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EU Rosneft judgment clarifies bank transfers are not sanctioned "financial assistance"

On 28 March 2017, the Court of Justice of the European Union (CJEU) delivered its judgment in a case referred by the UK High Court in which Rosneft has challenged the validity of the EU's sanctions targeting Russia, as well...more

New EU Russia sanctions: ban on oil project services; wider capital market sanctions (loans and credit, shorter-term equity, with...

Today, the EU published a second round of targeted sanctions against Russia. These new measures expand the EU’s existing Russia sanctions and restrict access to capital markets covering certain loans and credit, trade in...more

EU imposes targeted Russia sanctions (banks, arms and oil sectors); imposes Crimea/Sevastopol trade/investment restrictions and...

The EU has adopted and published targeted sanctions against Russia covering banks, the oil sector and arms in response to the situation in Ukraine. The new sanctions include an EU ban on purchase or sale (and related...more

EU updates sanctions against Libya and Syria, and introduces import ban for Crimean products

The EU Council on 23 June 2014 took several sanctions-related actions,1 all effective on 24 or 25 June 2014, including: • the introduction of an EU import ban for products from Crimea and Sevastopol (and related...more

EU partially suspends Iran sanctions under nuclear deal

I. Introduction - On 20 January 2014, the Council of the European Union (EU) agreed to temporarily suspend certain sanctions against Iran, namely those relating to (re)insurance and transport services for Iranian crude...more

EU defines scope of expanded Iran sanctions, including new natural gas, metals and vessels/ tankers bans

On 21 December 2012, the Council of the European Union (EU) adopted the EU-wide legislation clarifying important details of the expanded sanctions measures already agreed by the Council in broad terms on 15 October 2012.1...more

1/14/2013  /  EU , Iran Sanctions , Natural Gas , Oil & Gas
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