On August 2, 2017, President Trump signed the Countering America’s Adversaries Through Sanctions Act into law.
President Vladimir Putin
Russia Sanctions Update: Countering America’s Adversaries Through Sanctions Act
By BETRE GIZAW | KING & SPALDINGSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.Energy News Roundup: EPA’s McCarthy Dings NY Times, NY Court Upholds Fracking Ban & Putin Talks Nicaraguan Canal
By Jared Anderson
EPA Chief Gina McCarthy took umbrage with a New York Times article published earlier this week – and featured in one of our News Roundups – that claimed powerful environmental group Natural Resources Defense Council played “an influential role” in designing the agency’s high-profile carbon rule for existing power plants. In an internal memo McCarthy… Keep reading →
Energy News Roundup: ‘Ratepayer’ is a Dirty Word, Putin and the Orphaned Tiger & Hess Truck Lives On
By Jared Anderson
FERC has been shifting the terminology used to describe electricity consumers from “ratepayers” to “customers,” which better reflects current realities in the evolving utility industry. “The journey away from “ratepayer” starts when thinking about the utility as a provider of energy efficiency, demand response and other demand-side management techniques. When the utility is partly in… Keep reading →
Oil Price Leverage Over Russia in Ukraine Crisis
By Roman Kilisek
Following Russian annexation of the Crimean Peninsula, tensions between the West and the Kremlin have been dangerously simmering. Meanwhile, the spotlight has moved to Eastern Ukraine where unmarked soldiers appear to be keen on destabilizing the situation further. Anti-Ukrainian agitators seized government buildings and police stations making a mockery of Kiev’s sovereignty. This sets up an ideal breeding… Keep reading →
Energy Quote of the Day: Putin Says Russia Could ‘Completely or Partially Cease Gas Deliveries’
By Jared Anderson
The apparent strong-arm tactic may actually indicate Russian weakness. In a letter to leadership in European countries receiving Russian gas that first transits Ukraine, Russian President Vladimir Putin warned that unless immediate steps are taken to ensure Ukrainian national gas company Naftogaz pays in advance for supply, Gazprom could close the valves. The letter states:… Keep reading →
President Obama upped the ante yesterday in the burgeoning trade war with Russia over the annexation of Crimea from Ukraine when he announced an executive order that authorized sanctioning Russian economic sectors. The first round of sanctions targeted individual Russian officials, but now enterprises involved in Russia’s energy sector – including banks, trading houses and… Keep reading →
The shale gas revolution and the flood of cheap gas it unleashed have been great for US economic competitiveness, but its effects are far less favorable for Europe, said Paolo Scaroni, chief executive of Italy’s Eni, at the Council on Foreign Relations in New York yesterday. “Gas prices in Europe are three times as high as… Keep reading →
