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 says it hit Russian oil rig, patrol ship in Caspian Sea
    Headlines

    Ukraine says it hit Russian oil rig, patrol ship in Caspian Sea

    Published by Global Banking & Finance Review®

    Posted on December 20, 2025

    2 min read

    Last updated: January 20, 2026

    Ukraine says it hit Russian oil rig, patrol ship in Caspian Sea - Headlines news and analysis from 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

    Ukraine's drones struck a Russian oil rig and patrol ship in the Caspian Sea, marking an escalation in attacks on Moscow's oil infrastructure.

    Ukraine's Drone Strike Targets Russian Oil Rig in Caspian Sea

    KYIV, Dec 20 (Reuters) - Ukraine said its drones struck a Russian oil rig belonging to Lukoil in the Caspian Sea and a military patrol ship near a rig as Kyiv steps up attacks on Moscow's oil infrastructure.

    The attack, which Ukraine's general staff said took place on Friday, is one of a string of strikes targeting Russian drilling infrastructure in the Caspian Sea in recent weeks, but the first one that the Ukrainian military acknowledged officially.

    A drilling platform of the Filanovsky oil rig was damaged in the attack, according to the Ukrainian military. The rig came under drone attacks at least two more times in December.

    Reuters was not able to confirm the report. Lukoil was not available for immediate comment.

    Ukraine says that Russian oil infrastructure is a legitimate target since the trade revenue is Russia's main source for financing its almost four-year-old full-on war against the country.

    The general staff added that a military patrol ship was targeted in the strike as well, and the level of damage was being assessed.

    Ukraine has been attacking Russian oil refineries throughout 2024 and 2025, but has visibly widened its campaign in recent weeks, claiming credit for sea-drone attacks on Russian shadow fleet tankers in the Black Sea and Mediterranean.

    (Reporting by Yuliia Dysa; Editing by William Mallard, Kirsten Donovan)

    Key Takeaways

    • •Ukraine's drones attacked a Russian oil rig in the Caspian Sea.
    • •The Filanovsky oil rig was damaged in the strike.
    • •Ukraine claims Russian oil infrastructure as a legitimate target.
    • •A Russian military patrol ship was also targeted.
    • •Ukraine has intensified attacks on Russian oil facilities.

    Frequently Asked Questions about Ukraine says it hit Russian oil rig, patrol ship in Caspian Sea

    1What is an oil rig?

    An oil rig is a large structure used to extract oil and gas from beneath the Earth's surface. These rigs can be located on land or offshore in bodies of water.

    2What is a military patrol ship?

    A military patrol ship is a vessel used by a country's armed forces to monitor and protect its waters, often involved in surveillance and defense operations.

    3What is drone warfare?

    Drone warfare refers to the use of unmanned aerial vehicles (UAVs) to conduct military operations, including surveillance and targeted strikes, often without direct human presence on the battlefield.

    4What is infrastructure targeting?

    Infrastructure targeting involves military operations aimed at specific facilities or structures, such as oil rigs or power plants, to disrupt an enemy's resources and capabilities.

    5What is the Caspian Sea?

    The Caspian Sea is the world's largest enclosed inland body of water, bordered by five countries: Russia, Kazakhstan, Turkmenistan, Iran, and Azerbaijan, known for its rich natural resources.

    More from Headlines

    Explore more articles in the Headlines category

    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 Italian police investigating possible sabotage to rail network near Bologna, official says
    Italian police investigating possible sabotage to rail network near Bologna, official says
    Image for Olympics-Protesters to rally in Milan denouncing impact of Winter Games
    Olympics-Protesters to rally in Milan denouncing impact of Winter Games
    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 wants Russia, Ukraine to end war by summer, Zelenskiy says
    US wants Russia, 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
    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
    View All Headlines Posts
    Previous Headlines PostBangladesh holds state funeral for slain youth leader amid tight security
    Next Headlines PostUS, Russian officials meet in Florida for more Ukraine talks