Sea Drones Halt Operations At Major Russian Oil Terminal [Barron's]
Exxon Mobil Corporation (XOM)
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Source: Barrons
The Caspian Pipeline Consortium (CPC), a group that includes US oil majors Chevron and ExxonMobil and which owns the terminal, called the strike a "terrorist attack". Advertisement - Scroll to Continue Ukraine, which did not comment on the incident, has sought to punch back against its neighbour as the war grinds through its fourth year. The attack came as Moscow's forces fired a deadly storm of drones and missiles at Ukraine, killing three people and damaging buildings across Kyiv, according to Ukrainian officials. "As a result of a targeted terrorist attack by unmanned boats at 4:06 am Moscow time (0106 GMT) single Mooring Point 2 (SMP-2) sustained significant damage," the CPC said in a statement on Telegram. "Further operation of SMP-2 is not possible. Loadings at the terminal will be carried out in accordance with established rules once the drone threats are lifted," it added. Advertisement - Scroll to Continue The CPC pipeline, which begins in Kazakhstan and ends a
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