Posted inNews

Russian fuel exports declined in 2024 amid escalating Ukrainian drone strikes on refineries

Russian seaborne oil product exports fell by almost 10% during 2024, Reuters reports. Ukrainian long-range drone attacks caused damage at a number of major Russian refineries, while higher funding costs and a gasoline export ban imposed by the Kremlin to prevent domestic price hikes added to existing pressure from Western sanctions. Ukraine’s air offensive against […]

Posted inIndustry

Boeing and Ukraine’s Antonov sign agreement to partner on defense projects

Boeing has this week signed a landmark Memorandum of Understanding with Ukrainian aerospace giant Antonov that could pave the way for collaboration on a range of defense-related projects including the development of new drone technologies. “This agreement demonstrates our ongoing efforts to find more opportunities to work with Ukrainian industry, which was underscored by our […]