Latest news with #OilRefinery
Malay Mail
2 days ago
- Politics
- Malay Mail
Ukrainian drone strikes hit two Russian cities, injuring at least 16 ahead of US-Russia summit
MOSCOW, Aug 14 — Ukrainian drones struck two Russian cities on Thursday in attacks that injured at least 16 people, local authorities said, a day before a US-Russia summit on the war in Ukraine. Thirteen people were wounded, two seriously, when a drone struck an apartment building in the southern Russian city of Rostov-on-Don, the acting regional governor said. Three civilians were wounded in the city of Belgorod near the border with Ukraine, according to the governor of that region, who posted video appearing to show a drone striking a car in the centre of the city. Separately, the head of Russia's Volgograd region said fallen debris from Ukrainian drones had caused a fire at an oil refinery. There was no immediate comment from Ukraine. US President Donald Trump and Russian President Vladimir Putin are due to meet in Alaska on Friday as Trump attempts to bring about an end to the 3-1/2-year war. — Reuters
Yahoo
14-07-2025
- Business
- Yahoo
PBF Energy (PBF): Among the Energy Stocks that Soared This Week
The share price of PBF Energy Inc. (NYSE:PBF) surged by 17.51% between July 7 and July 11, 2025, putting it among the Energy Stocks that Gained the Most This Week. Aerial view of an oil refinery, with smoke billowing from its chimneys. PBF Energy Inc. (NYSE:PBF) is one of the largest independent petroleum refiners and suppliers of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. PBF Energy Inc. (NYSE:PBF) rallied to a 30-day high this week after Scotiabank raised the stock's price target from $16 to $25, while reiterating a 'Sector Perform' rating on its shares. The revision comes as the analyst updates its price targets of the U.S. Integrated Oil, Refining, and Large Cap E&P stocks under its coverage. Moreover, the slight recovery in crude oil prices over the last few weeks has also worked in the company's favor. Despite the recent uptick, the share price of PBF Energy Inc. (NYSE:PBF) has fallen by almost 30% over the last year. While we acknowledge the potential of PBF as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and The 5 Energy Stocks Billionaires are Quietly Piling Into. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-02-2025
- Politics
- Yahoo
Drones attack Saratov Oil Refinery in Russia
Drones struck the Saratov Oil Refinery in Russia's Saratov Oblast on the morning of 11 February, causing damage and a fire. Source: Saratov Oblast Governor Roman Busargin; Russian Telegram channels; Andrii Kovalenko, Head of the Center for Countering Disinformation at Ukraine's National Security and Defence Council Details: Busargin, as the Russian authorities typically do during Ukrainian drone strikes, claimed that the UAVs were intercepted by Russian air defence, but wreckage caused damage to an industrial facility. However, photos and videos published on social media show a large fire at the refinery. Kovalenko confirmed the strike and emphasised that this was not the first attack on this facility. Quote from Kovalenko: "The Saratov Oil Refinery is one of the key facilities of Russia's fuel infrastructure. Its processing capacity reaches seven million tons of oil per year." Background: In November 2024, the Rosneft oil refinery in the Russian city of Saratov was attacked by Ukraine's Defence Intelligence. Support UP or become our patron!
