ROSNEFT’S REPAIR BILL KEEPS GROWING AS UKRAINIAN DRONES RETURN
9 Articles
9 Articles
The Russian oil company Rosneft fears long-term devastating consequences for business if hostilities and strikes by Ukrainian drones on plants continue for several more months.
Putin Has a New Problem: Ukraine Is Going for the Jugular and Smashing to Bits Russia’s Oil and Energy Empire
Russia’s oil giant Rosneft is struggling to keep its refineries running as Ukrainian drones strike them again and again, sometimes right after repairs, with Bloomberg counting at least one hundred fourteen attacks this year. Meanwhile, Trump’s diesel deal with Putin is already producing shipments bound for New York.
Ukrainian drones and Western sanctions are increasingly hitting Rosneft, hampering refinery operations and the development of new fields. The Russian company is grappling with declining profits, mounting debt, and the delay of its massive Vostok Oil project, Bloomberg reported.
It's too expensive to rebuild them all the time.
Russia continues to have huge oil reserves, but the war in Ukraine makes it increasingly expensive to turn them into fuels, exports and revenues. The attacks on refineries, Western sanctions and
Rosneft, which controls a third of Russian refining, is facing an unprecedented crisis. The 114 Ukrainian drone attacks carried out between January and October 2026 paralyzed its three main refineries, while international sanctions deprive the company of Western spare parts, forcing it to use Chinese equivalents with delays of several months. Result: a net profit in decline of 20% and a debt at the highest in five years. The Rosneft article: 114…
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