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Keywords: LUKOIL
Russia’s oil sector is entering its deepest crisis in decades as Western sanctions drive export prices sharply lower and push smaller producers toward insolvency, threatening a central pillar of the Kremlin’s wartime economy. State lender VTB is preparing to file for bankruptcy against First......
Ukrainian drones struck a major oil refinery in Russia’s Volgograd region overnight from February 10 to 11, sparking a fire at the facility operated by Lukoil. Russian media described it as the first attack on the refinery this year, as both sides continue targeting each other’s energy infrastructure......
A Ukrainian drone attack sparked a blaze at an oil depot in Russia's Volgograd Oblast on Saturday, representing the latest escalation in Kyiv's sustained campaign against Moscow's energy infrastructure. Regional governor Andrei Bocharov confirmed that debris from a downed drone ignited the......
A wave of Ukrainian drone strikes has severely disrupted operations at key Russian energy facilities, signaling an intensification of Kyiv’s campaign to weaken Moscow’s economic and logistical capacity. Among the most significant targets was the major LUKOIL oil refinery in Volgograd, where......
A Ukrainian drone strike set off a large-scale fire at a major petrochemical facility in southern Russia over the weekend, marking another escalation in the ongoing energy confrontation between the two countries. The attack targeted the Stavrolen complex in the Budyonnovsk district of Stavropol Krai,......
Ukrainian forces have carried out a series of long-range drone strikes targeting a Russian patrol ship and several oil production platforms in the Caspian Sea, marking a significant escalation in Kyiv’s strategy to disrupt Moscow’s energy revenues. According to Ukraine’s General Staff,......
The United States is preparing new sanctions against Russia’s energy sector in case President Vladimir Putin rejects the latest peace proposal aimed at ending the war in Ukraine. According to reports, the measures would target a network of vessels and intermediaries involved in transporting Russian......
Global oil prices have plunged to their lowest level in four years, driven by renewed hopes for peace talks between Russia and Ukraine and mounting concerns about a worsening supply glut. Brent crude slipped below 60 dollars a barrel, while West Texas Intermediate traded near 56 dollars, as markets reacted......
Ukraine has intensified its long-range drone campaign by striking a Russian oil platform in the Caspian Sea for the third time in a week, signalling an escalating effort to cripple Moscow’s energy infrastructure. The attack targeted the Korchagin production platform, one of several operated by......