Ukrainian drones stage new attack on major Russian petrochemical complex

Ukrainian drones stage new attack on major Russian petrochemical complex


Ukrainian Army soldiers prepare LELEKA 100 military intelligence drone for flight in the direction of Chasiv Yar, Donetsk Oblast in Ukraine, June 10, 2024.

Jose Colon | Anadolu | Getty Images

Ukrainian drones attacked one of Russia’s largest petrochemical complexes, Salavat in the southern Bashkortostan region, for the second time in less than a week, the local governor said, and two sources said a major unit caught fire.

Ukraine has attacked more than 10 Russian refineries and export terminals over the past two months, some more than 1,000 km (620 miles) from the border, dealing the biggest blow to the Russian economy since the start of the war.

“Gazprom Neftekhim Salavat has been subjected to another terrorist drone attack. We are assessing the extent of the damage. All emergency services are on scene, and firefighting measures are underway,” governor Radiy Khabirov said on Telegram on Wednesday.

Two industry sources said the CDU-6 crude distillation unit caught fire after the attack. The unit normally processes around 6 million tons of oil and gas condensate per year, accounting for around 60% of the plant’s total production capacity.

The plant’s press service declined to comment.

The drones attacked the same complex, controlled by energy giant Gazprom, opens new tab, last week, when, according to the sources, another main unit, CDU-4, was set ablaze.

It was not clear when the units would return to operation.

Russian refining has dropped by almost 20% during some days and exports have fallen too, forcing Russia to consider oil production cuts and limit fuel exports to avoid exacerbating shortages at home.

With peace talks stalled, Ukrainian drones earlier this month also hit an oil refinery in Ufa, Bashkortostan’s regional capital, about 1,400 km (870 miles) from the Ukrainian border.

The Salavat petrochemical complex produces gasoline, diesel, kerosene and other petroleum products as well as liquefied gases, butyl alcohols, polyethylene, polystyrene and ammonia.

According to the sources, the plant processed 7.2 million tons of oil in 2024, or around 2.7% of Russia’s total oil refining, producing 2.5 million tons of diesel, 1.5 million tons of gasoline and 700,000 tons of fuel oil.



Source

Buying chip stocks is getting pricey. Traders don’t care
World

Buying chip stocks is getting pricey. Traders don’t care

Intel Xeon 6 processors are shown to CNBC at Intel’s advanced packaging facility in Chandler, Arizona, on November 17, 2025. Tony Puyol Semiconductors are a runaway train — up 17 of the past 18 sessions — and options traders are buying increasingly expensive call options to chase the rally higher. The VanEck Semiconductor ETF (SMH) […]

Read More
The charts are showing there’s more pain ahead for healthcare stocks, says Carter Worth
World

The charts are showing there’s more pain ahead for healthcare stocks, says Carter Worth

(Check out Carter’s worthcharting.com for actionable recommendations and live nightly videos.) The worst performing sector year to date is healthcare, and there is every indication there is more downside ahead. The 2-panel chart below tells the tale. The top panel is the Health Care Select Sector SPDR ETF (XLV) itself, and it is a bad […]

Read More
How a new Amazon-backed Hollywood production startup deploys AI for speed and cost-cutting
World

How a new Amazon-backed Hollywood production startup deploys AI for speed and cost-cutting

At a time when Hollywood is torn between fear of artificial intelligence stealing jobs and the pressure to cut costs, a new kind of hybrid production studio is launching with the latest AI tools. Innovative Dreams is a new production services company, backed by Amazon Web Services and Luma, a generative AI startup, that combines […]

Read More