US imposes new sanctions on Russia
The US has imposed new sanctions against Russia over Ukraine, including against Russian energy companies Rosneft and Novatek, limiting the companies’ access to US financing, reports Reuters. Sanctions have also been applied to Gazprombank, Russia’s third largest, and state development bank Vnesheconombank (VEB), as well as on the Feodisiya oil terminal in the Crimean peninsula, the news agency continues, although notably, Gazprom has been left unsanctioned so far.
News Item details
Journal title: Petroleum Review
Region: North America
Subjects: Oil markets, Policy and Governance, Transportation, Transmission and Distribution