Russia/Ukraine Crisis: U.S. Targets Russia''s Energy Industry
First, OFAC issued a determination, pursuant to Executive Order 14024, that authorizes the imposition of sanctions on any person—regardless of nationality—determined
Imposing Further Sanctions in Response to Russia''s
The Department is also designating a Georgian-Russian oligarch and a Russian Intelligence Services officer to further address the Russian Federation''s malign influence abroad.
Russia''s Energy, Financial and Defense Sectors Are the Focus of
Expansive new sanctions under former President Biden add layers of restrictions on Russia''s energy sector, including on “petroleum services” to the country, as well as on its
Ministry of Energy of the Russian Federation
The Ministry of Energy (Minenergo) is a federal executive body responsible for drafting and implementing government policy and legal regulation in the oil and fuel sector, including issues
The New Year Brings Substantial Russia-Related Sanctions on
With the implementation of new petroleum services bans, and with more companies and vessels being sanctioned, entities operating in or with Russian energy markets will need to carefully
Sanctions to Degrade Russia''s Energy Sector
Today, the United States is sanctioning major targets in Russia''s energy sector, the primary source of revenue fueling Russia''s
Power storage could cover up to 350 MW of energy shortage in
The possibility of using storage systems for the South was floated in the spring, when Market Council management board member Oleg Barkin said in a presentation that 200 MW
The New Year Brings Substantial Russia-Related Sanctions on the Russian
With the implementation of new petroleum services bans, and with more companies and vessels being sanctioned, entities operating in or with Russian energy markets will need to carefully
OFAC Expands Sanctions against Russian Energy Sector
OFAC Expands Sanctions against Russian Energy Sector January 17, 2025 On January 10, 2025, the U.S. Department of the Treasury, Office of Foreign Assets Control (“OFAC”) issued
Russia''s Energy, Financial and Defense Sectors
Expansive new sanctions under former President Biden add layers of restrictions on Russia''s energy sector, including on “petroleum
Treasury Enacts New Sanctions on Russian Energy Sector
However, concerns about disruptions to energy prices worldwide, and particularly in relation to European allies, has caused OFAC to stop short of sanctioning the entire
Sanctions to Degrade Russia''s Energy Sector
Today, the United States is sanctioning major targets in Russia''s energy sector, the primary source of revenue fueling Russia''s war against Ukraine. The Department of State is