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Why Forcing ExxonMobil Out Of Russia Isn't Going To Help Anything

2014-09-15 00:05:04| IT Services - Topix.net

From Texas, I mostly cover the energy industry and the tycoons who control it. I joined Forbes in 1999 and moved from New York to Houston in 2004.

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Fresh sanctions will freeze big foreign oil projects in Russia

2014-09-14 18:06:19| Energy - Topix.net

Fresh U.S. and EU sanctions imposed on Moscow will bring an abrupt halt to exploration of Russia's huge Arctic and shale oil reserves and complicate financing of existing Russian projects from the Caspian Sea to Iraq and Ghana. On Friday, the United States imposed sanctions on Gazprom, Gazprom Neft, Lukoil, Surgutneftegas and Rosneft, banning Western firms from supporting their activities in exploration or production from deep water, Arctic offshore or shale projects.

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US, EU levy sanctions on Russia despite cease-fire

2014-09-14 13:38:19| Oil & Gas - Topix.net

Unsatisfied with a fragile cease-fire in Ukraine, the United States and the European Union levied new sanctions Friday against major Russian banks and defense companies, as well as penalties aimed at curtailing Russia's ability to develop oil and gas projects. But the restrictions on Russia's energy sector were carefully crafted to avoid impacting the country's current production of oil and gas, a move that would raise global energy prices at time of weak economic growth.

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US stocks drop on Russia sanctions, Fed speculation

2014-09-13 14:36:03| Oil & Gas - Topix.net

US stocks dropped Friday as the West slapped new sanctions on Russia and traders saw a higher chance the Federal Reserve next week will accelerate its timeline to raise interest rates. The broad-based S&P 500 fell 11.91 to 1,985.54, while the tech-rich Nasdaq Composite Index lost 24.21 at 4,567.60.

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US, EU levy sanctions on Russia despite cease-fire

2014-09-12 23:23:42| Energy - Topix.net

Unsatisfied with a fragile cease-fire in Ukraine, the United States and the European Union levied new sanctions Friday against major Russian banks and defense companies, as well as penalties aimed at curtailing Russia's ability to develop oil and gas projects. But the restrictions on Russia's energy sector were carefully crafted to avoid impacting the country's current production of oil and gas, a move that would raise global energy prices at time of weak economic growth.

Tags: russia levy sanctions ceasefire

 

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