http://www.hydrocarbonprocessing.com Hydrocarbon Processing Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy http://web2v10.hydrocarbonprocessing.com/news/2026/05/phillips-66-greenlights-new-gas-plant-and-fractionator-projects-advancing-integrated-wellhead-to-market-strategy/ Commonwealth LNG gets green light to start construction of $13-B, 9.5-MMtpy LNG terminal http://web2v10.hydrocarbonprocessing.com/news/2026/05/commonwealth-lng-gets-green-light-to-start-construction-of-13-b-95-mmtpy-lng-terminal/ ADNOC signs two strategic collaboration agreements with Indian partners http://web2v10.hydrocarbonprocessing.com/news/2026/05/adnoc-signs-two-strategic-collaboration-agreements-with-indian-partners/ The agreements build on ADNOC’s expanding partnerships with Indian companies across crude, LNG and LPG supply, as well as energy storage opportunities, supporting India’s growing energy demand and long-term economic growth. Emerson announces major advancements to AspenTech's Inmation OT Data Fabric http://web2v10.hydrocarbonprocessing.com/news/2026/05/emerson-announces-major-advancements-to-aspentechs-inmation-ot-data-fabric/ Russia revises down oil and gas production and exports forecasts for 2026–2029 http://web2v10.hydrocarbonprocessing.com/news/2026/05/russia-revises-down-oil-and-gas-production-and-exports-forecasts-for-2026-2029/ Russia has faced challenges to its oil and gas industry, including western sanctions and Ukrainian drone attacks on its energy infrastructure which led to oil output decline in early April. ControlAir releases new signal operated back pressure regulators http://web2v10.hydrocarbonprocessing.com/news/2026/05/controlair-releases-new-signal-operated-back-pressure-regulators/ These advanced regulators are engineered to deliver accurate, stable pressure control and high flow capacity across a wide range of industrial pneumatic applications. 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. Equinor: Iran war lifts Asia-Pacific interest for Norwegian petroleum products, LNG http://web2v10.hydrocarbonprocessing.com/news/2026/05/equinor-iran-war-lifts-asia-pacific-interest-for-norwegian-petroleum-products-lng/ The conflict has effectively closed the Strait of Hormuz, a choke point for energy exports from producers in the Gulf, especially affecting clients in Asia. Booming U.S. energy exports draw scrutiny as domestic fuel prices bite http://web2v10.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. Lantern LNG selects Honeywell Process and Automation Technologies to drive 12-MMtpy Matagorda Bay facility http://web2v10.hydrocarbonprocessing.com/news/2026/04/lantern-lng-selects-honeywell-process-and-automation-technologies-to-drive-12-mmtpy-matagorda-bay-facility/