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refinery

SOCAR's STAR refinery in Turkey boosts diesel output by 19.4%
Economy

SOCAR's STAR refinery in Turkey boosts diesel output by 19.4%

In August 2026, SOCAR's STAR refinery produced 623,529 tonnes of diesel, up from 522,403 tonnes a year earlier, while jet fuel output fell 46.3%.

FinFly NewsroomOctober 24, 2026
Novak: Russia's gasoline deficit remains at around 5%
Economy

Novak: Russia's gasoline deficit remains at around 5%

Russian Deputy Prime Minister Alexander Novak said a partial gasoline deficit of about 5% persists on the domestic market, with authorities and oil companies working to close it.

Zeyni JafarovOctober 16, 2026
Russia begins importing gasoline from India amid fuel shortage
Economy

Russia begins importing gasoline from India amid fuel shortage

Russia has for the first time started importing automotive fuel from India amid a shortage caused by Ukrainian strikes on refineries. The first batch of 42,000 tonnes arrived in early August.

Zeyni JafarovAugust 12, 2026
SOCAR to Ensure Transit of Kazakh and Turkmen Oil to Kulevi Refinery
Economy

SOCAR to Ensure Transit of Kazakh and Turkmen Oil to Kulevi Refinery

Azerbaijan's state oil company SOCAR will organize supplies of Kazakh oil to Georgia's Black Sea Petroleum refinery and is ready to ensure transit of Turkmen oil.

Zeyni JafarovAugust 3, 2026
Saudi Aramco Halts Jizan Refinery After Houthi Attack
Economy

Saudi Aramco Halts Jizan Refinery After Houthi Attack

Saudi Aramco has halted operations at its 400,000 bpd Jizan refinery after a Houthi attack damaged equipment. Repairs are expected to be completed by August 15.

Zeyni JafarovJuly 28, 2026