http://www.hydrocarbonprocessing.com Hydrocarbon Processing Brazil to phase out subsidy for diesel more slowly than for gasoline, minister says https://hydrocarbonprocessing.com/news/2026/07/brazil-to-phase-out-subsidy-for-diesel-more-slowly-than-for-gasoline-minister-says/ Brazil's government will take longer to phase out its diesel subsidy than the gasoline benefit, reflecting concerns the process must be handled carefully, even after the drop in global oil prices, to avoid price shocks or fuel shortages. Chinese independent refiners snap up discounted Mideast oil as supplies rise https://hydrocarbonprocessing.com/news/2026/07/chinese-independent-refiners-snap-up-discounted-mideast-oil-as-supplies-rise/ Gulf oil exports are gushing into Asia as producers ramp up output and exports through the Strait of Hormuz following the interim peace deal between the U.S. and Iran, depressing oil prices globally. India refiner Nayara's gasoline sold to Russia via traders https://hydrocarbonprocessing.com/news/2026/07/india-refiner-nayaras-gasoline-sold-to-russia-via-traders/ Indian Oil Minister Hardeep Singh Puri said that Indian companies were not selling fuel to Russia but it was "possible" that Russia purchased Indian-origin fuel from traders. India seeks to quell public backlash on ethanol-mixed fuel after 'experiment' remark https://hydrocarbonprocessing.com/news/2026/07/india-seeks-to-quell-public-backlash-on-ethanol-mixed-fuel-after-experiment-remark/ The mandate to use the blend, called E20, came into force last year but is now one of the biggest political flashpoints for Prime Minister Narendra Modi's government and motorists in the world's third-biggest car market. Venezuela's largest refinery in service after power outage following earthquake https://hydrocarbonprocessing.com/news/2026/07/venezuelas-largest-refinery-in-service-after-power-outage-following-earthquake/ Venezuela's 645,000-bpd Amuay refinery, the country's largest, was back in service on Friday. U.S.-Iran war still trails the 1979 oil shock by total losses https://hydrocarbonprocessing.com/news/2026/07/us-iran-war-still-trails-the-1979-oil-shock-by-total-losses/ Unlike previous crises, the Iran war has simultaneously disrupted crude oil, natural gas, refined fuels and fertilizer supplies, exposing vulnerabilities created by decades of rising energy demand, globalized trade and the Middle East’s growing role as a supplier of finished fuels. ABB Ethernet-APL flowmeters to support digitalization at a large petrochemical complex in China https://hydrocarbonprocessing.com/news/2026/07/abb-ethernet-apl-flowmeters-to-support-digitalization-at-a-large-petrochemical-complex-in-china/ Axens acquires Methanol-to-Propylene technology, expanding its SAF portfolio https://hydrocarbonprocessing.com/news/2026/07/axens-acquires-methanol-to-propylene-technology-expanding-its-saf-portfolio/ Lighthouse Green Fuels completes FEED for UK SAF project https://hydrocarbonprocessing.com/news/2026/07/lighthouse-green-fuels-completes-feed-for-uk-saf-project/ Höegh Evi and Nord Gas Solutions validate ammonia-to-hydrogen cracking technology for floating hydrogen terminals https://hydrocarbonprocessing.com/news/2026/07/hoeegh-evi-and-nord-gas-solutions-validate-ammonia-to-hydrogen-cracking-technology-for-floating-hydrogen-terminals/ Höegh Evi and Nord Gas Solutions (formerly Wartsila Gas Solutions) have successfully completed performance testing for their ammonia-to-hydrogen cracking technology at the Sustainable Energy pilot plant in Stord, Norway.