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 > Ukraine fires Storm Shadows, drones to hit Russia's oil, gas facilities
    Headlines

    Ukraine fires Storm Shadows, drones to hit Russia's oil, gas facilities

    Published by Global Banking & Finance Review®

    Posted on December 25, 2025

    2 min read

    Last updated: January 20, 2026

    Image depicting Donald Trump announcing his proposal for land swaps to achieve peace between Ukraine and Russia, amidst ongoing conflict. This moment highlights his diplomatic approach to resolving tensions in Eastern Europe.
    Trump discusses land swaps for peace between Ukraine and Russia - 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 gasdrone technology

    Quick Summary

    Ukraine used Storm Shadow missiles and drones to hit Russian oil and gas facilities, aiming to cut Moscow's war funding.

    Ukraine Targets Russian Oil Facilities with Storm Shadows

    KYIV, Dec 25 (Reuters) - Ukraine launched British Storm Shadow missiles and its domestically produced long-range drones to hit several Russian oil and gas facilities, Ukrainian military and security officials said on Thursday.

    Ukraine has previously used the British-made missiles to attack Russian industrial targets that it says help Moscow's war.

    The Ukrainian General Staff said that the air force used Storm Shadow cruise missiles to strike the Novoshakhtinsk oil refinery in Russia's Rostov region.

    "Multiple explosions were recorded. The target was hit," the General Staff said on the Telegram app on Thursday.

    It said the refinery was one of the biggest oil product suppliers in southern Russia and was supplying diesel and jet fuel to the Russian troops fighting in Ukraine.

    Ukraine's SBU security service said that the locally made long-range drones hit oil product tanks in the Russian port of Temryuk in the Krasnodar region and a gas processing plant in Orenburg in southwestern Russia.

    The Orenburg gas processing plant, the largest facility of its kind in the world, is located about 1,400 km (about 870 miles) from the Ukrainian border.

    In the Krasnodar region, Russian regional authorities said that two oil product tanks caught fire at the southern port of Temryuk after the drone attack.

    Flames covered an area of about 2,000 square metres, authorities at the Krasnodar operational headquarters said on the Telegram app.

    As Russia's war in Ukraine approaches its four-year mark and diplomatic efforts to end it have so far failed to produce any tangible results, both Kyiv and Moscow have stepped up their drone and missile attacks on energy facilities.

    Kyiv has increased its strikes on Russia's oil refineries and other energy infrastructure since August as it seeks to cut Moscow's oil revenues, a key source of funding for its war effort.

    The Ukrainian General Staff also said that Ukrainian troops hit a military airfield in the Russian city of Maikop in the republic of Adygea in the North Caucasus region.

    (Reporting by Olena Harmash; Editing by Emelia Sithole-Matarise)

    Key Takeaways

    • •Ukraine launched Storm Shadow missiles at Russian oil facilities.
    • •Drones targeted oil tanks in Temryuk and a gas plant in Orenburg.
    • •Attacks aim to reduce Russia's oil revenue for war funding.
    • •Ukraine increases strikes on energy infrastructure since August.
    • •Military airfield in Maikop also hit by Ukrainian forces.

    Frequently Asked Questions about Ukraine fires Storm Shadows, drones to hit Russia's oil, gas facilities

    1What is a Storm Shadow missile?

    The Storm Shadow is a long-range air-launched cruise missile developed by MBDA, primarily used by the UK and French air forces for precision strikes against high-value targets.

    2What are drones used for in military operations?

    Drones are unmanned aerial vehicles used for surveillance, reconnaissance, and targeted strikes, allowing military forces to engage targets without risking personnel.

    3What is energy infrastructure?

    Energy infrastructure refers to the physical systems and facilities necessary for the production, transmission, and distribution of energy, including power plants, refineries, and pipelines.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Image for Thousands protest in Berlin in solidarity with Iranian uprisings
    Thousands protest in Berlin in solidarity with Iranian uprisings
    Image for Farmers report 'catastrophic' damage to crops as Storm Marta hits Spain and Portugal
    Farmers report 'catastrophic' damage to crops as Storm Marta hits Spain and Portugal
    Image for France opens probe against ex-culture minister lang after Epstein file dump
    France opens probe against ex-culture minister lang after Epstein file dump
    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Suspected saboteurs hit Italian rail network near Bologna, police say
    Suspected saboteurs hit Italian rail network near Bologna, police say
    Image for Olympics-Protesters in Milan denounce impact of Games on environment
    Olympics-Protesters in Milan denounce impact of Games on environment
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    Image for Russia to interrogate two suspects over attempted killing of general, report says
    Russia to interrogate two suspects over attempted killing of general, report says
    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
    View All Headlines Posts
    Previous Headlines PostKremlin says Putin wished Trump a Merry Christmas
    Next Headlines PostIn first Christmas sermon, Pope Leo decries conditions for Palestinians in Gaza