Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking and 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 and 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 > Finance > Fire at Russia's Afipsky oil refinery extinguished after drone attack, authorities say
    Finance

    Fire at Russia's Afipsky oil refinery extinguished after drone attack, authorities say

    Published by Global Banking and Finance Review

    Posted on November 29, 2025

    1 min read

    Last updated: January 20, 2026

    Image illustrating K+S's Q2 financial report, showing a decline in revenue and sales volume due to logistical challenges. Relevant to banking and finance news.
    K+S revenue report highlights Q2 revenue miss and sales volume drop - 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 gascybersecurityfinancial stability

    Quick Summary

    A fire at Russia's Afipsky oil refinery, caused by drone debris, was extinguished with no injuries. Russian Defence intercepted 103 drones.

    Fire at Afipsky Oil Refinery in Russia Extinguished After Attack

    MOSCOW, Nov 29 (Reuters) - Falling drone debris sparked a blaze at the Afipsky oil refinery in Russia's southern Krasnodar region, but the fire has been put out, regional authorities said on Saturday.

    Some technical equipment on the premises was damaged but no one was injured, the local taskforce said.

    The Russian Defence Ministry said that air defence units had intercepted and destroyed 103 Ukrainian drones over Russian regions overnight, including 11 over the Krasnodar region.

    (Reporting by Reuters; Editing by Kirsten Donovan and Toby Chopra)

    Key Takeaways

    • •Drone debris caused a fire at Afipsky oil refinery.
    • •The fire was extinguished with no injuries reported.
    • •Technical equipment was damaged in the blaze.
    • •Russian Defence Ministry intercepted 103 drones.
    • •11 drones were destroyed over Krasnodar region.

    Frequently Asked Questions about Fire at Russia's Afipsky oil refinery extinguished after drone attack, authorities say

    1What is a refinery?

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

    2What is a drone attack?

    A drone attack involves the use of unmanned aerial vehicles (UAVs) to conduct military strikes or surveillance, often targeting specific locations or assets.

    3What is air defense?

    Air defense refers to military strategies and systems designed to detect, track, and intercept airborne threats, such as missiles or enemy aircraft.

    4What is a taskforce?

    A taskforce is a group of individuals assembled to work on a specific project or mission, often in response to an urgent situation or crisis.

    5What is a drone?

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

    More from Finance

    Explore more articles in the Finance category

    Image for Trading Day: Solid data over hard assets
    Trading Day: Solid data over hard assets
    Image for Exclusive-OpenAI is unsatisfied with some Nvidia chips and looking for alternatives, sources say
    Exclusive-OpenAI is unsatisfied with some Nvidia chips and looking for alternatives, sources say
    Image for Crypto market volatility triggers $2.5 billion in bitcoin liquidations
    Crypto market volatility triggers $2.5 billion in bitcoin liquidations
    Image for Germany's ProSiebenSat.1 Media reports lower revenue for 2025
    Germany's ProSiebenSat.1 Media reports lower revenue for 2025
    Image for Germany's BayWa in talks with financiers and shareholders on possible changes to restructuring process
    Germany's BayWa in talks with financiers and shareholders on possible changes to restructuring process
    Image for Swiss National Bank Chairman says current situation not easy for policy
    Swiss National Bank Chairman says current situation not easy for policy
    Image for Recycling body opposes EU scrap aluminium export curbs
    Recycling body opposes EU scrap aluminium export curbs
    Image for Czech leader urges EU to overhaul carbon trading schemes to curb energy costs
    Czech leader urges EU to overhaul carbon trading schemes to curb energy costs
    Image for Italy new car sales up by 6.2% year-on-year in January
    Italy new car sales up by 6.2% year-on-year in January
    Image for Telia, Lyse to combine Norwegian mobile radio networks to save costs
    Telia, Lyse to combine Norwegian mobile radio networks to save costs
    Image for Tesla new car sales in Italy jump year-on-year in January, after 2025 drop
    Tesla new car sales in Italy jump year-on-year in January, after 2025 drop
    Image for US to cut tariffs on India to 18%, India agrees to end Russian oil purchases
    US to cut tariffs on India to 18%, India agrees to end Russian oil purchases
    View All Finance Posts
    Previous Finance PostUkraine hits two Russian 'shadow fleet' oil tankers with naval drones
    Next Finance PostOne third of Spanish pork export certificates blocked since swine fever outbreak, minister says