Oil Refineries

Ukraine Drone Attacks Hit Russia's Oil Refineries, Electricity Facilities in Campaign Against Moscow's Energy Industry

Ukraine Drone Attacks Hit Russia's Oil Refineries, Electricity Facilities in Campaign Against Moscow's Energy Industry

Ukraine has reportedly deployed 35 drones to target various locations in Russia, resulting in a fire at an oil refinery and disruptions to electricity supplies in border areas.

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Part of Saudi Aramco’s Shares May Be Offered For International Investors

Aramco is the largest known oil producer in the world with a daily production of 10.25 MMbpd. KSA authority has increased feedstock prices to narrow down its budgetary deficits and also increases daily production rate to cope with the soaring demands. Now it is in efforts for Aramco’s listing for IPOs. If listed, Aramco will be the world’s first corporate entity with asset value of more than $1 trillion.

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