All articles tagged with #oil refining
Ukrainian drone strikes have hammered Russia’s oil industry, pushing refinery runs to multi-decade lows, triggering a domestic petrol shortage with price spikes and regional sales restrictions, and raising the prospect that Moscow may become a petrol importer as it struggles to repair facilities.
Russia’s crude processing rate fell to about 3.91 million barrels per day in July 2026, the lowest since 2005 and about 1.4 million bpd below last year’s average, as Ukraine’s strikes damaged up to 24 of Russia’s 34 large refineries over the past 100 days. The drop coincides with a nationwide fuel shortage and rationing, plus export bans on gasoline, jet fuel, and diesel, while Moscow eyes imports from India and Kazakhstan and vows retaliation.
Ukraine intensified strikes on Russian tankers and energy infrastructure supplying Crimea, and on refineries inside Russia, triggering fuel shortages in Crimea and in parts of Russia while Moscow seeks to reroute supplies; Kyiv says the strikes aim to disrupt Russia's energy logistics, with Zelenskyy urging decisive use of air power in the war.
Russia is experiencing a domestic fuel shortage with long queues at petrol stations across cities, including Moscow, as Ukrainian drone and missile strikes hit refineries. Authorities have increased imports, subsidized prices, and allowed lower-grade fuel, but prices are rising and public concern is growing. Polls show Putin's support slipping, and while Western hopes of pressuring him to change course exist, analysts widely view such a shift as unlikely; the crisis may instead weigh on Russia's economy as the war continues.
Ukrainian long-range drones struck the St. Petersburg region, hitting an oil terminal and a Baltic Sea port and briefly disrupting flights and mobile networks; Russia says it intercepted hundreds of drones, while Kyiv claimed hits on oil infrastructure and the Kronstadt naval base. Separately, a gas production facility in the Poltava region was attacked, with operations suspended, as fuel shortages and refinery strikes compound energy disruptions amid the war.
A fire erupted at the Afipsky Oil Refinery in Krasnodar Krai after overnight Ukrainian drones/missile activity, with debris causing damage in the town and a gas-substation incident. The refinery fire was extinguished by about 7:30 a.m. local time, while authorities reported injuries in the region and a state of emergency in Afipsky as part of a broader wave of attacks on Russian targets.
Drone strikes on Russia's refineries have triggered gasoline and diesel rationing across at least 20 Russian regions and occupied Ukrainian areas, with per-vehicle caps and shortages reported from Ryazan to Crimea, signaling a broader blow to Russia's fuel supply and economy.
CARB chair Lauren Sanchez said updates to California’s cap-and-invest program remain open to changes after stakeholder feedback ahead of a May vote, with the plan potentially tightening emission credits and speeding reductions while boosting disclosures. The proposal has drawn backlash from industry and environmentalists, who warn it could raise costs for oil refiners and fuel, hasten refinery closures, and lift already high gas prices; supporters say it’s crucial to reach carbon neutrality by 2045. The measure extends the program to 2045, and California gas prices—about $5.48 per gallon—partly reflect the program’s costs (roughly 24 cents per gallon).
The article argues Moscow’s mass strikes on Ukraine’s energy grid aren’t genuine retaliation for Kyiv’s actions but a deliberate tactic to cripple Ukrainian society by hitting civilian energy infrastructure. Ukraine counters with long-range strikes against oil production to hobble Russia’s war funding, while civilian harm and blackouts rise, highlighting stark differences in targets and raising concerns about the legality and morality of Russia’s approach.
Russia plans to partially ban diesel exports until the end of 2025 and extend gasoline export restrictions amid Ukrainian drone attacks on refineries, which have reduced Russian oil refining capacity and caused fuel shortages across the country.
A Ukrainian drone attacked a major Russian oil refining complex operated by Bashneft near Ufa, causing a fire and minor damage, with no casualties reported.
Phillips 66, the fourth largest crude oil refiner in the United States, plans to cut 175 employees and restructure its global finance and procurement operations. This move is part of the company's 2024 realignment and outsourcing strategy, which will result in a total of 430 employee and contractor roles being changed. The company aims to create an "enterprise service organization" and will partner with external companies to execute certain processes. The job cuts will reduce Phillips 66's workforce by a little over 1%.