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Refinery

All articles tagged with #refinery

Ukraine Launches Overnight Strikes on Russian Refinery, Aviation Plant and Logistics Center
world24 days ago

Ukraine Launches Overnight Strikes on Russian Refinery, Aviation Plant and Logistics Center

Ukraine carried out a large overnight drone and missile campaign hitting a Rosneft-owned Syzran Oil Refinery in the Samara region, plus damage to an Ozon logistics center and the Beriev Taganrog aviation plant in other areas, with fires reported but no casualties. The strikes come as Moscow and Kyiv resume talks on an energy‑infrastructure ceasefire; Putin is reportedly reluctant to halt energy attacks before winter, and no final agreement has been reached.

Dangote Launches Africa's Largest IPO to Fuel Lagos Refinery Expansion
business25 days ago

Dangote Launches Africa's Largest IPO to Fuel Lagos Refinery Expansion

Aliko Dangote priced Africa's biggest IPO at about $47 billion for 4.1 billion shares of his Nigerian refinery, with the offer running through Oct. 13 and potentially raising $1.6–$2.1 billion depending on greenshoe exercis e. The deal values the refinery at roughly $47 billion and will fund a $14.3 billion expansion to 1.4 million barrels per day by 2029. The Lagos-area plant has supplied most domestic gasoline since 2024, and ADNOC has shown interest in investing. Dangote is also pursuing a separate $17 billion refinery project on Kenya's Lamu Island. The IPO, pitched to Nigerian retail investors, follows a 3.7x oversubscribed July private placement and comes amid strong H1 2026 profits and higher jet-fuel demand from Iran-related disruptions.

Nigerians invited to own part of Africa's biggest refinery in Dangote IPO
business25 days ago

Nigerians invited to own part of Africa's biggest refinery in Dangote IPO

Nigerian billionaire Aliko Dangote has launched Africa’s largest-ever IPO, offering about 3% of his Lagos refinery to the public to raise up to $2.1bn. The share sale runs for a month with a minimum of 10 shares (about $4) and lets ordinary Nigerians own a stake in a plant that began operations in 2024 and now supplies over 70% of Nigeria’s energy. Experts warn of price risks and scammers, advising cautious, long-term investment and dealing only with listed institutions.

Drone Strike Sets Yaroslavl Refinery Ablaze, One Dead
world1 month ago

Drone Strike Sets Yaroslavl Refinery Ablaze, One Dead

A Ukrainian drone attack hit the Slavneft-Yanos refinery in Yaroslavl, sparking a fire that killed one civilian and injured 27 as debris damaged nearby areas; authorities said 67 drones were downed in the region, with debris affecting residential and industrial sites, while Kyiv claimed the refinery strike and other actions against Russian forces. Russia said it intercepted hundreds of drones across Russia and Crimea that day.

Ukraine Targets Russia’s Largest Refinery and Multiple Command-and-Logistics Hubs in Multi-Target Strike
world3 months ago

Ukraine Targets Russia’s Largest Refinery and Multiple Command-and-Logistics Hubs in Multi-Target Strike

Ukraine’s military says it conducted a multi-target strike hitting Russia’s Lukoil-Nizhegorodnefteorgsintez refinery at Kstovo (reportedly damaging the AVT-6 unit and sparking a fire), a Russian drone warehouse in Zaporizhzhia, a logistics bridge over the Siverskyi Donets in Luhansk, and a command post near Vilshana in Kharkiv region, marking another broad operation that follows earlier drone attacks and interruptions to refining activity.

Ukraine launches sweeping drone strike on Moscow refinery
world3 months ago

Ukraine launches sweeping drone strike on Moscow refinery

Ukraine launched its largest drone attack on Moscow in years, targeting the Kapotnya oil refinery in southeast Moscow and triggering a large blaze and smoke as flights were disrupted; Moscow said most drones were shot down but several reached the refinery, while Kyiv framed the strike as retaliation for strikes on a historic monastery and Western leaders discussed responses.

Tatneft Caps Fuel Sales Across Russia After Drone Strike Hit Refineries
business3 months ago

Tatneft Caps Fuel Sales Across Russia After Drone Strike Hit Refineries

Tatneft has imposed caps on gasoline and diesel purchases at about 800 stations nationwide following Ukrainian drone strikes on its refineries, with regional limits such as 30 L gasoline/60 L diesel in Chelyabinsk and 20 L gasoline/40 L diesel in southern Moscow; the Taneco refinery in Nizhnekamsk reportedly halted operations after the strike, and Tatneft’s shares fell over 3% as authorities attribute shortages to drone attacks and coordinate an industry-wide response to stabilize energy supplies.

Ukraine strikes Moscow's largest refinery within 15 kilometers of the Kremlin
world3 months ago

Ukraine strikes Moscow's largest refinery within 15 kilometers of the Kremlin

Ukrainian drones hit Gazprom Neft’s Moscow Oil Refinery in the Kapotnya district, about 15 km from the Kremlin, triggering a fire and prompting an emergency shutdown; the plant processes around 11 million tons a year and supplies a large share of Moscow’s gasoline and diesel, with officials reporting damage but no casualties; President Zelenskyy framed the strike as part of pressuring Russia to end the war, while Russia noted additional attacks elsewhere that night.

Ukrainian Drones Widen Strike on Russian Energy Infrastructure Overnight
world4 months ago

Ukrainian Drones Widen Strike on Russian Energy Infrastructure Overnight

Ukrainian drones struck multiple Russian energy targets overnight, hitting the Saratov oil refinery, the Lazarevo pumping station on the Surgut-Gorky-Polotsk pipeline, and a fuel depot in Matveyev Kurgan, with regional authorities reporting fires and injuries as Russia says it shot down around 216 drones. The attacks marked an escalation of strikes on energy infrastructure deep inside Russia, with activity also reported in Belgorod, Voronezh and Rostov regions. Separately, Ukraine and Russia disputed reports around a Zaporizhzhia nuclear plant incident, while the U.N. watchdog noted damage to a turbine building but normal radiation levels at the site.