Price cap on Russian oil comes into force

G7 countries and Australia have implemented a cap of $60 a barrel

UK sanctions four Russian steel and petrochemical tycoons

They include oligarchs Alexander Abramov and Alexander Frolov, who are known to be business associates of Roman Abramovich and previously owned major stakes in Russian steel manufacturer Evraz

Russian Energy Exec reported dead

His death is linked to him falling from a boat, reports have claimed

Enel offloads its Russian assets for €137m

The company is forecasting a hit of approximately €1.3 billion on net income

Russia’s Gazprom reduces Nord Stream gas flows to Europe again

Germany’s Economy Minister accused the company of trying to drive energy prices higher

Shell finishes deal to sell retail and lubricants business in Russia

The company’s Russian retail stations and lubricants business have been sold to LUKOIL

Shell agrees to sell its Russian petrol stations

LUKOIL will buy Shell’s Russian retail and lubricants businesses

Norway’s Equinor to start exiting joint ventures in Russia after Ukraine invasion

The announcement comes as Western countries ramp up efforts to punish Russia with new sanctions