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Fire at an oil depot in Russia’s Bryansk region caused by a Ukrainian drone
Russia Ukraine Politics
Tim Crawford
26 February 2024
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Russian refining under siege

Ukraine is striking deeper into Russian territory as it seeks to disrupt its enemy’s oil supplies, but the impact remains limited

The first two months of 2024 have seen Ukraine increase the range and frequency of drone attacks on Russian oil infrastructure, but while refining runs have taken a temporary hit, the impact on fuel supply should not be overstated. Ukraine has ramped up drone strikes against Russian oil refineries significantly in recent months. These attacks aim to divert military and economic resources away from the war, gain knowledge of Russian air defence systems and improve on drone designs and tactics. The impact on Russian fuel production should not be overstated, however. The drones being used carry only small payloads, and many of the facilities targeted so far were originally built during the Cold

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Venezuela’s true oil potential
9 January 2026
The Latin American producer’s crude prospects rely on a multi-pronged approach where even the relatively easy wins will take considerable time, effort and cost
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Outlook 2026
9 January 2026
While many forecasters are reasserting the importance of oil and gas, petrostates should be under no illusion things are changing, and faster than they might think
Southeast Asia’s digital age requires the right energy mix
8 January 2026
Indonesia and Malaysia are at the dawn of breathtaking digital capabilities. Their energy infrastructure must keep up with their ambitions
Outlook 2006: The North Sea’s next chapter – From backbone to blueprint
Outlook 2026
8 January 2026
The next five years will be critical for the North Sea, and it will be policy not geology that will decide the basin’s future

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