LogIn LogOut

Sanctions News

 

Brent Crude Soars to $139 a Barrel as U.S., Europe Mull Russian Oil Import Ban

Mar 07, 2022

Oil prices spiked to their highest levels since 2008 on Monday as the United States and European allies weighed a Russian oil import ban and delays in the potential return of Iranian crude to global markets fuelled supply fears.In the first few minutes of trade Brent crude reached $139.13 and U.S. West Texas Intermediate (WTI) hit $130.50, both benchmarks striking their highest levels since July 2008…

Japan Responds to Fresh Sanctions on Arctic LNG 2

Sep 19, 2023

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…

Asia Gets Most of Russian Dark Fuels after EU Embargo

May 25, 2023

Asian countries remain the lead destinations for Russian vacuum gasoil (VGO) and fuel oil exports after the European Union's embargo, traders said and Refinitiv data showed. 'Pretty stable flows for refining and bunkering', one trader said. According to Refinitiv data…

Japan Insurers in Talks with Reinsurers to Resume Coverage in Russian Waters

Dec 27, 2022

Three Japanese insurance companies that are set to halt marine coverage of risks related to the war in Ukraine starting next month are in talks with reinsurers to resume those operations, they said on Monday. Tokio Marine & Nichido Fire Insurance…

Ban on Russian Commodity Exports to Accelerate LNG Growth, Energy Transition - Wood Mackenzie report

Jun 16, 2022

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…

India's ONGC Struggling to Move Russian Oil

Apr 26, 2022

India's Oil and Natural Gas Corp (ONGC) is struggling to find a vessel to ship 700,000 barrels of crude from Russia's Far East, in a growing sign that complex trades involving one of Moscow's biggest partners are being interrupted by Western sanctions…

U.S. Blacklists China's CNOOC over South China Sea Actions

Jan 14, 2021

The Trump administration added China’s CNOOC to a U.S. economic blacklist on Thursday, accusing the oil giant of helping Beijing intimidate neighbors in the South China Sea and ratcheting up tension days before U.S. President-elect Joe Biden takes office…

Report: Venezuela Resumes Oil Shipments to China Despite U.S. Sanctions

Nov 27, 2020

Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according to Refinitiv Eikon vessel-tracking data and internal documents from state company Petroleos de Venezuela (PDVSA)…

Iran Ready to Continue Fuel Shipments to Venezuela

Jun 01, 2020

Iran will continue fuel shipments to Venezuela if Caracas requests more supplies, the Iranian Foreign Ministry spokesman said on Monday, despite Washington's criticism of the trade between the two nations, which are both under U.S. sanctions…

Current News

Yinson Production Refinances FPSO Anna Nery Through $1B Bond Placement

Yinson Production Refinances FPSO Anna Nery Through $1B Bond Placement

ABL Helps Shelter 45 ONGC Rigs Ahead of Storm

ABL Helps Shelter 45 ONGC Rigs Ahead of Storm

Hess Shareholders Sign Off On $53 Billion Sale to Chevron

Hess Shareholders Sign Off On $53 Billion Sale to Chevron

Oil and Gas Firm Santos Taps Japan's Hokkaido Gas for LNG Supply

Oil and Gas Firm Santos Taps Japan's Hokkaido Gas for LNG Supply

Valeura Starts New Drilling Campaign at Nong Yao Offshore Thailand

Valeura Starts New Drilling Campaign at Nong Yao Offshore Thailand

China’s CNOOC Acquires Five Offshore Blocks in Mozambique

China’s CNOOC Acquires Five Offshore Blocks in Mozambique

Russia Planning New Sea Terminal for LPG Exports to Asia

Russia Planning New Sea Terminal for LPG Exports to Asia

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com