Russian sanctions News

Russia Aims to Complete Nord Stream Gas Pipeline, Despite U.S. Objections

Russia’s Gazprom PJSC has made a request with the Danish government to deploy new vessels in the Baltic Sea for work on the disputed Nord Stream 2 gas pipeline, Denmark’s environmental protection agency said. The application is the latest signal …

Senators Seek to Expand U.S. Sanctions to Insurance for Russia-Europe Pipeline

U.S. senators will announce a bill this week expanding sanctions on Russia’s Gazprom-led Nord Stream 2 project, Senate aides said, targeting a pipeline Washington says will make Europe too reliant on Russian gas. The Protecting Europe’s Energy Security Clarification Act …

Russia Delays Proposal to Criminalize Compliance with U.S Sanctions

Russian lawmakers on Thursday voted to postpone the second reading of a bill being discussed in the lower house of parliament that would make it a crime to comply with Western sanctions on Russia. The lower house said it would …

Octo Telematics Says It’s Freed from U.S. Sanctions After Execs Buy Russian Shares

Italy’s Octo Telematics, a global provider of telematics for the auto insurance industry, confirmed the completion of the purchase of 20 percent of the company’s shares by its Chairman Sir John Peace and Chief Executive Fabio Sbianchi from shareholder Nes …

U.S. Approves JPMorgan Release of Funds to Sanctioned Russian Insurer

JPMorgan Chase & Co. is unfreezing a money transfer from a Russian embassy in Central Asia to an insurer linked to U.S.-sanctioned bank after getting a go-ahead from regulators. “Following consultation with our regulators, we are processing this transaction,” JPMorgan …