http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://hydrocarbonprocessing.com/news/2026/03/the-shipping-corporation-of-india-and-mazagon-dock-shipbuilders-sign-contract-for-methanol-dual-fuel-platform-supply-vessel/ The Shipping Corporation of India Ltd. has signed a Shipbuilding contract at New Delhi with Mazagon Dock Shipbuilders Ltd for construction and delivery of one number methanol dual fuel platform supply vessel (PSV). http://hydrocarbonprocessing.com/news/2026/03/vietnam-accelerates-shift-to-ethanol-fuel-as-iran-war-drives-up-energy-prices/ Fuel prices in Vietnam have surged since the U.S.-Israel war on Iran began three weeks ago, with gasoline prices up 50% and diesel prices rising 70%, http://hydrocarbonprocessing.com/news/2026/03/india-s-reliance-buys-about-155-000-bpd-russian-oil-after-pause/ The private refiner's overall imports in February rose marginally from last year to 1.37 MMbpd. http://hydrocarbonprocessing.com/news/2026/03/chinas-sinochem-cuts-refinery-runs-seeks-prompt-delivery-crude/ Sinochem has also been trying to buy spot cargoes from bonded storage for prompt delivery to cover its "immediate" requirements for the 300,000-bpd Quanzhou plant. http://hydrocarbonprocessing.com/news/2026/03/sumitomo-corporation-k-line-and-nyk-line-conclude-mou-for-new-build-ammonia-bunkering-vessel-operation-in-singapore/ Sumitomo Corporation, Kawasaki Kisen Kaisha and NYK Bulkship (Asia) Pte. Ltd. (NYK Line) have entered into a MoU to jointly conduct a FEED study and explore the ownership of a new-build ammonia bunkering vessel for application in Singapore. http://hydrocarbonprocessing.com/news/2026/03/chinas-fuel-export-ban-to-further-tighten-asia-supply/ http://hydrocarbonprocessing.com/news/2026/03/japanese-refiner-idemitsu-to-invest-500-mm-in-australian-midocean-to-enter-lng-business/ 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.