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A TotalEnergies refinery in Saudi Arabia sustained drone strikes and continues to run below full capacity. The chief executive said repairs are unlikely to finish before early 2027.
A TotalEnergies refinery in Saudi Arabia was struck by three drones and remains at 70 percent operating capacity, the company's chief executive said.
The chief executive stated that full repairs are not expected until early 2027. Damage assessments and repair timelines were announced alongside the capacity figure.
Officials have not released details on the date of the strikes or the parties responsible. The company continues to monitor output levels while maintenance work proceeds.
under30ceo.comA reader asks whether a mother who was co-owner of her late grandmother's bank account should divide the funds equally with siblings under the terms of the will. The question centers on inheritance rules when joint ownership and will provisions intersect.
BenzingaU.S. stock futures showed mixed performance on Wednesday ahead of the Federal Open Market Committee interest rate announcement. Markets priced in a near-certain chance the central bank will hold rates steady under new Chairman Kevin Warsh.
CnbcSpaceX shares rose 4% in premarket trading Wednesday after the company’s market capitalization passed Amazon’s. The stock has gained 62% since its IPO last Friday.