Search for Sanctions

04.09.2014 Ceasefire Process Brings Sanctions Risk Relief

The escalation of fighting in eastern Ukraine immediately after the Minsk summit had raised the sanctions threat against Russia. The threats were expected to become even more pronounced in the days leading up to the NATO summit on 4-5 September.

28.08.2014 Gazprom Needs Large Fleet for Arctic Reserves Development

Despite sanctions, Russian oil and gas companies are more active than ever in establishing contacts at the huge oil exhibition ONS in Stavanger this week, reports

27.08.2014 Sanctions Could Jeopardize Security on Prirazlomnaya Platform

The Prirazlomnaya platform is packed with Norwegian technology and is likely to soon feel the consequences of the western export ban on oil and gas equipment, reports.

15.08.2014 Schlumberger Issues Russia Update

In the past week, both the United States and the European Union (EU) have announced economic sanctions and restrictions relating to Russia that is affecting its energy, defense and banking sectors.

13.08.2014 Norway Oil Services See Russia Sanctions Risking Arctic Push

Aker Solutions ASA (AKSO), the offshore engineering company controlled by billionaire Kjell Inge Roekke, could miss opportunities to expand into Russia’s Arctic region if Europe and the U.S. uphold sanctions on the country. “If the political situation continues and the sanctions are long-term, they will mean lost market opportunities,” Chairman Oeyvind Eriksen said in Oslo yesterday. While the Fornebu, Norway-based company isn’t currently involved in any large projects in Russia, it’s “ready to consider” opportunities when the restrictions are lifted, he said.

08.08.2014 Yamal LNG project continues despite sanctions

Russia’s Yamal LNG project and construction of the Port of Sabetta are on track despite Western sanctions, head of project operator Novatek says.

04.08.2014 Russian billionaire wants independent gas firms to be admited to Europe-bound exports

Russian billionaire Gennady Timchenko, who fell under the U.S. personalized sanctions in March and whose companies - including independent gas producer Novatek - were placed on U.S.

04.08.2014 Sikorski: Poland can ride out Russian energy threats

Foreign minister Radoslaw Sikorski has claimed that Poland would not be left high and dry if Russia issues counter-sanctions in the energy sector.

04.08.2014 OMV: Sanctions on Russia 'Will Not Hinder' South Stream

Austrian energy concern OMV has assured restrictive EU measures against Russia will not put a wheel on the South Stream gas pipeline project.

01.08.2014 Beyond oil and reserves, Russia running on empty

For all the sanctions Western leaders can throw at Russia, the biggest threat to President Vladimir Putin's ability to back separatists in east Ukraine is something beyond his or their control: the price of oil.