News & Analysis as of

Russia Oil & Gas Sanctions

Skadden, Arps, Slate, Meagher & Flom LLP

UK Sanctions Update: New Designations, Lowered Oil Cap and Continued Focus on Combatting Circumvention

- What is new: UK Russian sanctions were strengthened with new designations and a reduced oil price cap. The government also published its cryptoassets threat assessment, issued guidance on sanctions for non-UK businesses and...more

Venable LLP

Outgoing Administration Issues Sweeping Russia Energy Sector Sanctions

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On January 10, 2025, the US government issued the latest round of sanctions targeting Russia’s revenue sources used to fund its war in Ukraine....more

Katten Muchin Rosenman LLP

OFAC Sanctions Russia's Energy Sector

In an effort to reduce Russian energy revenues being used to fund the war against Ukraine, on January 10, 2025, the United States Department of the Treasury's Office of Foreign Assets Control (OFAC), issued a “determination”...more

Ropes & Gray LLP

Russia/Ukraine Crisis: U.S. Targets Russia’s Energy Industry

Ropes & Gray LLP on

On January 10, 2025, the United States announced (another) major sanctions package targeting Russia, potentially representing the Biden administration’s last and best effort to strengthen Ukraine’s negotiating position in...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Announces Creation of New Trade Sanctions Enforcement Agency and Introduces Further Sanctions Against Russia

With Russia’s invasion of Ukraine nearing the end of its second year, the United Kingdom has continued to introduce sanctions measures against Russia, with the latest round announced on 14 December 2023....more

J.S. Held

The Energy War in Europe: Gas and the Russian Oil Price Cap

J.S. Held on

In tandem with the military conflict in Ukraine, an equally aggressive campaign is being waged over the supply of gas and oil from Russia. On 5 September 2022, Russia gave up the pretence that solely technical problems...more

Brownstein Hyatt Farber Schreck

President Biden to Sign Executive Order Banning Imports of Russian Oil, Liquefied Natural Gas, and Coal

On Tuesday, March 8, the White House announced it was further strengthening the sanctions on Russia, with President Biden scheduled to sign an Executive Order (EO) banning U.S. imports of Russian oil, liquefied natural gas...more

Snell & Wilmer

The Russia-Ukraine Conflict: How to Prepare for Looming Sanctions

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As the Russia-Ukraine conflict escalates, the U.S. Government has started to implement new sanctions on Russian entities on top of the ones that already existed. On February 21, 2022, the Executive Order on Blocking Property...more

American Conference Institute (ACI)

[Virtual Conference] Navigating Russia Sanctions Complexities - September 27th, 10:00 am - 5:00 pm EDT

Unravel the multiple layers of primary and secondary Russia Sanctions and strengthen your analytical decision-making process. The Russia sanctions landscape continues to evolve in many significant ways. ACI’s 4th...more

Flaster Greenberg PC

Nord Steam 2 Saga Ends As Biden Waives Sanctions

Flaster Greenberg PC on

The dispute over the controversial oil and gas pipeline known as “Nord Stream 2” ended on Wednesday when the United States Department of State announced that the Biden administration was waiving sanctions against the...more

K2 Integrity

Biden Ramps Up Russia Sanctions Pressure

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On April 15, 2021, the Biden Administration imposed new sanctions on Russia in response to: (1) its efforts to interfere in U.S. and other countries’ elections; (2) the Solar Winds hacks; and (3) Russia’s continued occupation...more

Bracewell LLP

International Sanctions and the Energy Sector – Part 2: Russia

Bracewell LLP on

In the first part of this three part series we considered the impact of President Trump’s decision to re-impose sanctions on Iran’s energy sector with effect from 5 November 2018. However, Iran is not unique. Other nations...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - May 2018 #3

Study Finds No Evidence of Groundwater Contamination Attributable to Natural Gas Development - "A multi-year study conducted by researchers at the University of Cincinnati, and partly funded by organizations opposed to...more

Jones Day

U.S. Government Takes Steps Toward Implementation of Sanctions on Russia

Jones Day on

The United States has taken significant steps toward fully implementing the sanctions imposed on Russia pursuant to the Countering America’s Adversaries Through Sanctions Act of 2017, which codifies and strengthens certain...more

Sheppard Mullin Richter & Hampton LLP

In the Chaos of (Trade) War, Where Does Your Company Find Peace?

On July 27, 2017, the U.S. Congress sent to President Trump’s desk a bill that imposes new financial sanctions against Russia, Iran, and North Korea. It appears nearly certain that the president will sign that bill, now...more

King & Spalding

New Russia Sanctions Legislation

King & Spalding on

The U.S. Senate passed this week a measure to codify, strengthen and expand sanctions against the Russian Federation in response to its activities in Ukraine, cyber-attacks, interference in the U.S. Presidential election, and...more

Akin Gump Strauss Hauer & Feld LLP

Red Notice Newsletter - October 2015

Welcome to the October 2015 edition of Red Notice, a publication of Akin Gump Strauss Hauer & Feld LLP. This month on the anticorruption front, a Japanese multinational conglomerate settles U.S. Securities and Exchange...more

Akin Gump Strauss Hauer & Feld LLP

Russia Sanctions Update

On September 2, 2015, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) issued a final rule amending the Export Administration Regulations (EAR) by adding 29 parties to its Entity List, a...more

Akin Gump Strauss Hauer & Feld LLP

Red Notice Newsletter - August 2015

Welcome to the August 2015 edition of Red Notice, a publication of Akin Gump Strauss Hauer & Feld LLP. This month on the anticorruption front, the U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange...more

King & Spalding

Energy Newsletter - February 2015

King & Spalding on

In This Issue: - LEX PETROLEA: Sources and Successes of International Petroleum Law - The Top 10 Questions Facing the LNG Industry in 2015 - Drilling Contracts – Avoiding Misunderstanding - Iran's Upstream...more

Eversheds Sutherland (US) LLP

Congress Authorizes New Ukraine-Related Sanctions Against Russia

On December 18th, President Obama signed into law the “Ukraine Freedom Support Act of 2014,” authorizing stricter sanctions against Russia, and also increasing military and non-military assistance for Ukraine. Although the...more

BakerHostetler

U.S. Enacts New Russia Sanctions Law; President Obama Imposes Trade/Investment Embargo on Crimea

BakerHostetler on

On December 18, President Barack Obama signed the Ukraine Freedom Support Act of 2014 (UFSA) into law. Passed by the Congress in response to Russia’s support of the pro-Russian insurgency in eastern Ukraine, it authorizes...more

Bennett Jones LLP

Canada Imposes New Trade Restrictions on Russia’s Oil Exploration and Extraction Sector

Bennett Jones LLP on

On Friday, December 19, 2014, the Government of Canada announced amendments to the Special Economic Measures (Russia) Regulations to impose product-specific restrictions on the supply of certain goods to Russia’s oil sector,...more

Morgan Lewis

New Senate Bill Significantly Expands U.S. Sanctions Against Russia

Morgan Lewis on

The bill, if passed, would impose severe sanctions on “foreign persons” that make significant investments in Russian crude oil projects....more

Latham & Watkins LLP

New EU Sanctions Target Russian Oil Sector, State-Owned Banks and Military Exports

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The European Union (EU) enacted Council Regulation (EU) No 833/2014 (the Regulation), which contains ‘Stage 3’ sanctions against Russia. These sanctions resemble – but in other ways are different – from the latest US...more

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