Russia and Ukraine struck each other’s Black Sea ports overnight, damaging infrastructure including an oil refinery.
Emergency services tackle a blaze following Russian attacks in Odesa region, Ukraine, in a photo released on Dec. 31. Source: State Emergency Service of Ukraine
Ukraine has ratcheted up attacks on Russian energy infrastructure this month, hitting the most assets and the widest range of targets since the war began.
Ukraine has ratcheted up attacks on Russian energy infrastructure this month, hitting the most assets and the widest range of targets since the war began.
Soldiers man an M777 howitzer during a combat mission in the Dnipropetrovsk region, Ukraine, on Dec. 24.
Russia’s ambitions to triple its annual liquefied gas production have been pushed back by several years amid international sanctions, according to Deputy Prime Minister Alexander Novak.
Russia’s ambitions to triple its annual liquefied gas production have been pushed back by several years amid international sanctions, according to Deputy Prime Minister Alexander Novak.
A flare stack at the Yamal LNG plant, in Russia. Source: Andrey Rudakov/Bloomberg
Russia’s ambitions to triple its annual liquefied gas production have been pushed back by several years amid international sanctions, according to Deputy Prime Minister Alexander Novak.
Russia’s ambitions to triple its annual liquefied gas production have been pushed back by several years amid international sanctions, according to Deputy Prime Minister Alexander Novak.
A flare stack at the Yamal LNG plant, in Russia. Source: Andrey Rudakov/Bloomberg
Sovcomflot PJSC, Russia’s largest shipping company, received the first domestically built ice-class tanker to expand the fleet of ships hauling super-chilled gas from the blacklisted Arctic LNG 2 project year-round.
Sovcomflot PJSC, Russia’s largest shipping company, received the first domestically built ice-class tanker to expand the fleet of ships hauling super-chilled gas from the blacklisted Arctic LNG 2 project year-round.
Urals crude tumbled to about $34 a barrel at the point of export last week, a deep discount to international benchmarks.
The Glen Cove tanker moored at Jawaharlal Nehru Port in Navi Mumbai, Maharashtra, India, on Saturday, Aug. 9, 2025. US President Donald Trump said he'd impose a 50% tariff on Indian exports to the US half of which includes a penalty for purchases of Russian oil. Photographer: Bloomberg/Bloomberg
The relaunch of a second mooring at the Caspian Pipeline Consortium terminal has once again been delayed, according to two people familiar with the situation.
The relaunch of a second mooring at the Caspian Pipeline Consortium terminal has once again been delayed, according to two people familiar with the situation.
A tanker and the terminal of the Caspian Pipeline Consortium, left, in the Black Sea near Novorossiysk, Russia.
An oil tanker caught fire after an overnight drone attack on Russia’s southern city of Rostov, as Ukraine expands the scope of strikes on energy assets.
An oil tanker caught fire after an overnight drone attack on Russia’s southern city of Rostov, as Ukraine expands the scope of strikes on energy assets.
Ukrainian long-range drones at an undisclosed location in February.
Ukraine said it hit a major oil refinery and an oil depot in Russia as US President Donald Trump dispatched envoys to Berlin for another round of talks on how to end the war that Russian President Vladimir Putin started in 2022.
Ukraine said it hit a major oil refinery and an oil depot in Russia as US President Donald Trump dispatched envoys to Berlin for another round of talks on how to end the war that Russian President Vladimir Putin started in 2022.
BAKHMUT DISTRICT, UKRAINE - NOVEMBER 12: A Ukrainian military man equips and prepares a drone for flight and prepares ammunition at positions 4 kilometers from the frontline as the special unit "Achilles" is preparing to carry out a combat mission at night on the heavy drone "Vampire", which the Russians call "Baba Yaga" on November 12, 2023 in the Bakhmut District, Ukraine. SkyFall, a Ukrainian company, has launched mass production of unmanned aerial vehicles. The new "Vampire" model can carry up to 15 kg of ammunition. The Armed Forces of Ukraine use Vampire hexacopters to drop different types of munitions on the enemy, such as cumulative and thermobaric, and are most often used against tanks and other armored vehicles. Unmanned aerial vehicles are equipped with a thermal imager, which allows you to attack the enemy in the dark. Ukrainian forces continue to fight to retake Bakhmut, which was captured by Russian forces in May, following a yearlong war battle. Over the summer, Ukraine regained territory north and south of Bakhmut but Russia has held the city itself. (Photo by Kostya Liberov/Libkos via Getty Images) Photographer: Libkos/Getty Images Europe
Ukraine attacked Lukoil PJSC’s Filanovsky oil field in the Caspian Sea, according to a person familiar the matter, widening the scope of its strikes on Russian energy infrastructure just as President Volodymyr Zelenskiy is under US pressure to agree to a peace deal largely on the Kremlin’s terms.
Ukraine attacked Lukoil PJSC’s Filanovsky oil field in the Caspian Sea, according to a person familiar the matter, widening the scope of its strikes on Russian energy infrastructure just as President Volodymyr Zelenskiy is under US pressure to agree to a peace deal largely on the Kremlin’s terms.
Ukrainian long-range drones at an undisclosed location in February.
Ukraine said it attacked a Rosneft PJSC oil refinery and a small port on Russia’s Azov Sea coast, adding to a wave of strikes that are becoming costly for Moscow and its petroleum industry.
Ukraine said it attacked a Rosneft PJSC oil refinery and a small port on Russia’s Azov Sea coast, adding to a wave of strikes that are becoming costly for Moscow and its petroleum industry.
The Russian government’s oil proceeds shrank by almost a third in November from a year ago as weaker crude prices and a stronger currency took their toll on revenues.
The Russian government’s oil proceeds shrank by almost a third in November from a year ago as weaker crude prices and a stronger currency took their toll on revenues.
Processing towers stand at the RN-Tuapsinsky refinery, operated by Rosneft Oil Co., in Tuapse, Russia, on Monday, March 23, 2020. Major oil currencies have fallen much more this month following the plunge in Brent crude prices to less than $30 a barrel, with Russia’s ruble down by 15%.
The Caspian Pipeline Consortium, which handles most of Kazakhstan’s crude exports through Russia to the Black Sea, halted loading after one of its three moorings was damaged amid overnight Ukrainian attacks in the region.
The Caspian Pipeline Consortium, which handles most of Kazakhstan’s crude exports through Russia to the Black Sea, halted loading after one of its three moorings was damaged amid overnight Ukrainian attacks in the region.
The Amjad oil tanker. Photographer: KARIM SAHIB/AFP
Russia unleashed an air barrage on Ukraine’s capital overnight, killing at least three people and causing widespread power outages, as President Volodymyr Zelenskiy’s negotiating team heads to the US for talks aimed at bringing an end to the war.
Russia unleashed an air barrage on Ukraine’s capital overnight, killing at least three people and causing widespread power outages, as President Volodymyr Zelenskiy’s negotiating team heads to the US for talks aimed at bringing an end to the war.
TOPSHOT - Local residents react in front of a damaged residential building following an air attack in Kyiv on November 29, 2025, amid the Russian invasion in Ukraine. A Russian drone attack targeted the Ukrainian capital in the early hours of November 29, 2025, killing one person and wounding seven, authorities in Kyiv said. (Photo by Genya SAVILOV / AFP via Getty Images)
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