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Keywords: Sanctions


PDVSA restricts oil sales to firms without individual US licences amid sanctions uncertainty

Venezuela’s state oil company, Petróleos de Venezuela, S.A. (PDVSA), has limited crude sales over the past two weeks to companies holding individual licences from the United States, curbing exports despite a broader general licence issued by US authorities earlier this year. According to......

Canada and Chile pledge humanitarian aid to Cuba amid fuel crisis

Canada and Chile have announced new humanitarian assistance for Cuba as the Caribbean nation grapples with a deepening fuel shortage that the United Nations warns could spiral into a broader humanitarian collapse, compounded by intensified pressure from the United States. The Canadian Network on Cuba......

TotalEnergies seeks clarity on scope of EU ban on Russian LNG

TotalEnergies is pressing French and European authorities for clarification on how the upcoming European Union ban on Russian liquefied natural gas will be enforced, after Chief Executive Patrick Pouyanné warned that a broad interpretation of the rules could prevent European companies from marketing......

US energy secretary pledges dramatic rise in Venezuela oil output

US Energy Secretary Chris Wright arrived in Caracas on Wednesday for talks with Venezuela’s interim president Delcy Rodríguez, marking the highest level visit by a US energy official to the South American country in nearly three decades. The meeting at the Miraflores presidential palace......

France expands humanitarian visas for Iranians fleeing crackdown

France will increase the number of humanitarian visas granted to Iranians seeking asylum as Tehran intensifies its crackdown on nationwide protests, Foreign Minister Jean-Noël Barrot told parliament on Wednesday. Barrot said France would offer greater protection to political opponents and activists......

Sanctioned oil tankers shift to Russian flag amid Western seizures

Nearly 70 oil tankers linked to Russia’s so called shadow fleet have reflagged under the Russian registry since May 2025, responding to a sharp escalation in Western sanctions enforcement that has left stateless vessels exposed to seizure on the high seas, according to maritime intelligence firm......

Russian Arctic resort becomes hub for sanctioned LNG tankers

The remote Arctic village of Teriberka on Russia’s Kola Peninsula, long known for northern lights tours and whale watching excursions, is taking on a new role as a logistical hub for sanctioned liquefied natural gas carriers operating around Western restrictions. On Feb. 10, three LNG tankers......

Russia oil revenues hit lowest level since pandemic

Russia’s oil and gas tax revenues fell in January to their lowest monthly level since the COVID-19 pandemic, highlighting the mounting strain Western sanctions are placing on the Kremlin’s ability to finance its war effort. State income from the energy sector dropped to 393 billion rubles,......

Novatek profit plunges 62 percent as sanctions hit LNG business

Russian energy company Novatek reported a sharp drop in net profit for 2025, underscoring the growing strain Western sanctions are placing on Moscow’s liquefied natural gas sector. The country’s largest LNG producer said net income fell to 183 billion rubles, or about 2.37 billion dollars,......

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