oil refineries

Ukraine strikes could leave Russia with 30% less refining capacity for 18 months, IEA says

The International Energy Agency (IEA) has lowered its baseline forecast for Russian oil refining over the next 18 months to approximately 4 million barrels per day, or 30% below pre-invasion levels in 2022, Bloomberg wrote on Sept. 11, citing the agency’s monthly oil market report.

11 September, 07:54 PM

Rosneft, Russia’s top oil producer, suffers profit decline in first half of year

Russia's largest state-controlled oil company, Rosneft, which accounts for roughly half of the country's total crude output, saw its first-half net profit fall, The Moscow Times reported on August 31.

1 September, 01:21 PM

Russian Defense Ministry is preparing 'massive strikes' on Ukraine's energy facilities

Russia's Defense Ministry said that Russian forces are preparing "massive strikes" on Ukraine's energy facilities, according to a statement posted on the ministry's Telegram channel on Aug. 30.

30 August, 11:58 AM

Moscow reintroduces gasoline rationing

Limits on gasoline sales reappeared at several gas station networks in Moscow, as authorities continue supplying the Russian capital by redirecting fuel from other regions, independent outlet The Moscow Times reported on Aug. 19.

19 August, 10:47 PM

Ukrainian refinery strikes trigger motor oil shortages and price spikes in Russia

Ukrainian drone strikes on Russian oil refineries have contributed not only to the country’s fuel crisis but also to shortages of automotive lubricants, Russian newspaper Kommersant reported.

19 August, 01:52 PM

70% of Russian gas stations left without gasoline or diesel

A sharp fuel shortage in Russia has left gasoline or diesel available at just 28.1% of the country’s gas stations as of Aug. 16, down from 41% a week earlier, independent outlet The Moscow Times reported on Aug. 18.

19 August, 12:41 AM

Russia expects more pricey Indian gasoline to ease shortages

At least two more shipments of gasoline from India are expected to arrive at Russian ports over the next two weeks as Moscow hopes to ease a domestic fuel shortage, Reuters reported on Aug. 17, citing industry sources.

17 August, 08:33 PM

Second wave of fuel shortages rolls over Russia

Fuel shortages driven by renewed Ukrainian drone strikes on oil refineries and logistics centers have spread to at least 16 Russian regions, independent outlet The Moscow Times reported on Aug. 11.

12 August, 01:38 AM

Ukrainian forces strike Wildberries warehouse, oil refinery and Russian targets in Crimea

Ukrainian forces struck a Wildberries logistics warehouse in Voronezh and the Orsknefteorgsintez oil refinery in Russia's Orenburg Oblast, Unmanned Systems Forces commander Robert Brovdi said on Aug. 11.

11 August, 12:33 PM

Russia to receive first shipment of Indian gasoline July 26

As Ukrainian strikes continue reducing Russia’s refining capacity, the first shipment of gasoline from India is expected to arrive on July 26, the Financial Times reported on July 23.

23 July, 10:51 PM

Russian refinery subsidies jump sixfold in June

Payments from Russia’s state budget to refineries that supply the domestic market rose more than sixfold in June year-over-year, Bloomberg reported on June 3, as the government moves to ameliorate fuel shortages.

4 July, 01:20 AM

Fuel crisis delays food deliveries to St. Petersburg stores

Food producers have warned retail chains in St. Petersburg of delivery delays due to fuel shortages following Ukrainian strikes on Russian oil refineries, The Moscow Times reported, citing notifications sent to retailers on July 1.

1 July, 02:52 PM

Ukraine's attacks on refineries have shaken Russia's fuel market – expert

Ukraine's sustained strikes on Russian oil refineries have triggered a systemic fuel market crisis in Russia, with fuel sales restrictions across dozens of oblasts underscoring the industry's problems, A-95 Consulting Group Director Serhii Kuiun told Radio NV on July 1.

1 July, 12:38 PM

Fuel rationing spreads further across Russia

Authorities in four more Russian regions, Yakutia, Bashkortostan, Primorsky Krai, and Krasnodar Krai, have announced gasoline and diesel rationing, independent newspaper The Moscow Times reported on June 29.

29 June, 09:43 PM

Putin admits fuel problems after Ukrainian strikes on Russian refineries

Vladimir Putin acknowledged fuel supply problems in Russia following Ukrainian drone strikes on oil refineries, saying the gasoline export ban was imposed "in the interests of domestic consumers," according to the Kremlin on June 28.

29 June, 12:37 AM

Ukraine hit Crimea Bridge and two Russian oil refineries

Ukraine's Defense Forces struck a railway bridge near Ichok and targeted the Yaroslavl and Slavyansk oil refineries in Russia during overnight operations, Ukraine's General Staff said on June 28.

28 June, 08:26 PM

Chinese state refiners may resume Iranian oil imports after seven-year break

Chinese state-owned refiners are considering resuming purchases of Iranian crude oil, but ample alternative supplies and weaker domestic fuel demand are limiting their interest, Reuters reported, citing sources on June 25.

25 June, 03:37 PM

Drone attack damages key Rosneft-owned oil processing plants in Ufa - video

Drones struck two oil refineries in the Russian city of Ufa, Bashkortostan — 1,400 kilometers from Ukraine — local Telegram channels reported on June 25.

25 June, 12:55 PM

Russia turns to seaborne gasoline imports

Russia plans to begin sea imports of gasoline for the first time in a long while to make up for fuel shortages that followed Ukrainian strikes on oil refineries, Reuters reported on June 17, citing unnamed sources.

17 June, 09:54 PM

Russia to cut crude exports in June — report

Russia plans to reduce crude oil exports in June and increase domestic refining to try and avoid fuel shortages, Reuters reported on June 8, citing industry sources.

9 June, 12:39 AM

oil refineries

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