Sinking of two Russian oil tankers may cause 'significant environmental impacts,' Greenpeace warns
The two tankers, which reportedly sank on Dec. 15 due to severe weather conditions, were carrying approximately 4,000 tons of fuel oil on board each.
Russian oil industry
Ukraine reportedly strikes oil depot in Russia's Oryol Oblast
Ukrainian drones reportedly struck an oil depot in the city of Oryol overnight on Dec. 14, causing a large fire. Governor Andrey Klychkov later said that 11 drones were downed over the Oryol region.
EU fails to approve 15th sanctions package against Russia, Reuters reports
The European Union has failed to approve its 15th sanctions package on Russia, which included an extension for Czechia to import Russian oil products through Slovakia, Reuters reported on Dec. 6, citing unnamed diplomatic sources.
Oil depot burning in Russia's Rostov Oblast amid drone attack, local media reports
A large fire has engulfed an oil depot in Russia's Rostov Oblast overnight on Nov. 29, local media reported.
UK targets 30 tankers in its largest sanctions package against Russia's 'shadow fleet'
The United Kingdom sanctioned 30 oil tankers of Russia's "shadow fleet" that carried billions of dollars worth of oil and oil products last year, the government said on Nov. 25.
Ukraine war latest: Russia likely used ballistic missile from 'Kedr' complex to strike Dnipro, intelligence says
Key developments on Nov. 22: * Russia likely used ballistic missile from 'Kedr' complex to strike Dnipro, intelligence says * Russia plans to launch mass production of Oreshnik missile, Putin says * North Korea received anti-aircraft missiles, oil from Russia in exchange for troops, reports say * Russia has deployed nearly 60,000 troops
At least 3 Russian oil refineries on verge of closure, Reuters reports
At least three Russian oil refineries have been forced to halt or scale back production due to significant losses and now face the risk of closure, Reuters reported on Nov. 15, citing five undisclosed sources.
EU preparing more sanctions against Russia's shadow fleet, Bloomberg says
EU member nations hope to approve the package by the end of the year, in time to adopt the sanctions on Feb. 24, 2025 — the third anniversary of Russia's full-scale invasion.
Chinese oil refinery buys West African crude instead of Russian, Iranian, Bloomberg reports
Private Chinese oil refinery Landbridge Petrochemical Co. has made a rare purchase of a shipment of West African oil instead of typical import from sanctioned Iran and Russia, Bloomberg reported on Nov. 14.
Ukrainian drone strikes oil depot in Russia’s Belgorod Oblast, local official claims
In recent months, Ukrainian forces have launched a series of drone strikes aimed at damaging Russia's oil industry, whose profits fuel Moscow's war efforts.
London unable to retrieve UK-licensed arms used to protect Russian oil tankers, Bloomberg reports
The United Kingdom has been unable to retrieve its weapons from floating armories offering weapons and accommodation for guards defending Russian oil tankers, Bloomberg reported on Nov. 5.
Ukraine war latest: Russia transporting North Korean troops to front lines in civilian trucks, military intelligence says
Key developments on Oct. 27: * Russia transporting North Korean troops to front lines in civilian trucks, military intelligence says * Russian soldiers suspected of murdering 2, injuring 1 civilian in embattled Selydove * Russia had 'partial success' at Levadne but Ukraine holds dominant heights, military says * Russia claims downing 51 Ukrainian drones,
Russia claims downing 51 Ukrainian drones, fire reported at oil facility
A drone struck in the Michurinsky district of the region at around 0:40 a.m. local time, causing a fire that was quickly extinguished, Governor Maxim Egorov said on his Telegram channel.
Russia's wartime economy delivers growth, but will the bubble burst?
A draft budget submitted to the Russian parliament last month has outlined the Kremlin's plans to keep spending high in its wartime economy, with ambitions to maintain the steady levels of growth the country has seen since its full-scale invasion of Ukraine in February 2022. Surging government spending on war
Russia’s war economy could be boosted by Middle East conflict, experts say
Saudi Arabia’s planned oil production hike may not break Russia’s petro-export-fueled economy, but escalations between Israel and Iran could be a gold rush for Moscow. Since late 2022, the OPEC oil cartel, of which Russia is a member, has withheld oil production and exports to prevent a surplus
70% of Russian oil shipped by shadow fleet, posing environment risk, report says
Russia's "shadow fleet" of older and poorly insured tankers transports 70% of the country's seaborne exports, according to an analysis published by the Kyiv School of Economics (KSE) Insititute on Oct. 14.
Ukraine war latest: Oil depots on fire in 2 Russian regions
Key developments on Oct. 4: * Oil depots on fire in Russia's Voronezh Oblast, Perm Krai * Russian forces less than 7 km away from Pokrovsk, authorities say * At least 177 Ukrainian POWs have died in Russian captivity, Kyiv says * EU readies to sanction Iran over missile shipments to Russia, Bloomberg reports
Russia's oil sector still has its claws on Hungary
Ukraine placed sanctions on Russia’s Lukoil, blocking the company from transiting oil through Ukraine to Hungary and Slovakia. This move heightened tensions as Hungary accused Ukraine of endangering its energy independence.
Russian tankers reject Danish pilots, increasing oil spill risks, Bloomberg reports
The older vessels, which are also poorly maintained, have undeclared owners and questionable insurance, make up the majority of Russian oil transportation due to Western sanctions, according to Bloomberg.
Ukrainian drones strike deeper into Russia, aiming to break war machine, sow discontent
Just before sunrise on an otherwise sleepy weekend near Moscow, a Russian eyewitness of Ukraine’s kamikaze drone attack on the Kashira Power Plant appeared stunned, unleashing an expletive-laden tirade with his wife alongside. "They f***g attacked the power plant! Wow, honey!" he said in a video posted on
Moscow oil refinery suspends unit's operations following large-scale Ukrainian drone attack, Reuters reports
Gazprom Neft Moscow refinery suspended operations at the plant's Euro+ refining unit following a fire on Sept. 1 caused by a purported large-scale Ukrainian drone attack on the region, Reuters reported, citing its sources.
Oil depot fire in Russia's Rostov Oblast extinguished after more than 2 weeks, authorities say
The fire began on Aug. 18 following a Ukrainian strike on the oil depot, one of many attacks on Russian oil and energy infrastructure. There were unconfirmed reports that a second strike on the facility occurred on Aug. 23 after the initial fire began.
Ukraine's military confirms strikes on Russian oil depots in Rostov, Kirov oblasts
The Ukrainain military on Aug. 28 attacked oil depots in Russia's Rostov Oblast and, for the first time, in Kirov Oblast some 1,200 kilometers (745 miles) from the Ukrainian border, the General Staff of Ukraine's Armed Forces reported on Aug. 29.
Ukraine war latest: Ukrainian drones hit oil depots in Russia's Rostov, Kirov oblasts
Key developments on Aug. 28: * Ukrainian drones hit oil depots in Russia's Rostov, Kirov oblasts * Russian forces approaching town of Selydove in Donetsk Oblast, media reports * Ukraine has invested $7 billion in defense industry this year, Umerov says * Russia moves 90% of military planes beyond ATACMS range, US official claims
Ukrainian drones hit Russian oil depot in Rostov Oblast, source confirms
Ukrainian drones operated by military intelligence (HUR) and the Special Operation Forces hit an oil depot in Russia's Rostov Oblast on Aug. 28, setting it on fire, a HUR source confirmed for the Kyiv Independent.
Fires reported at 2 oil depots in Russia's Rostov Oblast, local media reports
Fires broke out at two separate oil depots in Russia's Rostov Oblast in an apparent drone attack on the region, local Russian media reported overnight on Aug. 28.
Russia’s Rostov Oblast oil depot fire ongoing for 8th day
Satellite images obtained by Radio Free Europe/Radio Liberty suggest that an oil depot fire keeps spreading at the Kavkaz oil and petroleum storage facility just outside Proletarsk, a town in Russia’s Rostov Oblast.
Explosion at oil refinery in Russian city of Omsk injures 2
Vitaly Khotsenko, acting governor of Omsk Oblast, confirmed that two people had been injured and claimed that the situation was under control.
European Commission sees 'no reason to be concerned' about ban on Lukoil's oil supplies to Hungary, Slovakia
In June, Kyiv imposed sanctions blocking Lukoil, one of the largest oil companies in Russia, from transiting crude oil through the Druzhba pipeline running through Ukrainian territory.
India overtakes China as Russia's top oil buyer in July, Reuters reports
India overtook China as the world’s largest importer of Russian oil in July as Chinese refiners bought less due to lower profit margins from fuel production, Reuters reported on Aug. 22, citing a comparison of import data.
Rostov Oblast oil depot fire ongoing for 5th day, Russian officials report
The Rostov Oblast government told the media that as of Aug. 22 morning, the number of injured firefighters had risen to 49
Hungary close to finalizing talks on 'balanced' oil supply amid Ukraine's sanctions against Lukoil
Budapest is close to finalizing talks on "balanced" oil supply after Ukraine blocked the transit of Russian oil through the Lukoil pipeline, Hungarian Foreign Minister Peter Szijjarto said on Aug. 21 after a government meeting.
Most popular
Editors' Picks
'Surrender & betrayal' — US, EU officials condemn Trump, Hegseth's comments on Ukraine peace negotiations
As US and Russia start talks, what peace terms could Ukraine accept?
From drone simulators to civics: Ukraine reforms school curriculum to protect next generation from Russian threat
