http://www.hydrocarbonprocessing.com Hydrocarbon Processing Michelin and Axens enter into discussions to accelerate the deployment of a key bio-based molecule for green chemistry https://hydrocarbonprocessing.com/news/2026/07/michelin-and-axens-enter-into-discussions-to-accelerate-the-deployment-of-a-key-bio-based-molecule-for-green-chemistry/ Airbus and MTU Aero Engines partner to develop/commercialize fully electric hydrogen fuel cell engine https://hydrocarbonprocessing.com/news/2026/07/airbus-and-mtu-aero-engines-partner-to-developcommercialize-fully-electric-hydrogen-fuel-cell-engine/ Digital Feature: Margin left on the table: The hidden cost of supply chain capability gaps in hydrocarbon processing—Part 2 https://hydrocarbonprocessing.com/news/2026/07/digital-feature-margin-left-on-the-table-the-hidden-cost-of-supply-chain-capability-gaps-in-hydrocarbon-processing-part-2/ Svanehoj acquires Henri Systems Holland, enhancing its tank gauging and aftermarket capabilities https://hydrocarbonprocessing.com/news/2025/08/svanehoj-acquires-henri-systems-holland-enhancing-its-tank-gauging-and-aftermarket-capabilities/ Kalfresh partners with global bioenergy technology leader WELTEC BIOPOWER to deliver flagship Queensland project https://hydrocarbonprocessing.com/news/2026/07/kalfresh-partners-with-global-bioenergy-technology-leader-weltec-biopower-to-deliver-flagship-queensland-project/ The Queensland-based vegetable business has signed an agreement with the German company to design and build the first stage of the bioenergy facility, which will anchor the new Scenic Rim Agricultural Industrial Precinct. Emerson releases next-generation portable ultrasonic flowmeters https://hydrocarbonprocessing.com/news/2026/07/emerson-releases-next-generation-portable-ultrasonic-flowmeters/ The 631 series delivers flexible, precise and reliable measurement of liquids, gases and steam in a single platform across a wide range of demanding industrial and municipal applications without interrupting operations. EIA: U.S. crude inventories rise, gasoline and distillate inventories fall https://hydrocarbonprocessing.com/news/2026/07/eia-us-crude-inventories-rise-gasoline-and-distillate-inventories-fall/ Crude inventories rose by 3 million barrels to 411.4 million barrels in the week ending July 3, compared with analysts' expectations in a poll for a 2.4 million-barrel draw. China lifts fuel export curbs for July https://hydrocarbonprocessing.com/news/2026/07/china-lifts-fuel-export-curbs-for-july/ The resumption of refined fuel exports from one of Asia's largest exporters comes after the interim peace deal between the U.S. and Iran, and is expected to ease prices for transportation fuels in a region where consumers have been grappling with inflation since Beijing curbed shipments to secure domestic supplies in March. Oil refiners' Hormuz windfall may prove short-lived https://hydrocarbonprocessing.com/news/2026/07/oil-refiners-hormuz-windfall-may-prove-short-lived/ Refining profitability is determined by two factors: the cost of crude oil and the price of the gasoline, diesel and jet fuel produced from it. At the moment, both are moving in refiners' favor. South Korea expands energy partnership with UAE's ADNOC https://hydrocarbonprocessing.com/news/2026/07/south-korea-expands-energy-partnership-with-uaes-adnoc/ Both parties will seek to boost long-term crude supply to Korean refiners, improve joint coordination during emergency supply situations such as seeking alternative export routes, and advance cooperation on international joint crude stockpiling in South Korea.