33 h. ago UK sanctions Russian spy agency over 2018 nerve agent attack

A British inquiry found that Russian President Vladimir Putin was responsible for a nerve agent attack on British soil in 2018, leading the U.K. to sanction a Russian spy agency.

Events

7 d. ago Putin, Orban Discuss Fate of Russia’s Sanctioned Oil Refineries

President Vladimir Putin and Hungarian Prime Minister Viktor Orban met at the Kremlin on Friday to discuss the fate of sanctioned Russian refineries that have triggered concerns about fuel shortages across eastern Europe.

Politics

8 d. ago Orban Meets Vucic as Hungary Eyes Russia’s Sanctioned Refineries

Hungarian Prime Minister Viktor Orban and his top diplomat have been on a whirlwind tour of central Europe with an eye to snap up sanctioned Russian-owned refineries.

Events

9 d. ago Romania Ready to Impose Oversight of Companies Hit by Sanctions

Romania will set up a mechanism to place companies at risk of being hit by international sanctions under special oversight, such as the local unit of Russian state-owned Lukoil PJSC, a cabinet member said.

Economics

2 w. ago Russian Tanker Idles Near Venezuela After US Warship Enters Path

A sanctioned Russian oil tanker made a U-turn on the way to Venezuela after a US warship intersected its route near the country’s coast, according to Bloomberg tanker tracking, raising questions about whether Washington could step in to curtail Moscow’s energy aid to Caracas.

Other

2 w. ago Lukoil’s Iraqi Oil Keeps Flowing as Baghdad Takes Over Sales

Oil from Lukoil PJSC’s share of a field in Iraq is continuing to flow to global markets, alleviating concerns about supply disruption in the wake of sanctions on the Russian energy giant.

Other

2 w. ago New sanctions target Russian web hosting service over suspected ransomware operations

WASHINGTON (AP) — The United States, Britain and Australia announced sanctions Wednesday against a Russia-based web hosting service for allegedly running ransomware operations that are meant to help criminals evade detection by law enforcement. Media Land, which officials said is among the companies that sell access to servers and other computer infrastructure and enable such […]

Events

2 w. ago Russian Oil Cargoes Race to India as Sanctions Deadline Nears

The clock is ticking for India-bound tankers carrying millions of barrels of crude from blacklisted Russian suppliers Rosneft PJSC and Lukoil PJSC, with a wind-down period for US sanctions set to end this Friday.

Events

2 w. ago Oil Steadies With Global Surplus and Russian Sanctions in Focus

Oil steadied as investors weighed the impact from an emerging surplus against US sanctions on Russia that have upended some crude flows.

Events

2 w. ago Oil Dips as Global Market Surplus and Russian Sanctions in Focus

Oil dipped as investors weighed the impact from an emerging surplus against US sanctions on Russia that have upended some crude flows.

Events

3 w. ago Bulgaria Seizes Refinery Before US Sanctions Hit Russia’s Lukoil

Bulgaria seized control of Lukoil PJSC’s local refinery to head off a potential fuel crisis from US sanctions on the Russian oil firm.

Events

3 w. ago Oil Jumps as Russian Port Attack and Sanctions Offset Glut Angst

Oil advanced as risks to Russian flows from Ukrainian strikes and tougher US sanctions countered signs the market faces a punishing glut.

Events

3 w. ago IEA Sees Big Downside Risks to Russia Oil Output From Sanctions

The International Energy Agency said there’s “considerable downside risk” to its outlook for Russian crude production from US sanctions, but held back from estimating the impact until it sees more details on enforcement.

Events

3 w. ago Anita Anand announces new sanctions targeting Russian drones as G7 diplomats meet

Target those behind attacks on Ukraine and take effect immediately

Politics

3 w. ago Most Indian Oil Refiners Skip Buying Russian Crude for December

India has scaled back purchases of Russian crude for arrival in December, showing that Western sanctions and trade talks with the US are having a major impact on buying patterns.

Other

3 w. ago Mol Rises After Hungary Wins US Exemption on Russian Sanctions

Shares of Hungarian refiner Mol Nyrt. rose after Prime Minister Viktor Orban secured an exemption from US sanctions on Russian oil — which is key to the company’s operations.

Events

3 w. ago Bulgaria moves to prevent shutdown of its only oil refinery ahead of US sanctions

SOFIA, Bulgaria (AP) — Bulgaria is racing to prevent the shutdown of its only oil refinery before U.S. sanctions on the Russian owner take effect later this month. Parliament in Sofia approved legal changes that grant additional state authority to a government-appointed manager of the Lukoil-owned Burgas refinery on the Black Sea coast. The move […]

Events

4 w. ago Mol Floats Shift Away From Russian Oil Before Orban Meets Trump

Hungary’s sole refiner said it can procure most of its crude from non-Russian sources, marking a shift in tone ahead of a high-stakes meeting between US President Donald Trump and Prime Minister Viktor Orban on Russian oil sanctions.

Other

4 w. ago Gunvor Scraps Lukoil Deal After US Calls It Kremlin ‘Puppet’

Commodity trader Gunvor Group has withdrawn its offer for the international assets of sanctioned Russian oil producer Lukoil PJSC after the US Treasury Department called it “the Kremlin’s puppet” and said the oil and gas trader would never get a license.

Events