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US imposes sanctions on Russian oil companies
Olga Katsimon — 23 October, 00:50
https://www.pravda.com.ua/eng/news/2025/10/23/8004024/
The restrictions target Russia's two largest oil companies – Rosneft Oil Company PJSC and Lukoil OAO.
Rosneft is a vertically integrated energy company engaged in the exploration, extraction, refining, transport and sale of oil, natural gas and petroleum products. Lukoil conducts similar operations both in Russia and abroad.
Both companies were sanctioned under US Executive Order No. 14024 for their activities in the Russian Federation's energy sector.
In addition, restrictions are being imposed on several Rosneft and Lukoil subsidiaries. All entities in which these corporations directly or indirectly own more than 50% of the capital are automatically subject to asset blocking, even if they are not listed separately in the sanctions register.
Rosneft is a vertically integrated energy company engaged in the exploration, extraction, refining, transport and sale of oil, natural gas and petroleum products. Lukoil conducts similar operations both in Russia and abroad.
Both companies were sanctioned under US Executive Order No. 14024 for their activities in the Russian Federation's energy sector.
In addition, restrictions are being imposed on several Rosneft and Lukoil subsidiaries. All entities in which these corporations directly or indirectly own more than 50% of the capital are automatically subject to asset blocking, even if they are not listed separately in the sanctions register.
Thanks for sharing this, Celerity. ❤️
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