The refinery, among Russia’s top 10 by production, processes 13.7 million tons of oil annually. The shutdown has cut its diesel production by half – roughly 10,000 tons per day.

The US sanctions targeting Russia’s oil sector, introduced on 10 January, have also been extended to Serbia’s largest energy company, NIS (for further details, see Appendix). The majority stake in NIS ...

Kazakhstan is stepping up oil production at its Tengiz field, boosting demand for crude tankers. Tengizchevroil plans to hike ...

Energy wars continue as Kyiv’s drones hit oil depot in Voronezh; Zelensky welcomes return of 25 POWs as Ukraine captures 23 ...

A diesel hydrotreating unit at a refinery of Russian oil major company Lukoil in the city of Volgograd caught fire on Wednesday morning, two oil industry sources told Reuters. Another source said the ...

A large-scale fire broke out at an oil refinery in the Russian city of Volgograd on January 15. The refinery belongs to ...

MOSCOW, January 15. /TASS/. Kremlin spokesman Dmitry Peskov has not ruled out that Moscow will respond tit for tat to Washington's sanctions against the Russian fuel and energy sector. "Nothing can be ...

Russian media outlets have reported that a fire has broken out at the Lukoil oil refinery in Volgograd in Russia following an ...

The fire at the refinery in the Krasnoarmeysky district of Volgograd started around 4:00 a.m. Locals reported hearing an ...

The sanctions package adopted on 10 January by the outgoing Biden administration represents the most severe blow to Russia’s oil sector since early 2023. The restrictions targeted a record number of ...

The Tengiz field is expected to reach full production capacity after maintenance by January 18. In November 2024, the ...

Russian oil transit through Ukraine has decreased to a minimum since 2014 to 11.4 million tons.This is announced by the ExPro ...