Extract from Forex Live article by Mike Paterson published 28 April 2014
…part of the US plans looks likely to have a serious impact on UK energy giants BP and Shell The US Treasury is also eyeing some form of sanction against Gazprombank, the financial arm of the gas monopoly Gazprom. This would greatly complicate Shell’s joint operations with Gazprom…
RELATED: U.S. Sanctions Target Putin’s Inner Circle
Extract
The Obama administration imposed sanctions on seven Russian officials and 17 companies linked to Russian President Vladimir Putin’s inner circle involved in banking, energy and infrastructure. The list includes Igor Sechin, OAO Rosneft chief executive officer…