2017-08-03 12:35:00

SANCTIONS FOREVER

SANCTIONS FOREVER

OGJPresident Donald J. Trump signed legislation on Aug. 2 that imposes sanctions on Russia, Iran, and North Korea after both houses of Congress passed the bill in nearly unanimous votes a week earlier. The measure is much improved over its original version but is still flawed because it encroaches on the executive branch's ability to negotiate, he said at a White House signing ceremony.

"We have made progress and improved the language to give the Treasury Department greater flexibility in granting routine licenses to American businesses, people, and companies," the president said. "The improved language also reflects feedback from our European allies—who have been steadfast partners on Russia sanctions—regarding the energy sanctions provided for in the legislation."

The new language also ensures that US agencies can delay sanctions on the intelligence and defense sectors, because those sanctions could negatively affect US companies and those of its allies, he added.

But the bill remains seriously flawed because it encroaches on the executive branch's ability to negotiate, Trump said. "By limiting the executive's flexibility, this bill makes it harder for the United States to strike good deals for the American people, and will drive China, Russia, and North Korea much closer together," he warned. "The framers of our constitution put foreign affairs in the hands of the president. This bill will prove the wisdom of that choice.

"Yet despite its problems, I am signing this bill for the sake of national unity," he continued. "It represents the will of the American people to see Russia take steps to improve relations with the United States. We hope there will be cooperation between our two countries on major global issues so that these sanctions will no longer be necessary." The bill also sends a clear message to Iran and North Korea that the US will not tolerate "their dangerous and destabilizing behavior," Trump noted.

He said earlier that he supports "making clear that America will not tolerate interference in our democratic process and that we will side with our allies and friends against Russian subversion and destabilization."

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Earlier:

Russia Sanctions
July, 24, 13:50:00

RUSSIA SANCTIONS AGAIN

"The legislation, if enacted, is a big political win for members of Congress who want to take a strong stance on Russia," Elizabeth Rosenberg, a senior fellow and director of the energy, economics and security program at the Center for a New American Security, said Sunday. "It will rearrange the way the global energy industry does business with Russia and significantly increase the risk around dealings with Russia."

 
Russia Sanctions
July, 19, 15:05:00

СТРАТЕГИЧЕСКИЕ ЗАДАЧИ РОССИИ

Для меня создание технологий добычи на шельфе — больший приоритет, чем исключительно наращивание объемов добычи, которое мы можем получить в ближайшие годы. Потому что технологии необходимы для решения стратегических задач.

 
Russia Sanctions
July, 19, 14:50:00

RUSSIA SANCTIONS ANEW

Proposed new US sanctions on Russia approved by the Senate could have “unintended consequences”, hitting US jobs and oil and gas projects around the world, the industry has warned.

 
Russia Sanctions
July, 12, 14:15:00

RUSSIA'S INVESTMENT POTENTIAL

"Russia is among the leading energy countries today. We see colossal unrealized potential for cooperation, for investment -- we will continue working on implementing it with all the interested parties," Novak said.

 
Russia Sanctions
July, 5, 12:20:00

AGAINST RUSSIA SANCTIONS

Exxon Mobil Corp. and other energy companies have joined President Donald Trump in expressing concerns over a bill to toughen sanctions on Russia, arguing that it could shut down oil and gas projects around the world that involve Russian partners.

  
Russia Sanctions
April, 21, 20:45:00

ЭНЕРГЕТИЧЕСКИЕ РЕКОРДЫ РОССИИ

«Топливно-энергетический комплекс (для нас это важный сектор) демонстрировал уверенный рост и даже рекорды: во-первых, по добыче и экспорту нефти, причём за счёт месторождений, для которых были приняты специальные режимы; во-вторых, по добыче угля; в-третьих, по экспорту газа. В-четвёртых, очень хорошие показатели были достигнуты по генерации электроэнергии атомными электростанциями», - отметил Председатель Правительства РФ.

 

Russia Sanctions
April, 3, 19:10:00

САНКЦИИ: РОССИЯ В ДВИЖЕНИИ

Министр также рассказал о влиянии санкций на реализацию проектов в Арктике. «Ни один российский проект не остановился. Наша промышленность от санкций только выиграла, Например, сегодня «Газпром» уже использует в арктической зоне 100% оборудования российского производства. Что касается того импорта, который пока остался, то мы переориентировались на наших восточных партнеров», - сказал Александр Новак.

 

Tags: USA, SANCTIONS, RUSSIA, IRAN, NORTH_KOREA

Chronicle:

SANCTIONS FOREVER
August, 16, 09:45:00

OIL PRICE: NOT ABOVE $52 YET

Brent crude futures LCOc1 were at $51.02 per barrel at 0218 GMT, up 22 cents or 0.4 percent from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $47.70 a barrel, up 15 cents, or 0.3 percent.

SANCTIONS FOREVER
August, 16, 09:40:00

OIL PRICES TAKES TIME

New data suggests that in 2Q17 global stocks fell by 0.5 mb/d and preliminary data for July, particularly in the United States where stocks fell by 790 kb/d, is supportive. Even so, we must not forget that they are falling from a very great height in volume terms. At the end of 2Q17, OECD commercial stocks, which are the component of the global total for which we have the most visibility, stood at 3 021 million barrels, still more than 219 mb above the five-year average although they have now fallen below 2016 levels. As an exercise, if OECD stocks fell by 0.5 mb/d until the end of 1Q18 when the current output agreements expire they would still be about 60 mb above the five-year average.

SANCTIONS FOREVER
August, 16, 09:35:00

ЦЕНА URALS: $ 49,94

Средняя цена нефти марки Urals по итогам января - июля 2017 года составила $ 49,94 за баррель.

SANCTIONS FOREVER
August, 16, 09:30:00

OPEC: GLOBAL OIL DEMAND WILL UP TO 97.8 MBD

OPEC said world oil demand in 2018 will grow 1.28 million b/d from 2017 levels, meaning that total oil consumption is expected to hit a new record high of 97.8 million b/d in 2018.

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