http://www.hydrocarbonprocessing.com Hydrocarbon Processing ARENA to drive Australia's $1.1-B Cleaner Fuels Program http://web2v10.hydrocarbonprocessing.com/news/2026/05/arena-to-drive-australias-11-b-cleaner-fuels-program/ Repsol's Chairman asserts the role of refining as a strategic industry for Spain and for Europe http://web2v10.hydrocarbonprocessing.com/news/2026/05/repsols-chairman-asserts-the-role-of-refining-as-a-strategic-industry-for-spain-and-for-europe/ Hazer and Continental Renewable Ventures sign MoU to explore low-carbon fuels projects in Australia http://web2v10.hydrocarbonprocessing.com/news/2026/05/hazer-and-continental-renewable-ventures-sign-mou-to-explore-low-carbon-fuels-projects-in-australia/ Yuchai introduces its first high-pressure, direct-injection pure ammonia internal combustion engine for heavy-duty commercial vehicles http://web2v10.hydrocarbonprocessing.com/news/2026/05/yuchai-introduces-its-first-high-pressure-direct-injection-pure-ammonia-internal-combustion-engine-for-heavy-duty-commercial-vehicles/ China Yuchai International has introduced its first high-pressure, direct-injection internal combustion engine capable of operating entirely on ammonia and designed for heavy–duty commercial vehicles. Iran, Ukraine wars deliver worst hit in years to oil refining output http://web2v10.hydrocarbonprocessing.com/news/2026/05/iran-ukraine-wars-deliver-worst-hit-in-years-to-oil-refining-output/ Tightened supply has forced refiners, traders and retailers to tap crude and fuel inventories to meet demand. Nigeria fuel demand rises as Dangote drives near-full refining capacity http://web2v10.hydrocarbonprocessing.com/news/2026/05/nigeria-fuel-demand-rises-as-dangote-drives-near-full-refining-capacity/ Average daily petrol consumption rose to 51.1 million liters, slightly above the 50 million liters benchmark levels, while diesel demand climbed to 17.3 million liters a day. Seven markets to track if peace breaks out in the Middle East http://web2v10.hydrocarbonprocessing.com/news/2026/05/seven-markets-to-track-if-peace-breaks-out-in-the-middle-east/ Here are key charts - across crude, products, shipping, gas, industrial commodities and equities - to gauge whether markets are pricing a temporary easing of tensions or a structural shift in global supply and demand if a peace deal emerges. Asia exports of refined fuels plunge amid Hormuz closure http://web2v10.hydrocarbonprocessing.com/news/2026/05/asia-exports-of-refined-fuels-plunge-amid-hormuz-closure/ Exports of refined products such as jet fuel, diesel and gasoline fell to multi-year lows in Asia, the top energy consuming region and destination for about 80% of pre-war cargoes through the Strait of Hormuz. One-fifth of U.S. renewable diesel and SAF production was exported in 2H25 http://web2v10.hydrocarbonprocessing.com/news/2026/05/one-fifth-of-us-renewable-diesel-and-saf-production-was-exported-in-2h25/ EIA: U.S. crude and fuel inventories fall as Iran war roils energy markets http://web2v10.hydrocarbonprocessing.com/news/2026/05/eia-us-crude-and-fuel-inventories-fall-as-iran-war-roils-energy-markets/ Fuel inventories also declined, as exports of petroleum products rose to their highest level on record.