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HomeSanctions

Sanctions

Opinion

IEA’s Oil Market Report: Crude quality matters

February 13, 2019 Energi Staff

In its Oil Market Report released on Feb. 13, the International Energy Agency discusses US sanctions against Iran and Venezuela and their impact on the US Gulf Coast refiners.  Valero photo. Oil Market Report: Crude [Read more]

Financial

Oil prices up on tighter US supply, Venezuela sanctions

January 30, 2019 Energi Staff

Oil prices rose on Wednesday after data from the US Energy Information Administration showed US crude stocks rose less than expected last week due to a decline in imports.  Equinor photo. US oil prices up [Read more]

Iran oil
News

Iran oil output, exports down since sanctions announcement

October 23, 2018 Energi Staff

Iran oil production and exports have dropped since the Trump administration announced last May that it would quit the nuclear deal and re-impose sanctions on Iranian crude exports.  AFP photo by Atta Kenare. Iran oil [Read more]

oil prices
Opinion

Opinion: Oil prices enter the danger zone for consumers

October 4, 2018 Energi Staff

Oil prices have already risen to a level that has contributed to a slowdown in economic growth and oil consumption in the past.  Equinor photo. Oil prices drop Thursday, but sit at over $84/barrel By [Read more]

OPEC
News

OPEC, Russia deny Trump’s demand for more oil

September 24, 2018 Energi Staff

OPEC along with other participants in the cartel’s supply cut agreement have denied US President Donald Trump’s demand to boost crude production.  Xinhua News photo. OPEC decision boosts oil prices Monday OPEC and its allies [Read more]

Opinion

Opinion: Trump sets implied oil price target below $80

September 21, 2018 Energi Staff

The White House is anxious to avoid being blamed by US motorists for any further oil price escalation, especially in the run-up to a tough mid-term election on Nov. 6. Trump trying to control oil [Read more]

nuclear deal
News

Iran in compliance with nuclear deal restrictions: IAEA

August 30, 2018 Energi Staff

According to a confidential report by the International Atomic Energy Agency, Iran has remained in compliance with the 2015 nuclear deal, staying within caps on uranium enrichment levels, enriched uranium stocks and other provisions.  Reuters [Read more]

Iran sanctions
News

Looming Iran sanctions drain crude surplus, boost oil prices

August 30, 2018 Energi Staff

The Trump administration has set a November 4 deadline for customers of Iranian crude to halt their purchases.  The looming Iran sanctions, which are expected to take 1 million barrels per day out of the [Read more]

us crude exports
News

US crude exports to India jump prior to Iran sanctions

July 12, 2018 Energi Staff

US crude exports to India hit record highs in June and are set to almost double last year’s total as the Asian country scrambles to replace oil supplies as Venezuela’s output continues to fall and [Read more]

gas prices
News

Trump blames OPEC for rising gas prices, urges cartel to do more

July 5, 2018 Energi Staff

US President Donald Trump blames OPEC for rising gas prices and is urging the cartel to “REDUCE PRICING NOW!”.  Higher gasoline prices could become a political problem for the ruling Republicans as the midterm elections [Read more]

Iranian crude
News

Tehran: Removing Iranian crude from market by November impossible

June 27, 2018 Energi Staff

An official with the government of Iran said removing Iranian crude from the global oil market by November is not possible, based on the volume of exports.  Irna.ir photo. 2.5 million barrels of Iranian crude, [Read more]

US sanctions
News

OPEC expected to reject Iran’s request to discuss US sanctions: Reuters

June 8, 2018 Energi Staff

Last month, US President Donald Trump the “highest level” of US sanctions would be implemented against Iran after the US abandoned the Iran sanction relief agreement. AP photo by Evan Vucci.   OPEC asked to support [Read more]

trade and investment restrictions
Opinion

Opinion: Trade and investment restrictions put world economy at risk

April 17, 2018 Energi Staff

Policymakers are rapidly embracing trade and investment restrictions for a range of reasons, ranging from trying to raise wages to protect strategic sectors and national security concerns. Getty Images photo by Drew Angerer. Trade and [Read more]

Exxon
News

Exxon opts out of some Rosneft JVs over western sanctions

March 1, 2018 Energi Staff

Citing an early exit from some projects with Rosneft due to 2014 sanctions imposed on Russia by the US and European Union, Exxon recorded a $200 million after-tax loss in the final quarter of 2017.  Sputnik [Read more]

sanctions against Venezuela
News

United States may expand sanctions against Venezuela: Reuters

March 1, 2018 Energi Staff

According to a report by Reuters, new sanctions against Venezuela may affect a military-run oil services company, and restrict insurance coverage for Venezuelan crude shipments.  Xinhua / SIPA USA / TNS photo. Sen. Marco Rubio pushing [Read more]

Libyan oil
News

US imposes new sanctions to block Libyan oil smugglers

February 26, 2018 Energi Staff

Libyan oil smugglers are driving instability in the OPEC nation, according to the US Treasury Department.  Reuters photo by Aidan Lewis.  Libyan oil smuggling sanctions imposed against six people, 24 companies, seven vessels The United [Read more]

china's coal imports
News

China’s coal imports from Russia, Mongolia surge in 2017

January 25, 2018 Energi Staff

Australia accounts for the highest amount of China’s coal imports at 79.91 million tonnes. EndCoal.org photo by Max Phillips. China’s coal imports from North Korea banned in February 2017 In 2017, China’s coal imports from [Read more]

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In the Spotlight

Smith’s panel on Alberta’s energy future is a bad joke

by Markham Hislop in Markham on Energy

“A new advisory panel will develop a long-term vision for Alberta’s energy future and recommend steps the province should take to ensure the industry [emphasis added] continues to thrive for decades to come.” Premier Danielle [Read more]

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