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At risk shutting down
- Russia's most troubled oil refineries are at risk shutting down, people familiar with the matter told Reuters. The closures could happen as soon as early next year, one source said. At least three plants have had to dial back or halt production due to steep losses, the report added.
Russia's least sophisticated refineries, which produce no premium fuels, have been hit the hardest, posting losses of up to 10,000 roubles ($102) per metric ton during several months of the second ...
6 days ago · Low-tech plants suffer the most. Russia's least sophisticated refineries, which produce no premium fuels, have been hit the hardest, posting losses of up to 10,000 roubles ($102) per metric ton during several months of the second half of 2024, two sources said.
3 days ago · Russia's Ilsky oil refinery has applied for government financial help mainly due to high interest rates and facility modernisation, it said on Monday, but added there was no risk of it...
5 days ago · Russian oil refineries are forced to stop processing or reduce volumes due to heavy losses amid export restrictions, rising crude oil prices, and high borrowing costs, as well as drone attacks. Currently, there are at least three such enterprises in the Russian Federation that have faced difficulties: the Tuapse, Ilya, and Novoshakhtyn refineries.
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 ...
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Apr 10, 2024 · MOSCOW, April 10 (Reuters) - Russia's Orsk oil refinery, which has halted output after widespread floods, declared force majeure on fuel supplies from April 8, according to a document issued...
