Drilling for crude oil, as well as the production, processing, storage and transportation of this energy product, inflicts huge stresses and corrosion on the materials used in oil industry equipment.

Russia’s biggest crude processing facility by production, the Omsk refinery, increased its crude processing by 4% between January and September compared to the same period last year, according to the ...

Yusov noted that Ukraine continues to deliver near-daily drone strikes against Russian oil and other industrial facilities.

The company is undergoing liquidation by order of the US Bankruptcy Court. As part of Tri-Point’s liquidation by order of the U.S. Bankruptcy Court, its assets are heading to public auction this month ...