http://www.hydrocarbonprocessing.com Hydrocarbon Processing California (U.S.) fuel imports hit 4-yr high amid refinery outages http://web1v10.hydrocarbonprocessing.com/news/2025/06/california-us-fuel-imports-hit-4-yr-high-amid-refinery-outages/ California's fuel imports rose to the highest in 4 yr in May as refiners turned to historical trading partners in Asia and tapped some unusual routes to make up for shortages in the No. 2 U.S. oil consumer state, according to shipping data and traders. ANDRITZ to acquire Diamond Power Intl. businesses http://web1v10.hydrocarbonprocessing.com/news/2025/06/andritz-to-acquire-diamond-power-intl-businesses/ International technology group ANDRITZ has signed an agreement to acquire Diamond Power Intl. LLC (Diamond Power) businesses, including its subsidiaries and manufacturing locations, from U.S.-based Babcock & Wilcox Enterprises Inc. (B&W). 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. Irving Oil invests $100 MM in Saint John refinery upgrade http://web1v10.hydrocarbonprocessing.com/news/2025/06/irving-oil-invests-100-mm-in-saint-john-refinery-upgrade/ Irving Oil said on Thursday it plans to invest $100 MM to upgrade a key crude oil processing unit at its 320,000-bpd Saint John facility in New Brunswick, Canada's largest refinery. IEA: Global energy investment set to hit record $3.3 T in 2025 http://web1v10.hydrocarbonprocessing.com/news/2025/06/iea-global-energy-investment-set-to-hit-record-33-t-in-2025/ A surge in clean energy spending is expected to drive a record $3.3 T (€2.89 T) in global energy investment in 2025, despite economic uncertainty and geopolitical tensions. Idemitsu shuts No. 3 CDU at Yokkaichi refinery for maintenance http://web1v10.hydrocarbonprocessing.com/news/2025/06/idemitsu-shuts-no-3-cdu-at-yokkaichi-refinery-for-maintenance/ Japanese oil refiner Idemitsu Kosan shut the 155,000-bpd No. 3 crude distillation unit (CDU) at its Yokkaichi refinery in central Japan on May 19 for scheduled maintenance. Japan's Eneos begins unplanned shutdown at 77,000-bpd unit at Kawasaki http://web1v10.hydrocarbonprocessing.com/news/2025/06/japans-eneos-begins-unplanned-shutdown-at-77-000-bpd-unit-at-kawasaki/ Japan's biggest refiner, Eneos Corp., experienced an unplanned shutdown of the 77,000-bpd No. 3 crude distillation unit (CDU) at its Kawasaki refinery near Tokyo, starting June 4. 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. Chart Industries and Flowserve combined to form $19-B enterprise http://web1v10.hydrocarbonprocessing.com/news/2025/06/chart-industries-and-flowserve-combined-to-form-19-b-enterprise/ Chart Industries, Inc. and Flowserve Corporation announced that they have entered into a definitive agreement to combine in an all-stock merger of equals, creating a differentiated leader in industrial process technologies. The combined company is expected to have an enterprise value of approximately $19 billion. 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.