Western Sanctions on Russian Oil and Gas: The Turn of the Screw?

Rosneft to drill in Arctic with Statoil

Since the beginning of the Ukrainian stand-off, a series of sanctions came into effect by the EU 28 member states against Russia and private companies in a number of sectors. A noticeable absence is the ones supplying in oil and gas businesses, due to the boomerang effects that they will have in the European and global economy.

Russia's Rosneft asks state for $40 billion to weather sanctions

IEA says sanctions have low impact on Russian oil

Based on a high demand for additional information regarding its business in Russia, Schlumberger Limited (NYSE:SLB) provided the following third-quarter update today:

Russia Sanctions Failing to Stanch Energy Deals With Japan

Russia-Ukraine tensions flow into global markets

EU energy restrictions on Russia are mostly 'sanctions theatre'

Honeywell To Upgrade First Ice-Class Offshore Stationary Platform On Sakhalin Shelf