Opening Hour
Mon - Fri, 8:00 - 9:00
Call Us
Email Us
MENU
Home
About Us
Products
Contact Us
us sanctions on energy storage equipment
Oil majors and commodity traders at risk from new sanctions on
However, the G7''s threat of financial and economic sanctions on "a wide array of sectoral and individual targets" could still hit oil companies such as BP, Shell and ExxonMobil, and
US hits Chinese firms with new Iran oil sanctions
The US on Thursday imposed sanctions on companies it accused of involvement in Iran''s petrochemical and petroleum trade, including some based in China and India, pressuring Tehran as it seeks to
Treasury Hardens Sanctions With 130 New Russian Evasion and
Today''s sanctions focus on individuals and entities abetting Russia''s unconscionable war against Ukraine by providing Russia with much-needed technology and equipment from third countries. Additionally, these actions take aim at Russia''s domestic industrial base, which is seeking to reinvent itself as the maintainer of Russia
Can the EU and US end their dependence on Russia''s nuclear energy industry?
January 18, 2024 by Ihor Moshenets. Russia''s invasion of Ukraine resulted in the EU and the US quickly imposing sanctions on imports of Russian oil and gas. But sanctions on Russia''s nuclear exports have been far lighter because alternatives are hard to find. Ihor Moshenets at the Central European University takes a deep dive into the
Sanctions by The Numbers: The Russian Energy Sector
Major Takeaways. The United States and European Union began imposing significant sanctions on Russia''s energy sector in 2014. However, both the legacy and new sanctions have largely left Russia''s ability to maintain current upstream production and
EU sanctions tracker: energy sector and products | Simmons
This tracker is a summary, focused on the energy sector as well as energy products, of the restrictive measures imposed by the EU in response to Russia''s invasion
Protecting Europe''s Energy Security Act (PEESA), as Amended
The Department of State is committed to fully implementing sanctions authorities in the Protecting Europe''s Energy Security Act of 2019 ("PEESA" or "the Act," Title LXXV, National Defense Authorization Act for Fiscal Year 2020, Pub. L. No. 116-92), as amended on January 1, 2021 by the National Defense Authorization Act for FY2021
Myanmar Armed Forces Day: UK announces fresh sanctions on aviation fuel and military equipment
New UK sanctions will target those who supply the Myanmar regime with materials, including military equipment, which are still being used to attack its civilians.
New US sanctions target Russia and Russian sanctions evaders in
Energy, aerospace, diamonds, and precious metals: OFAC designated over 15 energy storage and power supply entities, 5 entities involved in Russia''s
International Trade Laws and the Clean Energy Industry: How to Keep Regulatory Issues from Short-Circuiting Your Company''s Growth
New restrictions on international trade have become near-daily headlines. Sanctions, export controls, restrictions on foreign investment in the U.S., and actions prohibiting the importation of
Russia foils western sanctions on natural gas project as shipments
The shipment shows how Russia has been able to bolster its energy industry with Beijing''s help, despite western attempts to kill the project and cripple Russia''s LNG ambitions. The US placed
US extends authorization for some energy transactions otherwise
The general license extends until Nov. 1, 2024, the authorization for transactions that would otherwise be prohibited by U.S. sanctions, Treasury''s Office of
Wally Adeyemo: The US is ready to impose sanctions on foreign
That''s why we''re seeing Russia pulling Soviet-era tanks and equipment out of storage even as our coalition has equipped Ukraine with modern technology. The war and our actions have had a
Oil, gas, and war: The effect of sanctions on the Russian energy
Russian oil exporters have managed to reduce these Asian discounts. In the second quarter of 2023, Urals oil prices rebounded to $55–58 per barrel. They exceeded $60 per barrel in July 2023 and reached $80 per barrel in September 2023. Overall, Asian price discounts for Urals oil have been reduced to $10–12 per barrel.
Treasury Sanctions Companies Involved in Production, Sale, and
WASHINGTON — Today, the U.S. Department of the Treasury''s Office of Foreign Assets Control (OFAC) sanctioned nine entities across multiple jurisdictions that have played a critical role in the production, sale, and shipment of hundreds of millions of dollars'' worth of Iranian petrochemicals and petroleum to buyers in Asia. Treasury is
US imposes sanctions as Russia invades Ukraine • The Register
Wed 23 Feb 2022 // 00:20 UTC. The US government has imposed further sanctions on Russia after the Kremlin sent tanks into Ukraine''s breakaway regions today. Uncle Sam also left the door open to block chip exports to Russia. Russia moved in ostensibly on a peace-keeping mission to protect Donetsk and Luhansk, two separatist territories in
US bans imports of Russia energy products; bans exports of oil refinery equipment
—Oil and gas field wire line and downhole equipment, or —Other. 847989 or 854370 Naphtha isomerisation units 8479.89.9850, or 8479.89.9900 —Oil and gas field wire line and downhole equipment, or —Other. 847989 or 854370 Polymerisation units 8479.89.
EU to place sanctions on 19 tankers including LNG | Reuters
EU countries adopted the 14th package of sanctions against Russia earlier on Monday. These included a ban on trans-shipments of Russian LNG off EU ports that will take effect after 9-month
Q&A | Potential Impacts of New US Sanctions on Iran''s Oil Exports to China
It opposes unilateral sanctions and attempts by third countries to interfere in China''s energy trade, which officials reiterated after President Biden signed the new sanctions. [23] Additionally, discounts on Iranian crude have benefitted China''s refining industry as China faces economic headwinds.
U.S. imposes new sanctions on Russia for its war and use of
In this action, the Department of State is imposing sanctions on more than 80 entities and individuals, including those engaged in: development of Russia''s future energy, metals, and mining production. The United States has lately chosen to impose sanctions on over 280 persons and businesses in order to increase the financial burden
With Over 300 Sanctions, U.S. Targets Russia''s Circumvention and
OFAC''s sanctions on 22 individuals and 104 entities, with touchpoints in more than 20 countries or jurisdictions, target those attempting to circumvent or evade
Assessing US Sanctions on China – The Diplomat
Assess the efficacy of the EU''s de-risking approach to China vis-à-vis U.S. decoupling. Europe is in a much trickier spot to de-risk from China than the U.S. for two reasons. First, the bloc is
Trump Executive Order: Impact on Energy Storage
Deanne Barrow. Caileen Gamache. June 09, 2020. On May 1, President Trump issued an Executive Order banning the use of certain unspecified grid equipment manufactured by foreign adversary
Serica Energy gets renewed US sanctions waiver for Rhum
Enjoys a lemon drizzle cake: CEO Mitch Flegg. UK oil and gas firm Serica Energy has managed to extend a US sanctions waiver for its Rhum gas field in the northern North Sea. The London-listed firm
Sanctions by The Numbers: The Russian Energy Sector
This installment of the Center for a New American Security (CNAS) Sanctions by The Numbers series examines the coercive economic measures, including sanctions, export controls, and price caps, that the United States and European Union implemented to curb future revenue from the Russian oil, gas, minerals and mining, and
US Vanadium and CellCube partner on flow battery electrolyte production ramp up in Arkansas
Further downstream, US-British VRFB manufacturer Invinity Energy Systems said a few days ago that it is ramping up production at its facilities in Bathgate, Scotland, in response to growing demand. The company declined to reveal its annual production capacity figures but said they have more than doubled since the beginning of
Ukraine updates: US sanctions Russia, China firms over war
The United States has imposed nearly 300 new sanctions on firms for their support of Russia''s war in Ukraine. The sanctions target more than a dozen companies in Hong Kong and China, which the US
Energy Sanctions and the Global Economy: Mandated vs Unilateral Sanctions
In terms of sanction design, sanctions and embargo announcements have so far been decentralized and voluntary. In previous episodes, sanctions have been enforced, and breaching them was punished. The paper asks whether the unilateral or the mandated model will be more successful in maximizing damage to Russia''s energy
EU sanctions tracker: energy sector and products | Simmons
Publication. This tracker is a summary, focused on the energy sector as well as energy products, of the restrictive measures imposed by the EU in response to Russia''s invasion of Ukraine. It aims at keeping you up-to-date with the latest developments related to restrictive measures that may impact your business in field of the energy sector.
New US sanctions target Russia and Russian sanctions evaders in financial, technology, defense, energy
Energy, aerospace, diamonds, and precious metals: OFAC designated over 15 energy storage and power supply entities, 5 entities involved in Russia''s aerospace sector, and Russia''s state-owned exporter of rough and
Despite Sanctions, U.S. Defense Still Sources from China
Yesterday, the Biden Administration placed sanctions on an additional twenty-eight international entities involved in the war in Ukraine. Nine of these, including China''s Asia Pacific Links Ltd., are accused of providing the Russian Special Technology Center with dual-use drone equipment used by the Kremlin''s Main Intelligence Directorate.
Factbox: EU sanctions on Iran | Reuters
(Reuters) - Here is a look at EU sanctions on Iran: Skip to main content Exclusive news, data and analytics for financial market professionals Learn more about Refinitiv
Digging deeper: How US sanctions on Chinese PV
The U.S. is taking a multifaceted approach to addressing forced labor allegations against Chinese suppliers of silicon and polysilicon. This article assess the impacts for the solar panel supply chain. by
[News] US Reportedly Targets Key Chip Manufacturing Equipment
[News] US Reportedly Targets Key Chip Manufacturing Equipment, Urges Allies to Tighten Maintenance Services 2024-03-29 Semiconductors editor The US government, according to a report from Reuters, is asking allies to stop domestic companies from servicing certain chip-making tools for Chinese customers, a U.S. Commerce
US sanctions Russian energy sector while allowing various energy
Today''s action bans the importation into the United States of Russian crude oil, certain petroleum products, liquefied natural gas (LNG), and coal; new US "investment" in Russia''s energy sector by US persons; and financing or enabling non-US entities to engage in transactions otherwise prohibited by US persons.
Taking Additional Measures to Degrade Russia''s Wartime
As G7 leaders prepare to meet in Italy, the United States is today sanctioning more than 300 individuals and entities to degrade Russia''s capability to
US bans imports of Russia energy products; bans exports of oil
The EO specifically prohibits the importation of Russian energy products into the US, as well as any US investment in the Russian energy sector along with any
US and European Energy Security amid Great-Power Competition
Energy security is a crucial consideration for all nations, as it has a direct impact on a state''s military might, its economic growth, and the well-being of its citizens. 1 The International Energy Agency defines energy security as "the uninterrupted availability of energy sources at an affordable price." 2 Militaries, economies, and individual citizens
U.S. Expands Russian Energy Sector Sanctions, Proposes Major
On March 8, President Biden signed EO 14066 to ban the import into the United States of crude oil, petroleum; petroleum distillates, liquefied natural gas, coal or coal products
