could be unwelcome news for larger oil refiners that have argued that additional blending obligations would raise their costs. But it could help the biofuel industry by boosting demand for blending credits. Angola's state oil firm Sonangol seeks $4.8-B loan from China for refinery http://hydrocarbonprocessing.com/news/2026/02/angolas-state-oil-firm-sonangol-seeks-48-b-loan-from-china-for-refinery/ The financing, if completed, will mark the first borrowing by the Southern African oil producer from China since 2017, when it opted to reduce its exposure to resource-backed loans. EIA: U.S. crude inventories rise the most in 3 yrs as refinery demand slips, imports increase http://hydrocarbonprocessing.com/news/2026/02/eia-us-crude-inventories-rise-the-most-in-3-yrs-as-refinery-demand-slips-imports-increase/ U.S. crude inventories rose by the most last week since February 2023, as refinery utilization slowed and imports increased, the U.S. Energy Information Administration (EIA) said. Hungary's Orban asks EU to go verify Druzhba pipeline damage http://hydrocarbonprocessing.com/news/2026/02/hungarys-orban-asks-eu-to-go-verify-druzhba-pipeline-damage/ Hungary this week blocked new sanctions on Russia and the loan to Ukraine, in response to the stoppage of oil flows through Druzhba. South Korea approves nearly $1.4-B petrochemical restructuring deal as supply glut weighs http://hydrocarbonprocessing.com/news/2026/02/south-korea-approves-nearly-14-b-petrochemical-restructuring-deal-as-supply-glut-weighs/ Romanian largest refinery to shut down in March for scheduled turnaround http://hydrocarbonprocessing.com/news/2026/02/romanian-largest-refinery-to-shut-down-in-march-for-scheduled-turnaround/