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- Russia’s refineries have started to reduce run rates and some consider shutting in operations, as the facilities are struggling with hefty losses amid export restrictions, rising oil prices, sanctions, and Ukrainian drone attacks, industry sources have told Reuters.
oilprice.com/Latest-Energy-News/World-News/Russian-Refiners-Cut-Crude-Processing-as-Hefty-Losses-Mount.html
1 day ago · Russian oil-refining businesses are at risk of plant closures amid heavy losses, lower production, report says. Russia's most troubled oil refineries are at risk shutting down, people familiar ...
6 days ago · Stocks; U.S. Markets; Wealth; Macro Matters ... Russia's biggest oil firm, ... independent Ilsky and Novoshakhtinsky refineries in Russia's south have been running at half of their nameplate ...
5 days ago · Fri, Nov 15, 2024, 8:37 AM2 min read. At least three Russian oil refineries have been forced to halt or scale back production due to significant losses and now face the risk of closure, Reuters ...
5 days ago · At least three Russian oil refineries have been forced to stop refining or cut production due to significant losses amid export restrictions, rising oil prices and high loan costs.
6 days ago · Nov. 15, 2024. Maxim Grigoriev / TASS. At least three Russian oil refineries could face closures next year as declining exports, high crude oil costs and soaring interest rates lead to mounting ...
5 days ago · The Tuapse oil refinery on Russia’s Black Sea coast, owned by oil giant Rosneft, suspended fuel production at the 240,000 barrels per day (bpd) plant in October due to low refining margins.
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In Russia, oil refineries are cutting oil processing due to losses. Moreover, there is currently a threat of their closure, according to Reuters. At least three Russian oil refineries have halted ...