News wire — The European Union on Friday formally adopted new sweeping sanctions against Russia, including bans on the import…
Browsing: Sanctions
Brussels — The European Union formally approved on Tuesday a new barrage of sanctions against Russia for its invasion of…
OpeOluwani Akintayo Lagos — Following report of fuel scarcity currently being experienced in the country, the Department of Petroleum Resources,…
Ike Amos Abuja — The Petroleum Products Pricing Regulatory Agency (PPPRA) has tightened the guidelines for the supply of petroleum…
TEHRAN — Iran is expanding its oil-production capacity in anticipation that an eventual end of sanctions would allow it to…
New York/Houston/London/Singapore — Freight rates to ship U.S. crude to Asia continued to surge, with costs to charter a supertanker…
OpeOluwani Akintayo Lagos — The Nigerian National Petroleum Corporation, NNPC, and Nigeria Security and Civil Defence Corps, NSCDC have pledged…
The Department of Petroleum Resources, DPR on Monday lifted the sanctions melted on a downstream marketing company
WASHINGTON — The United States sanctioned Iran’s largest petrochemical holding group on Friday for indirectly supporting the Islamic Revolutionary Guard Corps, IRGC, a step it said aimed to dry up revenues to the Iranian military unit but that analysts called largely symbolic. Friday’s sanctions targeted the Persian Gulf Petrochemical Industries Company (PGPIC) for providing financial
U.S. takes alleged sanctions breaches seriously, will take action if needed – U.S. official. The United States takes all alleged sanctions violations
