Rosneft and Gazprom Neft hit by EU sanctions

Russian energy firms Rosneft and Gazprom Neft were walloped with EU sanctions today. The “strengthened” sanctions against Russia came into force this morning as legal acts in the EU’s Official Journal were published. Rosneft had already been indirectly squeezed by Western sanctions – punishment for Russia’s apparent involvement in turbulence across eastern Ukraine – via US pressure […]