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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…

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

Abu Dhabi's Al Seer Marine Buys LPG Tanker Duo for $67M to Meet Growing Demand

Abu Dhabi's Al Seer Marine Buys LPG Tanker Duo for $67M to Meet Growing Demand

Oil Plus Wins Produced Water Projects Off Qatar

Oil Plus Wins Produced Water Projects Off Qatar

Western Gas Spuds Sasanof Well, Offshore W. Australia

Western Gas Spuds Sasanof Well, Offshore W. Australia

Equinor Plans Investment Decision on S. Korea Floating Offshore Wind Farm in 2024

Equinor Plans Investment Decision on S. Korea Floating Offshore Wind Farm in 2024

Shell in Talks with Indian Consortium to Sell Russian LNG Plant Stake

Shell in Talks with Indian Consortium to Sell Russian LNG Plant Stake

LNG Prices Could Stay High for a Few Years, Woodside CEO Says

LNG Prices Could Stay High for a Few Years, Woodside CEO Says

LNG Momentum Swinging Back to Asia as Europe Demand Eases: Russell

LNG Momentum Swinging Back to Asia as Europe Demand Eases: Russell
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