Tag: Rosneft
Sanctions on anti-war, Ukrainian individuals? Alex Ozhelskiy and Mikhail Fridman
Alexander Ozhelskiy, 22, son of Russian billionaire Mikhail Fridman, posted a video address in which he says that he does not support the war in Ukraine and thinks the sanctions against him are unfair. Alexander states that he has participated in “pro-Ukrainian protests”. Ozhelskiy is the co-founder and general director of Esef Direct Investments LLC, as well as a co-founder and director of Alliance Management Company LLC. He is also co-founder of Esef Development LLC and Esef Properties LLC. His…
ExxonMobil suspends Russian Far East LNG project, Interfax reports
ExxonMobil (XOM.N) has suspended its liquefied natural gas project in Russia’s Far East, Interfax news agency quoted a Russian governor as saying on Monday, after the firm announced plans to quit the country following Western sanctions. ExxonMobil said last month it would exit its Russian oil and gas operations, which it had valued at more than $4 billion, and halt new investment due to sanctions on Russia over Ukraine. read more The decision would see Exxon pull out of managing…
#S&P Global transacted with sanctioned #Rosneft, took 82k payment & settled for 78k with #OFAC
S&P Global Inc violated Russian sanctions (E.O. 13662) by receiving payment from sanctioned Russian Rosneft. S&P didn’t voluntarily disclose the violation and received $82,500. They settled with OFAC for $78,750. Here’s the press release.