Latest news with #AESGroup
Yahoo
28-03-2025
- Business
- Yahoo
Russians attack infrastructure of Ukraine's largest oil and gas company Naftogaz, affecting gas production
Russia has carried out a combined strike on infrastructure of Naftogaz, the largest national oil and gas company of Ukraine, damaging gas production facilities. Source: press service of the Naftogaz Group Details: The group reported that this marks the eighteenth combined attack on its infrastructure since the beginning of the full-scale war and the eighth since the start of this year. The attack damaged gas production facilities, but no casualties have been reported. Naftogaz added that specialists are already working to deal with the aftermath of the strike. Background: On the night of 17 March, a refinery in the city of Merefa, owned by the Kharkiv-based investment and industrial AES Group, was destroyed by Russian drones. Support Ukrainska Pravda on Patreon!
Asia Times
19-03-2025
- Politics
- Asia Times
Putin made Trump wait, then strung him along
US President Donald Trump's phone call with his Russian counterpart, Vladimir Putin, didn't take a tangible step towards ending the hostilities in Ukraine, let alone finding an enduring peace. Rather, it provided further evidence of Putin's ability to string along and outsmart Trump. For starters, Putin sent a signal by making Trump wait for more than an hour to talk. Putin was speaking at a televised conference with Russian businesspeople and even made a joke about the delay when told the time for his call was approaching. This was clearly designed to show his alpha status, both to Trump and to the Russian public. Steve Witkoff, Trump's special envoy, reportedly was made to wait eight hours by Putin when he arrived in Moscow last week for talks. And after Tuesday's call, Putin only agreed to pause attacks on Ukraine's energy infrastructure for 30 days, rather than the total ceasefire that had been proposed by Trump and agreed to by Ukrainian President Volodymyr Zelensky. And even this agreement lacked clarity. The lengthy Kremlin statement on the call said the pause would only apply to attacks on energy infrastructure, while the vaguer White House read-out said it included a much broader 'energy and infrastructure' agreement. The Kremlin will doubtless stick to the narrow concept. The Kremlin's statement also said Trump proposed this idea and Putin reacted positively. This seems implausible given that pausing attacks on energy infrastructure would be the least costly partial ceasefire for Russia to agree to. It seems more likely this proposal came from Putin as a 'compromise,' even though Trump was earlier threatening fire and brimstone if Russia did not agree to a proper ceasefire. Russia will still be able to continue its ground offensive in Ukraine, where it has the upper hand thanks to Ukrainian manpower shortages (despite its own horrendous losses). It will also be able to maintain its bombardment of Ukrainian civilian targets that has already cost possibly as many as 100,000 civilian lives and half a trillion US dollars in mooted reconstruction costs. Ukraine, meanwhile, has only rarely hit residential areas in Russia. However, it has achieved considerable success with long-distance drone attacks on Russian oil refineries and energy infrastructure, threatening one of the main funding sources of Moscow's war effort. Damage at the AES Group private oil refinery the day after a Russian shock drone attack in the Kharkiv region of Ukraine this week. Sergey Kozlov / EPA The Kremlin's read-out of the call also noted that various sticking points remain to achieve a full ceasefire in Ukraine. These included the Kyiv regime's 'inability to negotiate in good faith,' which has 'repeatedly sabotaged and violated the agreements reached.' The Kremlin also accused Ukrainian militants of 'barbaric terrorist crimes' in the Kursk region of Russia that Ukraine briefly occupied. This is not new language, but shows breathtaking chutzpah. It's Russia, in fact, that has broken several agreements vowing to respect Ukraine's borders, as well as numerous provisions of the Geneva Conventions on treatment of civilian populations and prisoners of war. It has even violated the Genocide Convention in the eyes of some scholars. That a US president could let this kind of statement go unchallenged underscores the extent of the White House's volte-face on Ukraine. The Kremlin also asserted that a 'key principle' for further negotiations must be the cessation of foreign military aid and intelligence to Ukraine. Given Trump has already frozen arms and intelligence support to Ukraine to make Zelensky more compliant, Putin no doubt thinks he might do so again. This, in turn, would strengthen Russia's leverage in negotiations. Trump has already given away huge bargaining chips that could have been used to pressure Russia towards a just and enduring outcome. These include: holding talks with Russia without Ukraine present, ruling out security guarantees for Ukraine and NATO membership in the longer term and foreshadowing that Ukraine should cede its sovereign territory in defiance of international law. Putin may be content to string out the ceasefire talks as long as he can in the hopes Russian troops can consolidate their hold on Ukrainian territory and completely expel Ukrainian forces from the Kursk region inside Russia. He shows no sign of resiling from his key aims since the beginning of the war – to reimpose Russian dominance over Ukraine and its foreign and domestic policies, and to retain the territories it has illegally annexed. The fact Moscow has signed treaties to formally incorporate and assimilate these Ukrainian regions fully into Russia – rather than merely occupying them – underlines how this has always been a war of imperial reconquest rather than a response to perceived military threat. Putin poses with the heads of four Ukrainian regions at a ceremony to sign treaties to annex the territories at the Kremlin in 2022. Photo: Grigory Sysoyev / Kremlin Pool / Sputnik At the same time, if he can get much of what he wants, Putin may just be tempted to end the war to further a more business-as-usual relationship with the US. Trump has dangled various carrots to encourage Putin to do this, from renewed US investment in Russia to easing sanctions to ice hockey games. Ukraine's immediate reaction to the Trump-Putin call appears to be cautiously accepting of a limited ceasefire on energy infrastructure. This is no doubt to avoid incurring Trump's wrath. At the same time, Ukraine's bottom line remains firm: Ukraine's territorial integrity and sovereignty are non-negotiable it must be able to choose its own foreign alliances and partnerships, and it must be able to defend itself, without limits on the size of its army or its weaponry. The only way to square the circle would be to freeze the conflict at the current front lines in Ukraine and leave the status of the annexed Ukrainian regions to be resolved in future negotiations. But even this would have little credibility unless Russia revoked its annexations and allowed international organisations and observers to enter the region to encourage a modicum of compliance with international law. Jon Richardson is avisiting fellow at the Center for European Studies, Australian National University. This article is republished from The Conversation under a Creative Commons license. Read the original article.
Yahoo
18-03-2025
- Business
- Yahoo
"The strike was fatal": Russian drones destroy Ukrainian oil refinery
An oil refinery in the city of Merefa, owned by the Kharkiv-based investment and industrial group AES Group, was attacked by Russian drones on the night of 17-18 March. Source: AES Group statement obtained by Ekonomichna Pravda Details: According to AES Group, approximately 20 drones were launched against the facility, with the strikes lasting for two hours. This was the fourth attack on the refinery since February 2022. Prior to the latest strike, the facility had been operating at only 10% of its capacity, but following this attack, it has been completely destroyed. The company stated that the strike was fatal for its business. Quote from AES Group: "In effect, this marks the beginning of bankruptcy proceedings. The fourth attack proved fatal for the facility. The only hope left is for international courts, but given the current geopolitical situation, the chances of justice being served are slim." Support Ukrainska Pravda on Patreon!
