• Weaponization Of Crude: Russian Oil Refiners Under Drone Attack

    Weaponization Of Crude: Russian Oil Refiners Under Drone Attack Brent crude prices climbed to their highest level in four and a half months last week following attacks on multiple Russian oil refineries by Ukrainian drones. Additionally, this morning, drone strikes on two more oil refining facilities were reported deep within Russia. Bloomberg reports drone strikes targeted two oil refining facilities in Russia's Samara region, more than 620 miles from the Ukrainian border. A...

  • Ukraine wants to torture Russia with drone attacks on the oil sector

    ReutersFire at the Russian oil refinery in Ryazan Noos News•Today at 6:21 pm Although shifts on the front have been limited for months, it is clear that Ukraine is increasingly launching attacks on Russian territory – sometimes deep into Russia, several hundred kilometers across the border. It is carried out with drones, which are often […]

  • Drone attacks hit oil refineries in Samara region of Russia

    Two refineries in Russia's Samara region were targeted in a near-simultaneous drone attack, according to regional governor, Dmitry Azarov, who indicated that there were no human casualties. One of the refineries is part of the oil processing plants owned by Rosneft Corporation. Early on the morning of 16 March, unmanned aerial vehicles (UAVs) struck two facilities in the Samara region of the Russian Federation, reported the news outlet Baza. The drone attack occurred around 06:00 local time. One...

  • Ukraine hits oil and electricity facilities with drone attacks across Russia

    No direct casualties in attack that Moscow says was a Ukrainian attempt to sabotage the Russian presidential electionRussian election coverage – live updatesUkraine launched 35 drones at targets across Russia including in the capital region, sparking a fire at an oil refinery and disrupting electricity supplies in several border areas but causing no direct casualties, the defence ministry in Moscow has said.As Russians cast their ballots in the final day of voting for the country’s presidential...

  • Russia Ukraine war latest: Fire breaks out at Russian oil refinery after Kyiv drone attack

    Comes as Moscow launched what Kyiv has called the biggest attack of the war on Ukraine’s power grid amid fears of an escalation of the war

  • Russia claims downing 12 Ukrainian drones amid attacks on oil refinery and metallurgical plant

    Russia's defence ministry claimed that air defence forces allegedly shot down 12 drones in the Bryansk, Belgorod, Voronezh, and Saratov regions. Meanwhile, Russian media reported that overnight, strikes had targeted an oil refinery in Saratov and the Oskol Electrometallurgical Plant. On the night of March 23, the Russian Federation reportedly faced an attack from unmanned aerial vehicles (UAVs), as announced by the Russian Ministry of Defence's press service. The Russian authorities claimed that...

    • CBC

    'We should abandon the fantasy of phasing out oil and gas': Saudi oil CEO

    The head of the world's largest energy company on Monday suggested that oil and natural gas will be around for a long time to come and consumption of both sources of energy is likely to grow for at least the next decade or two.

  • Ukrainian UAVs attacked Slavyansk oil refinery

    Several Ukrainian drones tried to attack the Slavyansk oil refinery in the Russian Krasnodar region, the operational headquarters of the Krasnodar region reported in a Telegram post. "Several UA

  • Russia repels two drone attacks heading to Moscow

    Moscow Mayor Sergey Sobyanin announced in a Telegram post that his country's air defense forces repelled two drone attacks in the urban districts of Domodedovo and Ramensky in the Moscow Region.

  • Saudi Arabia's Non-Oil Revenue Hits 50% Of GDP

    For decades, Saudi Arabia has been regarded as the de facto leader of OPEC and a swing-producer critical to curtailing large price overshoots in either direction. Over the past few years, the Arab nation has borne the lion’s share of OPEC production cuts after recently agreeing to cut 1 million barrels per day or nearly half of the group’s 2.2 mb/d in pledged cuts. Well, it appears that Saudi Vision 2030 is already bearing fruit, and Riyadh might not be feeling the pinch from those cuts as much...

  • Ukraine war: Multiple drone attacks repelled, says Russia

    Dozens of drones were intercepted, Russia says, but one attack caused an oil refinery fire in Krasnodar.

  • Ukrainian drones strike oil refinery in Kaluga region of Russia

    In the early hours of March 15th, Ukrainian drones struck an oil-refining plant in the Kaluga region, Ukrayinska Pravda reports citing sources from the Main Intelligence Directorate of the Ukrainian Defense Ministry. According to a source from the publication, the drones successfully hit their target at the Pervy Zavod facility. The Main Intelligence Directorate emphasized that this is one of the plants the Russians use for military purposes. In the morning, Kaluga region’s governor Vladislav...