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.

Norway Oil Services See Russia Sanctions Risking Arctic Push

Itar-Tass: Shale gas production in Europe possible not earlier than in 2016-18 -Gazprom

Australian LNG - A Lost Cause?

OPEC: World economic growth for 2014 and 2015 remains unchanged at 3.1% and 3.4% respectively.

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:

South Stream Pushes a Bit Further

Northeast natural gas spot prices particularly sensitive to temperature swings

Rosneft-Saras joint venture still on, just delayed