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Articles with tag "Sanctions"

Lukoil Co-Founder Leonid Fedun Sells Back His Stake in Company

Reuters estimated the value of the stake at about $7 billion.

Apple Cracks Down on India’s Re-Exports of iPhones to Russia – Reports

Although Apple halted official sales in Russia, new models continue to reach the Russian market through parallel imports and private suppliers.
1 Min read

China Hikes Prices on Dual-Use Goods Exports to Russia – Study

Prices for export-controlled Chinese goods shipped to Russia rose by an average of 87% between 2021 and 2024.
2 Min read

Russia's Lukoil Calls On Bulgaria Not to Hinder Sale of Sanctioned Assets

Lukoil enjoyed a near-monopoly in Bulgaria through a network of oil depots, petrol stations and firms supplying ships and aircraft.
2 Min read

Russian Oil Revenues Slide to 2.5-Year Low as Sanctions Drive Asian Buyers Away

The International Energy Agency warned that sanctions on Rosneft and Lukoil “may have the most far-reaching impact yet on global oil markets.”
2 Min read

Chevron Weighs Purchase of Lukoil’s Overseas Assets After U.S. Eases Restrictions – Reuters

Chevron is assessing the purchase of Lukoil assets that overlap with its own interests, Reuters’ sources said.
2 Min read

Russian Oil Prices Sink as India and China Cut Purchases Ahead of U.S. Sanctions Deadline

The discount on Urals versus North Sea benchmark Brent widened to $23.51 per barrel, the largest since March 2023.
2 Min read

Russian Seaborne Oil Exports Drop to 3-Month Low Amid New U.S. Sanctions

Analysts say the slump in exports reflects a temporary dislocation in supply chains rather than a collapse in demand.
2 Min read

Canada Imposes New Sanctions on Russian Drone and Energy Production

The measures, unveiled by Foreign Minister Anita Anand during a meeting of G7 foreign ministers near Niagara Falls, Ontario, also target vessels in Russia’s...
1 Min read

Russian Stakeholders in Serbian Oil Company Are Negotiating Exit as U.S. Sanctions Take Effect, Minister Says

The U.S. Treasury began applying sanctions to NIS on Oct. 9 after several postponements since January.
2 Min read

Ukraine Sanctions Putin Envoy Kirill Dmitriev

Dmitriev, who was born in Kyiv, heads the Russian Direct Investment Fund and is a member of Russia’s negotiating teams with the U.S. and Ukraine.
1 Min read

Bulgaria Adopts Law to Take Control of Russia's Lukoil Refinery

Lukoil has owned the Neftochim plant, the largest oil refinery in the Balkans, since 1999.
2 Min read

Gunvor Pulls $22Bln Lukoil Deal After U.S. Labels Company ‘Kremlin Puppet’

The U.S. Treasury said the U.S. would “never” allow Gunvor to operate Lukoil’s assets while Putin “continues the senseless killings” in Ukraine...
2 Min read
opinion Ilya Yashin

By Blocking Russian Exiles’ Accounts, Revolut Is Hitting the Wrong Targets

Sanctions should try to weaken the social base that supports Putin, not reinforce Kremlin claims of Russophobia toward ordinary people.
4 Min read

Chinese Refiners Cut Russian Oil Imports Ahead of New U.S. Sanctions – Bloomberg

State-owned giants Sinopec and PetroChina have already canceled some shipments of Russian oil, Bloomberg cited traders as saying.
1 Min read

Russian Billionaire's Seized Superyacht Sold to Family of Trump-Linked Dubai Tycoon – Vyorstka

The 106-meter Amadea's likely new owners are the family of Emirati billionaire Hussain Sajwani, Vyorstka reported.
3 Min read
News Analysis

Is Flying in Russia as Deadly as it Seems?

Russia says it has an airline safety problem. Data analyzed by The Moscow Times suggests the issue is nuanced.
6 Min read

Lukoil Accepts Oil Trader Gunvor’s Offer to Buy International Assets After U.S. Sanctions

“The key terms of the transaction have been earlier agreed by the parties,” Lukoil said in a statement.
1 Min read

Tanker Carrying Russian Oil to India U-Turns After U.S. Sanctions Rosneft and Lukoil – Bloomberg

The unusual maneuver appears to reflect growing disruption in Russian oil exports following the new restrictions.
1 Min read

What New U.S. Sanctions on Rosneft and Lukoil Mean for Russia’s Oil Trade

Trump is seeking to pressure buyers of Russian oil and tighten financial pressure on the Kremlin as he seeks to end the war in Ukraine. Will it work?
4 Min read
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