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One type of Ukrainian drone is responsible for 80% of successful strikes on Russian oil refineries: report

Ukraine's Liutyi drone had an inauspicious start but is now behind 80% of successful strikes on Rus…

Mia Jankowicz   


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Ukrainian attacks on Russian oil refineries may be proving the Biden administration wrong, experts say

Defense Secretary Lloyd Austin said in April that attacking Russian oil refineries risked impacting…

Nathan Rennolds   


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Ukraine says it flew a drone 930 miles into Russian territory to strike an oil refinery

Ukraine says it executed its farthest drone strike yet, hitting a Russian oil refinery 930 miles aw…

Mia Jankowicz   


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Ukraine says it will hit Russia's precious oil refineries even if the US tells it not to

Kyiv said that the refineries and other Russian energy infrastructure are legitimate targets, despi…

Chris Panella   


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1 min read

Key infra sectors' growth slows to 15-month low of 3.6% in January

The growth of eight key infrastructure sectors slowed to a 15-month low of 3.6 per cent in January,…

PTI   


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1 min read

Indian refineries are completely refusing oil from a key Russian shipping giant

Indian refineries are rejecting oil cargo carried by Sovcomflot, a Russian tanker firm that's been …

Filip De Mott   


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1 min read

India's petroleum products demand to increase mid-single-digit percentage in 2023-24: Fitch

India's demand for petroleum products is likely to increase by a mid-single-digit percentage in the…

ANI   


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5 mins read

Ukraine is defying the US over strikes on Russian oil refineries. Experts say it's a necessary risk.

Ukraine continues to target Russian oil facilities despite reported US objections, with one militar…

Mia Jankowicz   


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1 min read

Ukraine hits at least 3 Russian oil refineries in one of the largest drone strikes in recent months

Ukraine launched one of its largest drone strike campaigns in recent months, targeting critical oil…

Lloyd Lee   


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2 mins read

Ukraine targets more Russian oil refineries a day after reports said the US had warned them not to

Ukraine targeted two Russian oil refineries on Friday night, despite US warnings, as Russia's oil p…

Rebecca Rommen   


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Why makeshift oil refineries in Syria are a ticking time bomb

Thousands of backyard oil refineries are scattered across parts of Syria, and millions of displaced…

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2 mins read

Africa's richest person just opened a $19 billion oil refinery to help Nigeria reduce fuel imports

Aliko Dangote, founder of the Dangote Group, wants to help oil-rich Nigeria to reduce fuel imports …

Nathan Rennolds   


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Core sector output growth slows to 0.1% as 4 sectors report negative growth rate

The growth rate in the production of eight key sectors slowed down to 0.1 per cent in October again…

PTI   


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'Shark Tank' investor Kevin O'Leary wants to lower gas prices by building a $14 billion oil refinery

"We haven't built a refinery in America in decades because we can't permit it," O'Leary said this w…

Jennifer Sor   


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2 mins read

Shell just reaped an extra $1 billion from oil refining in 3 months as gas prices at the pump skyrocketed

Oil giant Shell was a major winner from the run-up in fuel prices, with refining margins almost tri…

Harry Robertson