http://www.hydrocarbonprocessing.com Hydrocarbon Processing Plug Power, Allied Green Ammonia partner for $5.5-B, 2-GW electrolyzer project to produce SAF, green urea and green diesel http://web1v10.hydrocarbonprocessing.com/news/2025/06/plug-power-allied-green-ammonia-partner-for-55-b-2-gw-electrolyzer-project-to-produce-saf-green-urea-and-green-diesel/ Plug’s electrolyzer technology has been selected as the foundation of a new $5.5-B billion green chemical production facility in Uzbekistan that will produce sustainable aviation fuel, green urea, and green diesel. Private refiners tap India's drivers as export markets tighten http://web1v10.hydrocarbonprocessing.com/news/2025/06/private-refiners-tap-indias-drivers-as-export-markets-tighten/ India's two major private-sector refiners, which have long prioritized exports, are turning to local sales, grabbing share in the country's fast-growing $150-B fuel retail market as weaker global demand squeezes profit margins offshore. U.S. Senate Republicans propose eliminating fuel economy fines for automakers http://web1v10.hydrocarbonprocessing.com/news/2025/06/us-senate-republicans-propose-eliminating-fuel-economy-fines-for-automakers/ U.S. Senate Republicans on Thursday proposed eliminating fines for failures to meet Corporate Average Fuel Economy rules as part of a wide-ranging tax bill - the latest move aimed at making it easier for automakers to build gas-powered vehicles. LanzaJet, ATOBA Energy sign MoU to expand access to SAF market http://web1v10.hydrocarbonprocessing.com/news/2025/06/lanzajet-atoba-energy-sign-mou-to-expand-access-to-saf-market/ LanzaJet and ATOBA Energy have signed a memorandum of understanding (MoU) to collaborate on accelerating sustainable aviation fuel (SAF) deployment and creating new commercial models for the market. EIA: U.S. crude stockpiles fall, fuel builds as refiners hike output http://web1v10.hydrocarbonprocessing.com/news/2025/06/eia-us-crude-stockpiles-fall-fuel-builds-as-refiners-hike-output/ U.S. crude oil stockpiles fell last week as oil refiners ramped up production with the start of the summer driving season, while fuel inventories rose amid weaker demand, data from the U.S. Energy Information Administration (EIA) showed on Wednesday. Marubeni signs a long-term offtake agreement for green ammonia produced in Inner Mongolia, China http://web1v10.hydrocarbonprocessing.com/news/2025/06/marubeni-signs-a-long-term-offtake-agreement-for-green-ammonia-produced-in-inner-mongolia-china/ Marubeni has signed a long-term offtake agreement with global green technology company Envision Energy Co., Ltd. for ammonia produced from renewable energy in Inner Mongolia, China. Braskem to commercially implement Ardent’s Olefin Separation technology http://web1v10.hydrocarbonprocessing.com/news/2025/06/braskem-to-commercially-implement-ardent-s-olefin-separation-technology/ Braskem and Ardent Process Technologies announced the successful completion of their joint development program for an innovative olefin-paraffin separation technology, marking a significant advancement in polyolefin production efficiency. Global oil refiners see short-term boost from higher margins http://web1v10.hydrocarbonprocessing.com/news/2025/06/global-oil-refiners-see-short-term-boost-from-higher-margins/ Refiners across the globe are reaping unexpected profits from producing key fuels in recent weeks, offering an ailing sector respite before an anticipated weakening later this year, as plant closures have tightened fuel supply needed to meet peak summer demand. Trump administration (U.S.) axes $3.7-B in green energy projects http://web1v10.hydrocarbonprocessing.com/news/2025/06/trump-administration-us-axes-37-b-in-green-energy-projects/ The U.S. has axed awards to 24 green energy projects issued during U.S. President Joe Biden's administration that totaled more than $3.7 billion, the Energy Department said. These include projects from ExxonMobil, Heidelberg Materials and Eastman Chemical European chemical industry pessimistic for 2025, recovery not until 2026 says new report http://web1v10.hydrocarbonprocessing.com/news/2025/06/european-chemical-industry-pessimistic-for-2025-recovery-not-until-2026-says-new-report/ After a sobering business year in 2024 ("lost year"), the leading European chemical companies are still not forecasting any significant recovery for 2025. A cautiously positive development is only expected in the second half of the year - provided that a global trade war or a lack of economic recovery do not thwart the forecast.