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Mevlüt Çavuşoğlu, the Minister of Foreign Affairs of Turkey, said that it was decided to close the airspace of the country for Russian military and civilian airplanes that head to Syria. "We closed airspace to Russia's military planes and even to civilian planes going to Syria and
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EU is discussing the 6th sanction package against Russia, including the hit on the Russian energy market. This was announced by Valdis Dombrovskis, the European Commissioner for Trade and Gintarė Skaistė, the Minister of Finance of Lithuania. Additionally, Gintarė Skaistė said that the possible next sanction package was discussed with
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The Netherlands government plans to end Russian oil and gas purchases by the end of 2022, Dutch Prime Minister Mark Rutte told journalists at a weekly press conference on Friday. In 2020, the Netherlands relied on Russia for nearly one-third of its total crude imports. > “What the Netherlands would
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The London-listed company is in joint talks with Chinese state-run oil companies CNOOC Ltd, China National Petroleum Corp, and Sinopec over its 27.5% holding in the Sakhalin-2 liquefied natural gas venture, the British newspaper The Telegraph said. Source: Reuters.
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Swedish company Essity, which produces hygiene products, is leaving the Russian market. It owns the brands Zewa, Libresse, Leukoplast, Tork.
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Since the start of the invasion of Ukraine, the Yale School of Management has been tracking claims from more than 1,000 companies. Out of these, 750 companies have already publicly announced that they are voluntarily curtailing their activities in Russia. There is also a list of companies (about 191
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One of the largest oil companies in the world Exxon Mobil is planning to leave Russian market entirely by June 24. Last month, Exxon Mobil recalled its workers (US citizens) out of Russia. First of all, those were workers of large oil and gas sourcing enterprises on Sakhalin, including the
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"That means no ship, no ship that sails under the Russian flag or that is owned or operated by a Russian entity will be allowed to dock in a United States port or access our shores. None," Biden said Thursday. Previously EU and Canada have closed their ports
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The UK will impose trade sanctions against Russia. It will ban the import of silver, wooden crafts, caviar, and other products from Russia. Also, the British authorities decided to increase tariffs by 35 percentage points on around £130m worth of products from Russia and Belarus, including diamonds and rubber. This
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The Czech National Bank revoked the license of Sberbank CZ, part of the Sberbank Europe group.
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Crypto-exchange Binance has decided to limit access to its services for users who live in Russia and have assets over 10,000 EUR, the company stated on its website. Clients of the site will only be able to use the withdrawal function. They will not be able to trade on
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Austria-based integrated oil and gas company OMV said it is not refining Russian crude grades in its European refineries, Reuters reports.