Lavrov calls to coordinate Russian, US military action in SyriaRussian Politics & Diplomacy September 22, 21:05
Lavrov blames Obama administration for souring Russia-US tiesRussian Politics & Diplomacy September 22, 20:41
Waging war on Korean Peninsula inadmissible, says LavrovRussian Politics & Diplomacy September 22, 20:36
Russian Northern Fleet completes drills in ArcticMilitary & Defense September 22, 18:01
OPEC and non-OPEC countries to continue talks on oil production cut dealBusiness & Economy September 22, 17:28
Russian pair figure skaters Kavaguti, Smirnov retire from sportSport September 22, 16:48
Record number of delegations register for St. Petersburg-hosted IPU AssemblyRussian Politics & Diplomacy September 22, 16:47
Astronauts to make quickest trip ever to ISS in DecemberScience & Space September 22, 16:27
Russian frigate Admiral Essen returns to Crimea after mission in MediterraneanMilitary & Defense September 22, 16:24
“We work under different conditions and are ready for volatility linked to the sanctions,” said Sechin quoted by Rosneft press-office. “We’ll work for better efficiency, postpone some projects, but effective work will be our priority.”
On Tuesday, the US Department of Commerce introduced export licensing for goods intended for some oil projects in the Russian Arctic and offshore projects, a high-ranking official in the US administration said on Tuesday. Restriction would only affect new projects, another source said.
Export licensing means the US will pay closer attention to requests of trade with companies on the black lists, which leads to considerable delays in project realization.
The EU countries also adopted sectoral anti-Russian sanctions on Tuesday that restrict access for Russian state financial institutes to the EU financial markets, impose weapon embargo, ban export of dual-purpose goods that can be used for military aims and limit access to sensitive technologies, especially those in the oil sector, said European Council President Herman Van Rompuy.