http://www.hydrocarbonprocessing.com Hydrocarbon Processing ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies http://admin.hydrocarbonprocessing.com/news/2025/12/itt-to-acquire-spx-flow-for-477-b-expanding-leadership-in-highly-engineered-components-and-adjacent-flow-technologies/ MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants http://admin.hydrocarbonprocessing.com/news/2025/12/mol-group-introduces-eco-friendly-bag-in-box-packaging-for-lubricants/ Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production http://admin.hydrocarbonprocessing.com/news/2025/12/addis-energy-secures-83-mm-to-scale-its-transformative-approach-to-low-cost-ammonia-production/ World Fuel Services supplies cruise line with waste-based biofuels http://admin.hydrocarbonprocessing.com/news/2025/12/world-fuel-services-supplies-cruise-line-with-waste-based-biofuels/ Chevron announced $18 B-$19-B CAPEX budget for 2026 http://admin.hydrocarbonprocessing.com/news/2025/12/chevron-announced-18-b-19-b-capex-budget-for-2026/ Russia and India sign deal to build urea plant in Russia http://admin.hydrocarbonprocessing.com/news/2025/12/russia-and-india-sign-deal-to-build-urea-plant-in-russia/ The joint venture will be based on the supply of ammonia from Russia's Togliattiazot plant, with the Indian companies financing the project until the plant begins commercial operations. U.S. liquid fuels groups announce progress on E15, small refinery exemption reform http://admin.hydrocarbonprocessing.com/news/2025/12/us-liquid-fuels-groups-announce-progress-on-e15-small-refinery-exemption-reform/ In a letter to President Donald Trump, the organizations urged policymakers to advance legislation in support of a stable, efficient fuels marketplace. Million Air and Avfuel bring SAF to Austin, Texas (U.S.) http://admin.hydrocarbonprocessing.com/news/2025/12/million-air-and-avfuel-bring-saf-to-austin-texas-us/ This marks the first SAF location in Texas for both companies, offering a consistent supply of SAF specifically for the airport’s business and general aviation traffic. Chinese refiners buy oil from storage, raise output with fresh import quota http://admin.hydrocarbonprocessing.com/news/2025/12/chinese-refiners-buy-oil-from-storage-raise-output-with-fresh-import-quota/ Stocks have built up in recent months after the refiners, known as teapots and mostly based in eastern Shandong province, ran out of import quota in October. U.S. okays transactions with Lukoil gas stations outside Russia through late April http://admin.hydrocarbonprocessing.com/news/2025/12/us-okays-transactions-with-lukoil-gas-stations-outside-russia-through-late-april/ The transactions for about 2,000 stations throughout Europe, Central Asia, the Middle East and the Americas, were authorized through April 29, 2026.