UAE company interested in acquiring Lukoil's foreign assets
Abu Dhabi-based investment fund International Holding Company (IHC) has expressed interest in acquiring Lukoil’s foreign assets.
Abu Dhabi-based investment fund International Holding Company (IHC) has expressed interest in acquiring Lukoil’s foreign assets.
The United States has imposed sanctions against five Russian citizens and seven companies allegedly associated with them under the pretext of combating cybercrime, according to relevant data on the website of the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC).
U.S. President Donald Trump is willing to sign a bill tightening sanctions against Russia as long as he retains ultimate decision-making authority over any such measures, Reuters reported citing a senior White House official.
U.S. President Donald Trump has expressed the readiness to support a Congress bill imposing sanctions on countries doing business with Russia. …
The United States has decided to exempt the Karachaganak field development project, the Caspian Pipeline Consortium (CPC) and Tengizchevroil from sanctions against Rosneft and Lukoil, according to General License No. 124B released by the U.S. Department of the Treasury.
Russia's second-largest energy company Lukoil has filed for an extension to the U.S. Treasury's deadline which prohibits transactions with the Russian …
Russia and Turkey have not yet resolved all issues related to mutual settlements affected by sanctions, Russia's charge d'affaires ad interim in Turkey Alexey Ivanov said on the sidelines of the 16th Asian Conference of the Valdai …
Seven EU countries have issued a joint call to impose tariffs on more Russian products, Politico reported.
The European Union has stopped issuing multiple-entry Schengen tourist visas to Russian citizens in most cases, Politico reported, citing European officials.
Belgian depository Euroclear has begun unfreezing Russian investors’ assets without obtaining a license from the Office of Foreign Assets Control (OFAC), RBC news agency reported quoting a large broker that deals with the unfreezing of such assets.
Bulgarian officials are seeking an exemption from US sanctions targeting Russian oil company Lukoil to prevent potential fuel shortages.
U.S. President Donald Trump did not specify whether Washington will make an exception for Budapest from its anti-Russian sanctions.
Hungary is going to seek waivers from U.S. sanctions imposed on Russian companies that disrupt Russian oil and gas supplies to Central European countries, head of Hungarian Prime Minister Viktor Orban's Office Gergely Gulyas said.
The European Union has become the largest buyer of Russian liquefied natural gas, even as the 19th sanctions package includes a phased ban on LNG imports from Russia, the Guardian reported, citing data from the Centre for Research on Energy and Clean Air.
OPEC is ready to raise production by rolling back its oil output cuts further if required to address market shortfalls after the U.S. imposed new sanctions on Russian oil majors, Kuwait's oil minister Tariq Al-Roumi said.
Despite numerous international sanctions, the Russian ruble has demonstrated resilience against various economic shocks and has become the best-performing currency of the year, strengthening significantly against the U.S. dollar.
New U.S. sanctions imposed against Russia complicate the reinstatement of Russian-U.S. ties relations, but it should not be a reason for abandoning relations, Russian Presidential Spokesman Dmitry Peskov said.
The European Union has included a complete ban on imports of Russian liquefied natural gas under short-term contracts from April 25, 2026, and under long-term contracts from January 1, 2027, in its 19th sanctions package, according to a decree by the Council of the EU published in the Official Journal of the EU.
The European Union has approved the 19th package of sanctions against Russia, EU foreign policy chief Kaja Kallas said.
Indian refiners are reviewing bills of lading for Russian crude arriving after November 21 to make sure it is not coming directly from Rosneft or Lukoil, …