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Two industry sources said the Perm refinery has stopped operations after a Ukrainian drone attack on Friday that sparked a fire and damaged pipelines, storage tanks and processing units. The plant, about 1,460 km northeast of Moscow, processed roughl

2026-09-25

Two industry sources said the Perm refinery has stopped operations after a Ukrainian drone attack on Friday that sparked a fire and damaged pipelines, storage tanks and processing units. The plant, about 1,460 km northeast of Moscow, processed roughly 12.6 mln tonnes of crude in 2024 (about 252,000 b/d) and produced ~2.0 mln t gasoline, 5.3 mln t diesel, 0.2 mln t fuel oil and 0.7 mln t petroleum coke.

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2026-09-25

Israeli Prime Minister Benjamin Netanyahu denied allegations that Israel had committed "genocide" in Gaza.

Israeli Prime Minister Benjamin Netanyahu denied allegations that Israel had committed "genocide" in Gaza.
2026-09-25

Meta Platforms (META.O) shares rose 36% in September, their strongest monthly gain since July 2013, taking market value close to $2 trillion. The rally followed the launch of personal AI assistant Muse, which investors see as a new growth avenue and

Meta Platforms (META.O) shares rose 36% in September, their strongest monthly gain since July 2013, taking market value close to $2 trillion. The rally followed the launch of personal AI assistant Muse, which investors see as a new growth avenue and a partial answer to concerns over returns on large AI investments. Shares had been pressured earlier this year by heavy AI spending, legal risks to its social media business and soft revenue expectations, leaving them about 18% below the start of the year; since an August low the stock is up roughly 43%. Meta is expanding its AI product slate, including a portable Muse device and a camera-less smart glasses variant, and forecasts capex near $140 billion in 2026, rising to $197 billion in 2027 and $215 billion in 2028. Analysts currently project 2026 revenue of $254 billion (up 26% YoY) and net income of $80.6 billion (up 33% YoY).
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