http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://web1v10.hydrocarbonprocessing.com/news/2025/07/us-gulf-refiners-seek-middle-east-s-american-oil-to-offset-venezuela-mexico-losses/ The shake-up in trade flows reflects a shortage of medium and heavy crude grades at the key Gulf Coast refining hub, which has struggled in recent months to secure adequate supplies amid Mexican production and quality challenges, and Washington's pressure strategy on Venezuela's sanctioned energy industry. http://web1v10.hydrocarbonprocessing.com/news/2025/07/ceo-of-russia-backed-indian-refiner-nayara-resigns-after-eu-sanctions/ The reshuffle at the top is the latest disruption for the company since the EU announced a new round of sanctions last Friday directed at Russia over its war in Ukraine. http://web1v10.hydrocarbonprocessing.com/news/2025/07/petrochina-makes-fid-for-new-northeast-refinery-complex/ The new complex comprises a 200,000-bpd crude oil refinery, a 1.4-metric MMtpy ethylene complex as well as a variety of downstream petrochemical units such as polyethylene, polypropylene and polyolefin elastomer. http://web1v10.hydrocarbonprocessing.com/news/2025/07/valero-energy-beats-q2-profit-estimates-as-refining-margins-improve/ Refiner Valero Energy beat Wall Street estimates for second-quarter profit as a rebound in refining margins helped cushion the loss in its renewable diesel unit. http://web1v10.hydrocarbonprocessing.com/news/2025/07/dow-forecasts-sales-below-estimates-slashes-dividend-as-downturn-takes-a-toll/ Dow halved its dividend and forecast third-quarter revenue below analysts' expectations as the chemicals maker navigates a prolonged downturn in the industry, sending its shares down nearly 10% in premarket trading. http://web1v10.hydrocarbonprocessing.com/news/2025/07/in-rare-move-california-us-steps-in-to-find-buyer-for-valero-refinery-to-avoid-closure/ California government officials are trying to find a buyer for Valero Energy's Benicia refinery near San Francisco, an unusual effort as the clock ticks down on the company's planned closure of the facility in April. http://web1v10.hydrocarbonprocessing.com/news/2025/07/us-refiners-may-see-2q-profit-recover-on-stronger-diesel-margins/ Investors are expecting top U.S. refiners to report higher second-quarter profits, bouncing back from losses during the first three months of the year as unseasonably strong diesel margins boost earnings. http://web1v10.hydrocarbonprocessing.com/news/2025/07/nnpc-ceo-reaffirms-nigerias-initiative-to-debottleneck-domestic-refining-capacity-strives-for-self-sufficiency/ The Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, has reaffirmed the Company’s commitment to dismantling structural bottlenecks towards laying a solid foundation for a self-sufficient refining ecosystem in Africa. http://web1v10.hydrocarbonprocessing.com/news/2025/07/evonik-uses-green-electricity-for-polybutadiene-production-in-marl-germany/ Since July 1, Evonik's Coating & Adhesive Resins Business Line has been using green electricity for polybutadiene production in Marl, Germany. The initiative is part of Evonik's sustainability strategy, which aims to achieve the Group's environmental goals by 2030, including reducing Scope 1 and Scope 2 emissions by 25% from 2021 to 2030. http://web1v10.hydrocarbonprocessing.com/news/2025/07/high-imports-soft-summer-demand-weigh-on-us-gasoline/ Gasoline prices have been in a lull in recent months, a boon for Americans traveling this summer. Consumers endured record prices at the pumps after Russia's 2022 invasion of Ukraine upended energy markets.