http://www.hydrocarbonprocessing.com Hydrocarbon Processing Japan's oil and gas independence climbs to highest since 2009 http://web1v10.hydrocarbonprocessing.com/news/2026/02/japans-oil-and-gas-independence-climbs-to-highest-since-2009/ The rise to the highest since 2009 is attributed to progress in energy development projects involving Japanese firms and a decline in oil and gas imports. HAMR Energy receives additional funding for low-carbon liquid fuels projects http://web1v10.hydrocarbonprocessing.com/news/2026/02/hamr-energy-receives-additional-funding-for-low-carbon-liquid-fuels-projects/ India's Reliance wins U.S. license for Venezuelan oil http://web1v10.hydrocarbonprocessing.com/news/2026/02/indias-reliance-wins-us-license-for-venezuelan-oil/ A general license authorizes the purchase, exportation, and sale of Venezuelan-origin oil that has already been extracted, including the refining of such oil. Singapore light distillates stocks hit over 3-yr high on robust imports http://web1v10.hydrocarbonprocessing.com/news/2026/02/singapore-light-distillates-stocks-hit-over-3-yr-high-on-robust-imports/ Singapore light distillate stocks swelled to the highest level since July 2022 this week amid high supplies of naphtha and gasoline while demand for both products was lower-than-expected. China's epic renewables boom lifts it into rare clean capacity club http://web1v10.hydrocarbonprocessing.com/news/2026/02/chinas-epic-renewables-boom-lifts-it-into-rare-clean-capacity-club/ With 73 GW more clean capacity than fossil fuel capacity in use, China now has 51% of its power fleet drawing from clean sources and joins the ranks of Brazil, France and Germany as major economies powered mainly by clean energy sources. Vietnam's largest refinery to operate at 120%-125% of designed capacity in Q1 http://web1v10.hydrocarbonprocessing.com/news/2026/02/vietnams-largest-refinery-to-operate-at-120-125-of-designed-capacity-in-q1/ Indonesia's Medco expansion plans bet on rising energy demand in Southeast Asia http://web1v10.hydrocarbonprocessing.com/news/2026/02/indonesias-medco-expansion-plans-bet-on-rising-energy-demand-in-southeast-asia/ Vietnam's largest refinery to operate at 120%–125% of designed capacity in Q1 http://web1v10.hydrocarbonprocessing.com/news/2026/02/vietnams-largest-refinery-to-operate-at-120-125-of-designed-capacity-in-q1/ The 200,000-bpd refinery plans to produce 2 MMt of refined petroleum products in the January–March period. BASF to further strengthen Global Business Services through global hub setup http://web1v10.hydrocarbonprocessing.com/news/2026/02/basf-to-further-strengthen-global-business-services-through-global-hub-setup/ Borouge, Borealis, CFF and PMS join forces to study polyolefin recycling ecosystem in Indonesia http://web1v10.hydrocarbonprocessing.com/news/2026/02/borouge-borealis-cff-and-pms-join-forces-to-study-polyolefin-recycling-ecosystem-in-indonesia/