Russian oil refining, gas and coal production will remain broadly unchanged in 2025 compared to 2024 levels, the energy ministry said on Thursday, despite repeated waves of Ukrainian drone attacks on energy facilities.

A long-stalled oil refinery proposed near Theodore Roosevelt National Park recently appeared on a short list of projects being considered for North Dakota Legacy Fund investment. Meridian Energy Group first proposed the Davis Refinery for a site near Belfield in 2016.

Fong and Assemblymember Stan Ellis, also a Bakersfield Republican, say the planned closures of two major refineries — the Valero plant in Benicia and Phillips 66 in Los Angeles — could reduce the state’s in-state refining capacity by nearly 20%.

Seizures of more tankers could put a stranglehold on Venezuela’s economy, which is exceptionally dependent on oil to keep the government running and pay for basic necessities.

UAE energy giant emerges as frontrunner to buy Russia’s controlling stake in Serbia’s sole oil-processing facility

The United States has denied a sanctions waiver for the Russian-majority-owned Serbian refinery Naftna Industrija Srbije (NIS), forcing its shutdown, as the Russian owners refuse to sell their stake.