Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Fire at oil refinery in Russia's Volgograd extinguished, authorities say
    Headlines

    Fire at oil refinery in Russia's Volgograd extinguished, authorities say

    Published by Global Banking & Finance Review®

    Posted on August 14, 2025

    1 min read

    Last updated: January 22, 2026

    The image illustrates the ongoing anti-government protests in Moldova, where fugitive tycoon Ilan Shor offers $3,000 monthly to participants. This controversial move aims to destabilize the pro-European government ahead of elections.
    Moldovan anti-government protests funded by Ilan Shor - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:oil and gas

    Quick Summary

    A fire at the Lukoil oil refinery in Volgograd, Russia, was extinguished after being ignited by debris from a Ukrainian drone attack, amid ongoing military tensions.

    Table of Contents

    • Overview of the Lukoil Refinery Fire
    • Cause of the Blaze
    • Military Response and Interceptions

    Fire at Lukoil Oil Refinery in Volgograd, Russia, Successfully Extinguished

    Overview of the Lukoil Refinery Fire

    (Reuters) -A fire at a Lukoil oil refinery in Russia's Volgograd region has been extinguished, local authorities said on Thursday evening.

    Cause of the Blaze

    Earlier, officials said the blaze was triggered by debris from a Ukrainian drone.

    Military Response and Interceptions

    Ukraine's military said its drones struck the refinery overnight, causing large fires at a facility it claimed was supplying Russian forces.

    Russia's defence ministry said air defence systems had intercepted and destroyed 44 Ukrainian drones overnight, including nine over Volgograd region.

    (Reporting by Maxim Rodionov; Editing by Kirsten Donovan)

    Key Takeaways

    • •Fire at Lukoil oil refinery in Volgograd extinguished.
    • •Blaze caused by debris from a Ukrainian drone.
    • •Ukraine claims refinery supplied Russian forces.
    • •Russia intercepted 44 Ukrainian drones overnight.
    • •Incident highlights ongoing Russia-Ukraine conflict.

    Frequently Asked Questions about Fire at oil refinery in Russia's Volgograd extinguished, authorities say

    1What is an oil refinery?

    An oil refinery is an industrial facility where crude oil is processed and transformed into useful products like gasoline, diesel, and other petrochemicals.

    2What is a drone?

    A drone is an unmanned aerial vehicle (UAV) that can be remotely controlled or fly autonomously, often used for surveillance, delivery, or military purposes.

    3What is air defense?

    Air defense refers to the measures and systems used to protect a country or area from aerial threats, including missiles and aircraft.

    4What is a military response?

    A military response is an action taken by a country's armed forces in reaction to a threat or attack, often involving strategic planning and deployment.

    5What is a fire extinguishing system?

    A fire extinguishing system is a set of equipment designed to detect and suppress fires, ensuring safety in industrial and commercial facilities.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Ukraine backs Pope's call for Olympic truce in war with Russia
    Ukraine backs Pope's call for Olympic truce in war with Russia
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    Image for Not Italy's Devil's Island: Sardinia bristles at mafia inmate plan
    Not Italy's Devil's Island: Sardinia bristles at mafia inmate plan
    Image for Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Image for Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Image for Trump says good talks ongoing on Ukraine
    Trump says good talks ongoing on Ukraine
    Image for France to rally aid for Lebanon as it warns truce gains remain fragile
    France to rally aid for Lebanon as it warns truce gains remain fragile
    Image for Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Olympics-Italy's president takes the tram in video tribute to Milan transport
    Olympics-Italy's president takes the tram in video tribute to Milan transport
    View All Headlines Posts
    Previous Headlines PostTrump told Norwegian minister he wants Nobel Prize, newspaper says
    Next Headlines PostUK's Lammy says Israel settlement plan 'must be stopped now'