http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://hydrocarbonprocessing.com/news/2026/05/booming-us-energy-exports-draw-scrutiny-as-domestic-fuel-prices-bite/ U.S. exports of gasoline, diesel, crude oil, LNG, jet fuel and ethane all surged to record highs so far in 2026 as energy firms capitalized on the disruptions to Middle East shipments and catered to urgent orders from customers around the world. http://hydrocarbonprocessing.com/news/2026/04/lantern-lng-selects-honeywell-process-and-automation-technologies-to-drive-12-mmtpy-matagorda-bay-facility/ http://hydrocarbonprocessing.com/news/2026/04/south-korea-australia-agree-to-strengthen-energy-supply-chain-resilience/ South Korea is a key energy partner of Australia as the largest supplier of diesel and third-largest source of jet fuel, Wong said. Australia is South Korea's largest source of liquefied natural gas (LNG). http://hydrocarbonprocessing.com/news/2026/04/sinopec-refinery-utilization-drops-but-chemical-exports-rise-due-to-iran-war/ Sinopec, the world's biggest refiner by capacity, cut refinery utilization rates between January and March by 7.6% on an annualized basis to average at around 83%. http://hydrocarbonprocessing.com/news/2026/04/burckhardt-compression-wins-several-orders-for-lng-terminals-in-thailand-and-taiwan/ Across the two terminals, the orders comprise a total of eight Laby® compressor units for boil-off gas (BOG) services and one for minimum send-of service, supporting safe, efficient and low-emissions LNG handling in the region. http://hydrocarbonprocessing.com/news/2026/04/shell-to-acquire-canadas-arc-in-output-boosting-164-b-deal/ ARC's production lies near Shell's existing Canadian fields which feed into the LNG Canada plant, in which Shell holds a 40% share and whose liquefied natural gas can reach Asian buyers more quickly than most other North American LNG. http://hydrocarbonprocessing.com/news/2026/04/energy-services-group-saipem-well-positioned-to-win-iran-war-repair-contracts/ The cost of repairing damage resulting from the war and restoring energy-linked infrastructure could hit $58 B, Rystad Energy said in a recent report, with oil and gas facilities alone facing a potential bill of $50 B. http://hydrocarbonprocessing.com/news/2026/04/whats-in-the-eus-20th-package-of-sanctions-against-russia/ The EU had initially aimed to adopt the package to mark the fourth anniversary of Russia's full-scale invasion of Ukraine on February 24. http://hydrocarbonprocessing.com/news/2026/04/europes-response-to-the-iran-war-energy-crunch/ Central to the EU proposals is a focus on reducing reliance on oil and gas, to cushion against future fossil fuel supply disruptions and price spikes. http://hydrocarbonprocessing.com/news/2026/04/eu-warns-of-prolonged-energy-shock-forced-cuts-if-iran-war-continues/ Europe has not yet faced supply shortages, but is grappling with soaring oil and gas prices and airports have warned the first jet fuel shortages could hit within weeks.