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National Interests: Priorities and Security
 

Modernization of independent oil refining companies in Russia under sanctions and attacks on infrastructure

ISSUE 6, JUNE 2026

Received: 9 February 2026

Accepted: 4 March 2026

Available online: 30 June 2026

Subject Heading: GLOBALIZATION

JEL Classification: E65, F51, F63, O25, Q47

Pages: 181-205

https://doi.org/10.24891/vjvqes

Oleg V. SHIMKO Institute of Economics of Russian Academy of Sciences (IE RAS), Center for Innovative Economics and Industrial Policy, Moscow, Russian Federation
shima_ne@mail.ru

https://orcid.org/0000-0002-0779-7097

Subject. This article focuses on the Russian independent oil refining companies processing indicators.
Objectives. The study aims to assess the modernization capacities of independent oil refining companies in Russia.
Methods. For the study, I used methods of comparative analysis and summarization of information from State authorities of the Russian Federation and domestic independent oil refining companies.
Results. The article highlights the need to change the approach to the modernization process of the Russian independent oil refining companies.
Conclusions. Almost all independent producers are experiencing serious problems with modernization. The capacities modernization of independent producers can contribute to the diversification of exports, provision of the domestic market, and the improvement of the situation with the Federal Budget. Coordination of all areas of the State activity is needed.

Keywords: modernization, oil refining, processing depth, light petroleum products yield, independent oil refining companies

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