Economic TimesLean R·
CEO: Saudi refinery repairs extend to early 2027
TotalEnergies' SATORP oil refinery in Saudi Arabia, which was hit by three drones in April, is still running only at 70% capacity and will not be fully repaired until early 2027, the company's Chief Executive Patrick Pouyanne said on Wednesday.Pouyanne, speaking during a hearing by the French lower house's economic affairs commission on the Middle East crisis, said re-opening the Strait of Hormuz following a deal to end the U.S. war in Iran would not immediately solve the energy crunch,…
Read at Economic Times →
