Tag: Sanctions

Energy, Industry Focus Areas

U.S., Allies Prepare Fresh Sanctions on Russian Oil Industry

January 11, 2023

Via: The Wall Street Journal

The U.S. and its allies are preparing their next round of sanctions on Russia’s oil industry, aiming to cap the sales prices of Russian exports of refined petroleum products in a step some market watchers warn could squeeze global supply. […]

Energy, Industry Focus Areas, Logistics, Process

EU Shipowners Race to Move Russian Oil Before Sanctions Kick In

July 17, 2022

Via: The Wall Street Journal

Tanker owners in Europe are shipping as much Russian crude as possible before energy sanctions against Moscow take effect in December. Since Russia’s invasion of Ukraine in February, Western nations have pledged to wean themselves off crude from Moscow and […]

Energy, Industry Focus Areas

Russia’s Energy Industry Is Starting to Feel the Bite of Sanctions

March 23, 2022

Via: The Wall Street Journal

President Vladimir Putin’s war in Ukraine, and the wave of Western sanctions in response, is starting to hit Russia’s economic engine: Its prodigious oil-and-gas industry. The U.S. and Canada have barred the little Russian oil they import, while the European […]

Industry Focus Areas, Motorized Vehicle, Regulations

Sanctions Leave Jeep Maker Stellantis’s Russian Plant in Limbo

February 23, 2022

Via: The Wall Street Journal

Stellantis NV is prepared to shift or limit production in Russia if Western sanctions disrupt those operations, the auto maker’s CEO said Wednesday, a sign of how the car industry is navigating the fallout of Russian President Vladimir Putin’s decision […]