All articles tagged with #oilrefinery
Ukraine claimed to have attacked the Syzran oil refinery in Russia's Samara region for the second time this month, causing a fire, and also targeted the Lukoil refinery in Volgograd, damaging infrastructure. Additionally, Ukraine reported strikes on military targets in occupied Crimea, Luhansk, and Donetsk, amid ongoing conflict and recent missile attacks on Kyiv.
Ukraine launched two long-range drone attacks on Russian oil refineries, targeting key energy infrastructure to pressure Moscow and disrupt its war efforts, causing significant damage and fuel shortages in Russia.
Ukraine claimed to have attacked the Saratov crude oil refinery in Russia, part of a series of drone strikes targeting Russian energy infrastructure, which have disrupted Russian oil processing capacity and exacerbated fuel shortages, with Western nations largely avoiding direct criticism or support for Ukraine's actions.
Aliko Dangote's $20 billion oil refinery in Nigeria aims to disrupt the country's corrupt and inefficient oil sector, historically dominated by a few powerful players. Despite hopes for cheaper fuel, local prices will still depend on international crude costs. The refinery's impact is complicated by ongoing disputes with regulators and traders, as well as Nigeria's broader economic challenges, including currency depreciation and fuel shortages. While the refinery could improve fuel quality and transparency, the transition is fraught with tension and uncertainty.