Oil prices fell on Tuesday as traders thought a possible cease-fire in Russia's war with Ukraine might lead to easing or the end to sanctions on Russian crude oil, which would in turn boost global supply.Brent crude futures were down 50 cents…
An LNG tanker targeted by U.S. sanctions has berthed at Russia's Arctic LNG 2 plant, the fourth such vessel to do so this year, shiptracking data from Kpler and LSEG showed.The Christophe De Margerie tanker arrived unloaded at Arctic LNG 2 on August 9…
The European Union will add 27 vessels, including oil and liquefied natural gas tankers, to its list of entities under sanctions as part of its latest measures against Russia, two sources familiar with the matter said on Monday.EU countries…
Japan will ensure stable and steady energy supply to the country even after the U.S. imposed fresh sanctions related to Russia's Arctic LNG 2 project, Japan's Chief Cabinet Secretary Hirokazu Matsuno said on Tuesday.The Arctic LNG 2 project…
The Swiss agency in charge of sanctions said it was up to the Swiss government to decide whether to adopt a tweak to EU sanctions that eases shipments of oil from Russian state-owned firms Rosneft and Gazprom to third countries.Purchases of…
War in Ukraine is transforming the outlook for the supply, demand and price of hydrocarbons and the pace and cost of the energy transition. While the precise timing and implementation of future bans on Russian commodity imports are difficult to predict…
European Union leaders have agreed an embargo on Russian oil imports that will start kicking in towards the end of the year and which exempts, for now, pipeline imports that Hungary and two other landlocked Central European states rely on.The…
Britain froze the assets of Russia's Gazprombank and Alfa Bank, and the state-run shipping firm Sovcomflot FLOT.MM, in its latest round of sanctions announced on Thursday.They were among 59 individuals and entities added to the sanctions list…
The International Marine Contractors Association has suspended its Russian members from the association over Russia's invasion of Ukraine.IMCA CEO Allen Leatt said: 'We are all deeply saddened at IMCA by the events unfolding in Ukraine and the…
Germany's coordinator for transatlantic relations called on Wednesday for a moratorium on the construction of the Nord Stream 2 natural gas pipeline from Russia to Europe, breaking ranks with many in Chancellor Angela Merkel's government.The United States is opposed to the project…
U.S. Secretary of State Antony Blinken said in an interview broadcast on Sunday that it was ultimately up to those building the Nord Stream 2 natural gas pipeline whether to complete it despite opposition from Washington.On Wednesday, Blinken said he had told his German counterpart that U…
Germany is betting the U.S. administration will take a pragmatic approach to the Nord Stream 2 project to ship Russian gas to Europe and is pushing for the pipeline’s completion in defiance of U.S. opposition, officials and diplomats said.To try to block the $11 billion project…
Republican Senator Ted Cruz put a hold late on Friday on President Joe Biden's pick to lead the Central Intelligence Agency to pressure the administration to put tough sanctions on Russia's Nord Stream 2 natural gas pipeline project.The Senate Intelligence Committee last week backed William Burns…
The Biden administration on Friday identified a Russian ship and a company it believes are helping to build the Nord Stream 2 pipeline, but the entities had already been sanctioned by the Trump administration and the project's opponents in Congress said the move would do little to halt work on it…
