http://www.hydrocarbonprocessing.com Hydrocarbon Processing OMV receives €450-MM loan from the European Investment Bank for its 140-MW green hydrogen production facility https://hydrocarbonprocessing.com/news/2026/07/omv-receives-450-mm-loan-from-the-european-investment-bank-for-its-140-mw-green-hydrogen-production-facility/ The European Investment Bank (EIB) has granted a €450 MM loan to support the construction of OMV’s green hydrogen production plant, which is set to significantly contribute to the decarbonization of the Schwechat refinery in Lower Austria. Poland's Unimot says it will supply crude to Germany's Schwedt refinery https://hydrocarbonprocessing.com/news/2026/07/polands-unimot-says-it-will-supply-crude-to-germanys-schwedt-refinery/ Germany has been seeking alternatives for lost supplies after Russia said it would halt deliveries of Kazakh crude via the Druzhba pipeline from May 1. Hormuz traffic slows to two-month low as renewed U.S., Iran strikes raise safety risk https://hydrocarbonprocessing.com/news/2026/07/hormuz-traffic-slows-to-two-month-low-as-renewed-us-iran-strikes-raise-safety-risk/ Shipping industry sources said vessels were increasingly switching off their public AIS tracking transponders, making it difficult to determine the full number of ships crossing the waterway. Sinopec deepens aviation fuel push with CNAF restructuring https://hydrocarbonprocessing.com/news/2026/07/sinopec-deepens-aviation-fuel-push-with-cnaf-restructuring/ Jet fuel is expected to become a key growth driver in China's refined oil demand mix. Indian naphtha premiums surge as Gulf, Russian supply tightens https://hydrocarbonprocessing.com/news/2026/07/indian-naphtha-premiums-surge-as-gulf-russian-supply-tightens/ Tght supplies from the Middle East and Russia and renewed concerns over U.S.-Iran tensions boosted demand from Far East buyers Less than a month's supply: Europe's jet fuel stocks are wafer thin as Iran tensions flare https://hydrocarbonprocessing.com/news/2026/07/less-than-a-months-supply-europes-jet-fuel-stocks-are-wafer-thin-as-iran-tensions-flare/ Britain, France and Germany are particularly vulnerable in a continent where decades of refinery closures left it more reliant than most on Middle Eastern shipments via the Strait of Hormuz. Russia's diesel export ban deepens global supply crunch https://hydrocarbonprocessing.com/news/2026/07/russias-diesel-export-ban-deepens-global-supply-crunch/ Diesel accounts for the largest share of global oil consumption, and soaring prices can ripple through the global economy given its wide range of uses, from industrial machinery and farm equipment to heavy transport and electricity generation. OXEA confirms final investment decision for major capacity expansion at plant https://hydrocarbonprocessing.com/news/2026/07/oxea-confirms-final-investment-decision-for-major-capacity-expansion-at-plant/ OXEA, a global manufacturer of oxo chemicals, has announced its final investment decision (FID) for a major capacity expansion at its Bay City, Texas production site. TotalEnergies ships to Asia the first cargo produced by the ECA LNG plant https://hydrocarbonprocessing.com/news/2026/07/totalenergies-ships-to-asia-the-first-cargo-produced-by-the-eca-lng-plant/ TotalEnergies has shipped to Asia the very first cargo from ECA LNG Phase 1, a LNG export terminal currently under commissioning on Mexico’s Pacific Coast, in Baja California. ADNOC L&S expands LNG fleet with order for four new carriers https://hydrocarbonprocessing.com/news/2026/07/adnoc-ls-expands-lng-fleet-with-order-for-four-new-carriers/ ADNOC Logistics and Services plc has announced a newbuilding order for an additional four next-generation LNG carriers with a total value of approximately $900 MM.