http://www.hydrocarbonprocessing.com Hydrocarbon Processing Phillips 66 Independent Board Director pens letter to shareholders regarding dispute with Elliott Investment Management http://admin.hydrocarbonprocessing.com/news/2025/03/phillips-66-independent-board-director-pens-letter-to-shareholders-regarding-dispute-with-elliott-investment-management/ Phillips 66's Independent Board Director Bob Pease has written a letter to the company's shareholders regarding the dispute with Elliott Investment Management. Russia increases fuel, diesel supply to Bolivia amid rising energy crisis http://admin.hydrocarbonprocessing.com/news/2025/03/russia-increases-fuel-diesel-supply-to-bolivia-amid-rising-energy-crisis/ Russia is increasing exports of motor fuels to Bolivia, according to data from LSEG vessel tracking and industry sources, as an energy crisis worsens in the Latin American country and Moscow needs to expand sales hit by Western sanctions. Cenovus refinery in Ohio (U.S.) plans to shut multiple units for six weeks of work http://admin.hydrocarbonprocessing.com/news/2025/03/cenovus-refinery-in-ohio-us-plans-to-shut-multiple-units-for-six-weeks-of-work/ Cenovus will begin planned maintenance work on multiple units at its 160,000-bpd refinery in Toledo, Ohio (U.S.) in mid-April. Motiva Texas refinery (U.S.) preparing second attempt to restart FCCU http://admin.hydrocarbonprocessing.com/news/2025/03/motiva-texas-refinery-us-preparing-second-attempt-to-restart-fccu/ Motiva Enterprises is preparing a second attempt to restart the gasoline-producing fluidic catalytic cracker-3 (FCC-3) at its 626,000-bpd Port Arthur, Texas refinery. bp plans to sell its mobility and convenience business in Austria http://admin.hydrocarbonprocessing.com/news/2025/03/bp-plans-to-sell-its-mobility-and-convenience-business-in-austria/ bp announced its intention to sell its mobility and convenience business in Austria.The marketing process will begin immediately, with the aim of reaching sale completion by the end of 2025, subject to regulatory and all relevant approvals. BASF starts up its first plant for recycled polyamide 6 http://admin.hydrocarbonprocessing.com/news/2025/03/basf-starts-up-its-first-plant-for-recycled-polyamide-6/ BASF announced the start-up of the world’s first commercial loopamid® plant. The production facility at the Caojing site in Shanghai, China, has an annual capacity of 500 metric tons and marks an important step in the supply of sustainable products for the textile industry. U.S. weighs funding cuts to four of seven hydrogen hubs http://admin.hydrocarbonprocessing.com/news/2025/03/us-weighs-funding-cuts-to-four-of-seven-hydrogen-hubs/ The U.S. Department of Energy is weighing funding cuts to four of seven hydrogen hubs that were selected under a $7 billion federal program. China's Rongsheng Petchem opens Canada office, buys crude from Suncor http://admin.hydrocarbonprocessing.com/news/2025/03/chinas-rongsheng-petchem-opens-canada-office-buys-crude-from-suncor/ China's Rongsheng Petrochemical, China's largest independent refiner with capacity of 40 MMtpy or 800,000 bpd, has opened an office in Canada to buy Canadian crude and made its first purchase from local producer Suncor Energy. Trump administration (U.S.) tells oil and biofuels groups to hash out new biofuel policy http://admin.hydrocarbonprocessing.com/news/2025/03/trump-administration-us-tells-oil-and-biofuels-groups-to-hash-out-new-biofuel-policy/ U.S. President Donald Trump's administration has asked oil and biofuels producers to hash out a deal on the next phase of the nation's biofuels policy to avoid the kind of political clashes that marked his first term. Eni, Saipem extend collaboration agreement in biorefining http://admin.hydrocarbonprocessing.com/news/2025/03/eni-saipem-extend-collaboration-agreement-in-biorefining/ Eni, Saipem extend collaboration agreement in biorefining. Eni will further develop its biorefining capacity through the development of new initiatives for producing biofuels for both aviation and land/maritime transportation.