http://www.hydrocarbonprocessing.com Hydrocarbon Processing AVTL to develop €53-MM ammonia terminal in Pipavav, India http://web2v10.hydrocarbonprocessing.com/news/2025/06/avtl-to-develop-53-mm-ammonia-terminal-in-pipavav-india/ In India, AVTL, will develop a brownfield ammonia terminal at the existing Pipavav location. The terminal will be the first independent ammonia storage terminal in India. Russia says it struck oil refinery that supplies Ukrainian army with fuel http://web2v10.hydrocarbonprocessing.com/news/2025/06/russia-says-it-struck-oil-refinery-that-supplies-ukrainian-army-with-fuel/ Russian forces carried out an overnight strike on the Kremenchuk oil refinery that supplies fuel to Ukrainian forces in the Donbas region, Russia's defence ministry said on Sunday. Hungary's MOL and MVM join forces to ship Azeri oil to central Europe http://web2v10.hydrocarbonprocessing.com/news/2025/05/hungarys-mol-and-mvm-join-forces-to-ship-azeri-oil-to-central-europe/ Hungarian oil and gas group MOL and state-owned energy company MVM will jointly charter tankers to ship up to 160,000 metric tpy of crude oil from Azerbaijan to further diversify energy supply for Hungary and Slovakia. Phillips 66 announces agreement to divest majority interest in Germany and Austria retail marketing business http://web2v10.hydrocarbonprocessing.com/news/2025/05/phillips-66-announces-agreement-to-divest-majority-interest-in-germany-and-austria-retail-marketing-business/ Phillips 66 announced that its subsidiary, Phillips 66 Continental Holding GmbH, has entered into a definitive agreement to divest a 65 percent interest in its Germany and Austria retail marketing business, including JET-branded sites, to a consortium owned by subsidiaries of investment firms Energy Equation Partners and Stonepeak. SP Chemicals plans to raise ethane use at eastern China petchem plant http://web2v10.hydrocarbonprocessing.com/news/2025/05/sp-chemicals-plans-to-raise-ethane-use-at-eastern-china-petchem-plant/ SP Chemicals is studying plans to increase ethane use as feedstock at its petrochemical complex in eastern China's Jiangsu province to up to 90% from 75%, its CEO Chan Hian Siang said on Thursday. INEOS, Royal Wagenborg launch the first European-built offshore CO2 carrier for carbon capture and storage http://web2v10.hydrocarbonprocessing.com/news/2025/05/ineos-royal-wagenborg-launch-the-first-european-built-offshore-co2-carrier-for-carbon-capture-and-storage/ The launch and naming of Carbon Destroyer 1 marks a defining moment in the development of Project Greensand and the EU’s first commercial -scale carbon capture and storage (CCS) value chain. TotalEnergies seeks permit for $16-B green hydrogen/ammonia project in Chile http://web2v10.hydrocarbonprocessing.com/news/2025/05/totalenergies-seeks-permit-for-16-b-green-hydrogenammonia-project-in-chile/ The project, run by the Chilean subsidiary TEC H2 MAG, is expected to begin operations in 2030 and includes a wind farm, seven electrolysis centers for green hydrogen, a desalination plant, an ammonia plant and maritime infrastructure for shipping. ANALYSIS: EU power grid needs trillion-dollar upgrade to avert Spain-style blackouts http://web2v10.hydrocarbonprocessing.com/news/2025/05/analysis-eu-power-grid-needs-trillion-dollar-upgrade-to-avert-spain-style-blackouts/ Europe's aging power grid and lack of energy storage capacity will require trillions of dollars in investments to cope with rising green energy output, increasing electricity demand and to avoid blackouts. Crude processing ends at Scotland's Grangemouth oil refinery, redundancies start http://web2v10.hydrocarbonprocessing.com/news/2025/04/crude-processing-ends-at-scotlands-grangemouth-oil-refinery-redundancies-start/ Scotland's only oil refinery ceased crude oil processing as of Tuesday, as the site transitions to an import terminal. Brookfield nears $9-B deal for Colonial Pipeline http://web2v10.hydrocarbonprocessing.com/news/2025/03/brookfield-nears-9-b-deal-for-colonial-pipeline/ Brookfield Asset Management is putting the final touches on a deal to acquire Colonial Pipeline, the largest U.S. fuel transportation system, for more than $9 B including debt.