Search: USA,Sanctions,Oil (8 materials)

US Sanctions Against Venezuela: A Temporary Easing?

Success in Venezuela is important for American diplomacy For a long time, Washington has consistently increased sanctions pressure against the government of Nicolas Maduro. Back in December 2014, the Venezuela Defence of Human Rights and ... ... President Donald Trump signed Executive Order 13808, which imposed restrictions on the primary market debt of the Venezuelan state oil company PdVSA, as well as on the debt obligations of the Venezuelan government . Executive Order18827 (2018) defined bans ...

03.11.2023

OPEC+ Cuts Production

The West believes the decision to cut oil production undermines the Western economies, thus denying OPEC+ nations the right ... ... starting in May 2023, but if we take into account Russia’s announced cut by 500 thousand bpd from March 2023, the total reduction of global supply will be close to 1.66... ... to cut oil production, many critics interpreted it as a forced measure. They say the sanctions are doing their job, and Russia can no longer produce enough oil without Western...

26.04.2023

Oil Price Threshold: Action and Reaction

... financial, insurance and other services in EU jurisdiction. The wording of paragraph 7 of Art. 3n of EU Council Regulation No 833/2014 suggests that we are talking about any ship, regardless of the country of origin . Yulia Sokolshchik: USA Versus USA: Why American Business Also Loses from Sanctions Similar problems may also arise when a Russian insurance company is set up to serve bulk oil shipments, or if one or another company from friendly countries is involved. Here, the United States and its allies also have the instrument of secondary sanctions in their hands. The same goes for financial transactions. Operations in the currencies ...

30.11.2022

Price Cap on Russian Oil: The Mechanism and Its Consequences

In fact, the sellers’ market is being changed into the buyers’ market by artificial political methods rather than for economic reasons G7 countries are working hard to coordinate a sanctions regime to cap prices on Russian oil and oil products. The United States is already drafting a mechanism for applying these sanctions, which its allies and partners will use as a guideline. The new sanctions in the form of legal arrangements are expected to be formalised very soon. How ...

15.09.2022

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

After US decision to withdraw from JCPOA and to reintroduce sanctions, Iran’s oil sector feels more pressure and uncertainty Almost four years ago, after years of difficult negotiations, the Iran nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA), was signed. Many viewed it as a diplomatic triumph, which ...

08.07.2019

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

Threats and Challenges for Russia’s Arctic Activity under Sanctions Since the end of the past century, the definition of the Arctic as the ... ... 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... ... results of production on the Prirazlomnoe field discovered in 1989 in the Pechora Sea allowed to ship and deliver 300 thousand tons of oil to the port of Rotterdam in 2014...

15.10.2018

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

... investors, but it also strengthens the positions of the Iranian conservatives right before the election. The previous time conservatives came to power – in 2005 – the oil and gas sector of Iran entered a new period of degradation caused by the imposed sanctions and an unprecedented increase in the administrative body of the ministry of oil, which incorporated literally thousands of the Iranian Revolutionary Guard members (close to the president M. Ahmadinejad). If the current reformist cabinet spearheaded by president Rouhani, foreign minister J. Zarif, and oil minister B.N. Zangeneh departs from power, the future of the ...

03.05.2017

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

... clear. Rosneft is likely to lobby for the liberalization of access to shelf deposits, as most of the blocks are already split between them and Gazprom. However, it might be difficult to reach a consensus with the Russian leadership in the case that the USA strengthens sanctions against the Russian oil and gas sector. What Will the New Sanctions Lead to? Pavel Sharikov: How to Make Russia-U.S. Relations Great Again? The adoption of the new anti-Russian sanctions will definitely complicate the life of the above mentioned foreign partners, and might ...

26.04.2017

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%)
For business
For researchers
For students