http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://web1v10.hydrocarbonprocessing.com/news/2025/12/five-energy-market-trends-to-track-in-2026-the-year-of-the-glut/ This past year was a wild one for the oil and gas industry, punctuated by the 12-day Israel-Iran war in June, U.S. President Donald Trump's trade wars, the intensified targeting of energy infrastructure in Russia in its war against Ukraine, OPEC’s often perplexing production decisions and the recently threatened U.S. blockade of Venezuela. http://web1v10.hydrocarbonprocessing.com/news/2025/12/babcock-wilcox-awarded-40-mm-contract-for-advanced-wet-gas-scrubbing-technology-at-canadian-petroleum-refinery/ http://web1v10.hydrocarbonprocessing.com/news/2025/12/alberta-oil-regulator-stopped-enforcing-gas-flaring-limits-after-government-pressure/ Alberta's dismantling of its 20-yr-old flaring limit after companies blew through the limit two years in a row, with no objections from the federal government, is an example of the challenges Canada faces in reconciling its environmental commitments with a renewed focus on economic growth. http://web1v10.hydrocarbonprocessing.com/news/2025/12/canada-rolls-back-climate-rules-in-energy-deal-with-alberta/ Under the agreement, the federal government will scrap a planned emissions cap on the oil and gas sector and drop rules on clean electricity, in exchange for a commitment by Canada's top oil-producing province to strengthen industrial carbon pricing and support a carbon capture-and-storage project. http://web1v10.hydrocarbonprocessing.com/news/2025/11/global-oil-refining-profits-surge-and-may-stay-strong/ The strength in margins contrasts with crude oil markets coming under pressure from an expected oversupply, and has defied expectations earlier this year that the rally could prove to be a short-term blip due to the impact of tariffs. http://web1v10.hydrocarbonprocessing.com/news/2025/11/enbridge-approves-14-b-project-to-boost-canadian-oil-flows-to-us-refiners/ The project adds additional takeaway capacity for Canadian crude and broadens access to U.S. refineries, improving the flow of oil sands to major export outlets. http://web1v10.hydrocarbonprocessing.com/news/2025/11/quick-wins-on-cutting-methane-dogged-by-a-slow-transition/ The pledge to cut methane emissions by 30% below 2020 levels by 2030 has been signed by 159 countries plus the EU. Many of them have developed, or are working on, methane action plans, and billions of dollars have been committed to the effort. http://web1v10.hydrocarbonprocessing.com/news/2025/11/canadas-imperial-oil-beats-profit-estimates-on-record-output-strong-refining/ http://web1v10.hydrocarbonprocessing.com/news/2025/10/north-america-s-lng-export-capacity-could-more-than-double-by-2029/ http://web1v10.hydrocarbonprocessing.com/news/2025/10/stormfisher-hydrogen-acquires-recyclage-carbone-varennes-to-launch-north-americas-first-large-scale-low-carbon-methanol-plant/ Scheduled for operation in 2028, the facility will supply low-carbon fuels to global maritime, aviation, and chemical markets.