US senators have released a sanctions bill targeting Russia, lowering the proposed tariff to 100% from 500% in the previous version in an effort to secure broader congressional support, Reuters reported.
Ho ...
Iran has initiated preliminary talks with Japanese firms to resume crude oil sales under a temporary 60-day US sanctions waiver issued on June 22, Reuters reported. The initial discussions mark a potential return ...
The Trump administration allowed a sanctions waiver that had enabled countries, including India, to buy Russian seaborne crude, to lapse
The US has imposed sanctions on three individuals and nine companies for facilitating Iranian oil shipments to China, including entities based in Hong Kong, the United Arab Emirates, and Oman.
The US will not renew a 30-day sanctions waiver on Iranian oil shipments at sea set to expire this week, while also allowing a similar waiver on Russian oil to lapse over the weekend.
India is poised to receive its first shipment of Iranian oil in seven years, following the temporary lifting of US sanctions on Iranian crude and refined products to ease global supply pressures, according to Reut ...
US energy majors ExxonMobil and Chevron have expressed tentative interest in re-engaging with Venezuela’s petroleum sector following the easing of US sanctions, provided that the country establishes robust legal a ...
US oil major Chevron is in discussions with the Trump administration to broaden a key authorization that would allow the company to increase crude oil exports from Venezuela, including shipments to its own refiner ...
Russian President Vladimir Putin has extended by one year the deadline for the sale of ExxonMobil’s stake in the Sakhalin‑1 oil and gas project, giving the US major until January 1, 2027, to complete an exit deal, ...
Britain added Egypt's Zohr gas field to a list of projects exempt from its Russia sanctions on December 18, according to Reuters. The exemption applies to the Mediterranean field where Russian oil major Rosneft ho ...
