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Keywords: Refinery


Ukraine strikes Russian oil refinery in coordinated attack

Ukrainian forces launched overnight strikes on key strategic targets, hitting a Russian oil refinery deep inside Russian territory and damaging critical oil infrastructure in occupied areas on November 11. The attacks mark an escalation in Kyiv's efforts to weaken Moscow’s war economy. The......

Ukraine drone sparks fire at major Russian oil refinery

A Ukrainian drone struck one of Russia’s largest oil refineries on Saturday, causing a fire and minor damage, Russian authorities reported. The incident occurred at Bashneft’s Ufa facility, located about 870 miles (1,400 km) from the Ukrainian frontline. Videos circulating on social media......

Al Amoudi’s legal battle: Morocco stands firm against financial pressure

Mohammed Hussein Al Amoudi, the Saudi billionaire and former owner of Morocco's Samir refinery, is currently pursuing the enforcement of an award from the International Centre for Settlement of Investment Disputes (ICSID) against Morocco. This effort aims to resolve a prolonged legal dispute with......

ICSID Ruling: Moroccan State Prevails in SAMIR Oil Refinery Dispute

In a landmark decision on Monday, the International Centre for Settlement of Investment Disputes (ICSID) dismissed the majority of claims brought by Corral Morocco Holding against the Moroccan state concerning the SAMIR oil refinery case. The ICSID awarded Corral a modest $150 million in compensation,......

Moroccan Oil Refinery Saga: Kingdom Refutes Billion-Dollar Claim in International Arbitration

In a significant development in the ongoing saga of Morocco's sole oil refinery, the North African kingdom has decisively rejected a substantial $2.7 billion compensation claim brought forth by Saudi entrepreneur Mohammed Al Amoudi. This rejection comes on the heels of a concluded arbitration procedure......

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