Search: Oil,Sanctions (6 materials)

Iran’s Oil Sector under Renewed Sanctions: Adopting to the New Reality

... majority of sanctions were lifted in January 2016, Iran managed to increase its oil production by 720,000 barrels a day (23 percent increase) in two years, from 3.15 mbd in 2015 to 3.87 mbd in 2017. Thus, Tehran managed to restore and even exceed its pre-sanctions oil production level of 3.7 mbd, although it failed to fulfill its initial plan. With that, Iran still had good chances if not to increase oil production further at least to maintain it at about 3.9 mbd level. Eventually, the U.S. decision to withdraw ...

08.07.2019

Sanctions Activity of the US and the EU in Regard to Russia: Consequences for Arctic Projects

... within the Arctic Council, many of its members and observers maintain sanctions pressure on Russia. In 2014, the US and the European Union (EU) introduced restrictive measures against the Russian Federation, which are actively associated with a notion of sanctions in the foreign doctrine [ 1 ]. Ivan Panichkin: Arctic Oil and Gas Resource Development: Current Situation and Prospects? However, it should be noted that the prevailing point of view in the Russian legal doctrine is that the notions of sanctions and unilateral restrictive measures should not be confused....

15.10.2018

Will the Pearl Reveal Itself: What is in Store for the Iranian Oil & Gas Industry?

... independent and self-sufficient while living under sanctions. For instance, an Iranian oil company is the largest tanker owner in the world, managing far more oil tankers than any of its neighboring fellow oil exporters. This allowed Iran to overcome the sanctions that targeted its oil trading activities by prohibiting international banks from insuring oil trade with this country. There is hardly anyone who is more aware of the necessity of making national industries more independent and developed than the current oil minister Bijan ...

03.05.2017

Sanctions vs. Cheap Oil: What is More Dreadful for Russia’s Fuel & Energy Complex?

... partners, and might worsen relations with the USA, China, Japan, and India. The legislation introduced to the U.S. Congress by ten Senators calls for an almost total ban for foreign companies to participate in Russian energy projects. Should the new sanctions be applied, both oil and gas projects will come under threat. In particular, the China Development Bank, China Exim Bank, Japan Bank for International Cooperation, and Intesa (Italy) might have no time to transfer the approved loans for the Yamal LNG project, while NOVATEK’s ...

26.04.2017

To Explore and Develop

... resources in the Arctic – Rosneft and Gazprom (including Gazprom Neft). In addition, restrictions were placed on the ability of Russian oil companies and banks to attract financing from abroad. Natural Resources of the Arctic (In Russian) These sanctions have already led to a number of foreign oil companies, including Exxon Moblie, suspending their participation in Russian Arctic shelf projects. The level of dependence on “Western” equipment and services to carry out projects on the Arctic shelf – offshore drilling rigs, pump ...

24.11.2015

A Chess Match for the Control of Oil

... Discovered Attack: the Fork In my view, though, his words still conceal the identity of the intended targets of this operation. Breaking another economy through a oil price war alone might prove a risky endeavor when the attacker is highly dependent on oil themselves, but chances of success could be improved if pressure is applied by other means, namely if economic sanctions are added to the equation. So, talking about the real targets, Russia is the only one really mentioned by the Minister, and given the tones of West's foreign policy, there was no need to dissimulate this occurrence, because doing so ...

30.12.2014

Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
 
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