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- 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.
Story by Reuters. • 2m. M OSCOW (Reuters) - At least three Russian refineries had to halt processing or cut runs due to heavy losses amid export curbs, rising crude prices and high borrowing ...
6 days ago · 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 ...
5 days ago · Some more technologically sophisticated refineries also operated with small losses, but there were also enterprises that managed to make a small profit from the sale of light fuel. Another problem of the russian oil refining industry was the increase in the cost of oil. On the domestic market in October, it traded at RUB 50,000 per ton.
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 ...
6 days ago · Some refiners face closure. At least three Russian refineries have had to halt processing or cut runs due to heavy losses amid export curbs, rising crude prices and high borrowing costs, according to five industry sources. The closures highlight the struggles of the Russian refining industry, which has been caught in the crosshairs of Ukrainian ...
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2 days ago · Rosneft and the individual refineries have not commented. Russia has about 30 large and medium plants processing 5.5m bpd. The country exports about 2m bpd of oil products.
