OTTAWA, June 8 (Xinhua) -- Canadian Foreign Affairs Minister Melanie Joly announced Wednesday that Canada is imposing new sanctions on Russian oil, gas and chemical industries. The minister said in a news release that these new measures are imposing a ban on the export of 28 services vital fo...
RUSSIAN natural gas major Novatek in 2024 could fail to receive six liquefied natural gas (LNG) tankers from South Korean Hanwha Ocean shipyard intended to carry gas from the Arctic LNG-2 project, Kommersant daily reports citing unnamed market sources and TradeWinds with reference to a ...
But these sanctions could have gone a lot further. That they did not highlights the extent to which the EU still relies on Russian gas.
TEHRAN, May 09 (MNA) – Austrian Foreign Minister Alexander Schallenberg turned down imposition of sanctions on Russian gas and also North Atlantic Treaty Organization (NATO)’s membership. Austrian Foreign Minister Alexander Schallenberg explained that imposing an embargo on Russian gas in Austria wou...
The US doesn't depend on Russian oil to run the country, but the global oil industry could still feel the hit.
Sanctions that could hinder one of Moscow's most important projects in Europe, the Nord Stream 2 natural gas pipeline, have been included in the annual U.S. defense policy bill, two congressional aides said on Nov. 11. The sanctions in the compromise National Defense Authorization A...
The latest sanctions created a positive terms of trade shock for Russia, with a rise in the price of its exports relative to its imports. The only way to put real pressure on Russian public finances is to buy a lot less oil and gas from Russia. Even better: stop all purchases from and...
However, sanctioning these vessels is a thorny business, since they are still providing large quantities of gas to Europe, which has so far stopped short of sanctioning Russian gas. But since the UK is a critical player in this shipping sector, it both benefits from the trade, and has an...
“Most hard-to-recover reserves are not subject to the sanctions and Russian companies continue to rely on western technology and firms like Schlumberger or Halliburton to develop them,” says Dmitry Marinchenko, an oil and gas analyst at Fitch Ratings in London. ...
Subscribe to the FT News Briefing on Apple Podcasts or Spotify Mentioned in this podcast: Apple’s holiday quarter revenue hits record despite supply chain worries EU and UK plan sanctions on new Russian gas projects if Ukraine attacked ‘No more Mr Nice Guy’: Fed chair signals tougher stance...