http://www.hydrocarbonprocessing.com Hydrocarbon Processing Azerbaijan's State Oil Company redirects supplies of jet fuel from STAR refinery to Turkish domestic market http://hydrocarbonprocessing.com/news/2026/05/azerbaijans-state-oil-company-redirects-supplies-of-jet-fuel-from-star-refinery-to-turkish-domestic-market/ SOCAR Turkiye Enerji (the Turkish subsidiary of the State Oil Company of the Azerbaijani Republic, SOCAR) has been fully directing the jet fuel produced at the STAR refinery to the Turkish domestic market in recent months amid the global energy crisis and tensions around the Strait of Hormuz. Hungry to sell, UAE slips hidden oil tankers through Strait of Hormuz http://hydrocarbonprocessing.com/news/2026/05/hungry-to-sell-uae-slips-hidden-oil-tankers-through-strait-of-hormuz/ The volumes are a fraction of the UAE's typical exports before the U.S.-Israeli war on Iran but they demonstrate the risks the producer and buyers are willing to take to free up oil sales. 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. Asia exports of refined fuels plunge amid Hormuz closure http://hydrocarbonprocessing.com/news/2026/05/asia-exports-of-refined-fuels-plunge-amid-hormuz-closure/ Exports of refined products such as jet fuel, diesel and gasoline fell to multi-year lows in Asia, the top energy consuming region and destination for about 80% of pre-war cargoes through the Strait of Hormuz. Libya's Zawiya oil refinery shut due to nearby clashes http://hydrocarbonprocessing.com/news/2026/05/libyas-zawiya-oil-refinery-shut-due-to-nearby-clashes/ Operator Azzawiya Oil Refining Company said it was forced to shut the plant completely and evacuate all tankers from the port after heavy shelling linked to the clashes struck multiple locations inside the facility. Meghna PVC partners with Jotun to manage corrosion maintenance http://hydrocarbonprocessing.com/news/2026/05/meghna-pvc-partners-with-jotun-to-manage-corrosion-maintenance/ Bayer and bp form strategic alliance to jointly scale camelina as intermediate crop for biofuels http://hydrocarbonprocessing.com/news/2026/05/bayer-and-bp-form-strategic-alliance-to-jointly-scale-camelina-as-intermediate-crop-for-biofuels/ TA’ZIZ announces $2 B in financing for UAE’s first world-scale methanol plant http://hydrocarbonprocessing.com/news/2026/05/ta-ziz-announces-2-b-in-financing-for-uae-s-first-world-scale-methanol-plant/ PepsiCo and TalusAg Renewables announce low-carbon ammonia attribute agreement to help accelerate fertilizer decarbonization http://hydrocarbonprocessing.com/news/2026/05/pepsico-and-talusag-renewables-announce-low-carbon-ammonia-attribute-agreement-to-help-accelerate-fertilizer-decarbonization/ PepsiCo has announced a new collaboration with agriculture technology company, TalusAg, that aims to advance fertilizer decarbonization across global agricultural supply chains through low-carbon ammonia environmental attributes, marking PepsiCo’s first executed transactions of this kind. Topsoe and BioVeritas sign agreement to accelerate second-generation renewable fuels production http://hydrocarbonprocessing.com/news/2026/05/topsoe-and-bioveritas-sign-agreement-to-accelerate-second-generation-renewable-fuels-production/