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
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    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.

    1. Home
    2. >Headlines
    3. >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

    Add as preferred source on Google
    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.

    3
    What 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 Cricket-Bairstow joins Livingstone in criticising level of care in England set-up
    Cricket-Bairstow Joins Livingstone in Criticising Level of Care in England Set-Up
    Image for Mullally to be installed as first female Archbishop of Canterbury
    Mullally to Be Installed as First Female Archbishop of Canterbury
    Image for Cyprus seeks new security deal for UK bases, Telegraph reports
    Cyprus Seeks New Security Deal for UK Bases, Telegraph Reports
    Image for British army veteran completes record 100km Land Rover pull
    British Army Veteran Completes Record 100km Land Rover Pull
    Image for Pope Leo laments that Iran war 'getting worse and worse'
    Pope Leo Laments That Iran War 'getting Worse and Worse'
    Image for Denmark's left-wing bloc leads election but lacks majority, exit polls show
    Denmark's Left-Wing Bloc Leads Election but Lacks Majority, Exit Polls Show
    Image for Moldovan parliament backs energy state of emergency after power line put out of action
    Moldovan Parliament Backs Energy State of Emergency After Power Line Put Out of Action
    Image for US expected to send thousands more soldiers to Middle East, sources say
    US Expected to Send Thousands More Soldiers to Middle East, Sources Say
    Image for Brazil court places Bolsonaro under house arrest on health grounds
    Brazil Court Places Bolsonaro Under House Arrest on Health Grounds
    Image for Analysis-Gulf warnings and fears of miscalculation preceded Trump’s pause in Iran showdown
    Analysis-Gulf Warnings and Fears of Miscalculation Preceded Trump’s Pause in Iran Showdown
    Image for Italian justice undersecretary quits over mafia-linked restaurant scandal
    Italian Justice Undersecretary Quits Over Mafia-Linked Restaurant Scandal
    Image for One killed, 13 injured in Ukrainian drone attack in Russia's Kursk region, governor says
    One Killed, 13 Injured in Ukrainian Drone Attack in Russia's Kursk Region, Governor Says
    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