Headlines
Ukraine drone debris sparks fire at Russia's Slavyansk refinery, authorities say
Published by Global Banking and Finance Review
Posted on December 17, 2025
1 min readLast updated: January 20, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on December 17, 2025
1 min readLast updated: January 20, 2026
A Ukrainian drone caused a fire at Russia's Slavyansk refinery. No casualties were reported, but two people were injured in Krasnodar.
Dec 17 (Reuters) - Debris from a downed Ukrainian drone briefly set fire to processing equipment and a pipeline at an oil refinery in Russia’s southern Krasnodar region overnight, authorities there said on Wednesday.
There were no casualties reported at the Slavyansk refinery, which Kyiv has repeatedly targeted since Russia invaded Ukraine in 2022.
Two people were injured, several private homes were damaged and power supply networks were hit after drone debris fell in other residential areas of Krasnodar, the region operational headquarters said on Telegram earlier on Wednesday.
Krasnodar, on the Black Sea, is a major energy and export hub for Russia, hosting key oil infrastructure including the port of Novorossiisk and nearby terminals, as well as the Tuapse refinery and export facilities.
Ukraine has said strikes on Russia’s energy infrastructure are aimed at disrupting fuel supplies for the Russian military and cutting revenues from oil exports that help fund Moscow’s war effort in Ukraine.
(Reporting by Reuters in Moscow and Lidia Kelly in Melbourne; Editing by Jacqueline Wong and Andrew Heavens)
Energy infrastructure refers to the physical systems and facilities that generate, transmit, and distribute energy, including power plants, refineries, pipelines, and electrical grids.
Risk management is the process of identifying, assessing, and controlling threats to an organization's capital and earnings, including financial, operational, and strategic risks.
Oil and gas are fossil fuels used as primary energy sources, extracted from the earth and refined for various uses, including transportation, heating, and electricity generation.
Financial markets are platforms where buyers and sellers engage in the trading of assets such as stocks, bonds, currencies, and derivatives, facilitating capital flow and investment.
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