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1. home.treasury.gov › news › press-releasesTreasury Sanctions Gazprombank and Takes Additional Steps to ...

   home.treasury.gov › news › press-releases

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   1 day ago · Treasury imposes sanctions on dozens of Russian banks, securities registrars, and finance officials; OFAC issues alert warning of risks of joining Russia’s System for Transfer of Financial MessagesWASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took another major step in implementing commitments made by G7 leaders to curtail Russia’s ...

2. home.treasury.gov › news › press-releasesAnnouncement of Expanded Treasury Sanctions within the ...

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   Treasury has added two Russian energy companies, Gazprom Neft and Transneft, to the prohibitions under Directive 2 pursuant to E.O. 13662. Transactions in, provision of financing for, and other dealings in new debt of greater than 90 days maturity for these two companies, and their 50 percent or more owned subsidiaries, by U.S. persons or within the United States are prohibited.

3. www.ft.com › content › e1b65044-1a97-429a-b1e2-c337aGazprom grapples with collapse in sales to Europe

   www.ft.com › content › e1b65044-1a97-429a-b1e2-c337a

   Feb 19, 2024 · Gazprom’s oil business, Gazprom Neft, has become the company’s main lifeline, contributing 36 per cent of revenues and 92 per cent of net income in the first half of 2023. The division’s ...

4. www.ft.com › content › f6ba327b-5200-4deb-ba95-fba3Gazprom plunges to worst loss in decades as sales to Europe ...

   www.ft.com › content › f6ba327b-5200-4deb-ba95-fba3

   May 2, 2024 · “Gazprom used to be a huge gas company with an oil business, Gazprom Neft, on the side,” said Sergei Vakulenko, a senior fellow at the Carnegie Russia Eurasia Center in Berlin.

5. www.ft.com › content › 398aa2f1-1f4c-46b2-a5f0-f5cUS hits Gazprombank executives with sanctions for first time

   www.ft.com › content › 398aa2f1-1f4c-46b2-a5f0-f5c

   May 8, 2022 · A senior Biden administration official said the US sanctions targeted 27 executives of Gazprombank, Russia’s third-largest lender and a subsidiary of state-owned energy company Gazprom.

6. www.bclplaw.com › en-US › events-insights-newsRound 3: Continued Sanctions Against Russia (and Belarus ...

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   Directive 3 to EO 14024: U. persons cannot engage in transactions or deal in new debt with a maturity of more than 14 days or new equity of Gazprombank, Gazprrom, and Gazprom Neft and their subsidiaries. Gazprom was already subject to debt restrictions for debt of greater than 60-day maturity pursuant to Directive 2 under EO 13662, “Blocking ...

7. People also ask

   How did US sanctions affect Gazprombank?

   • A senior Biden administration official said the US sanctions targeted 27 executives of Gazprombank, Russia’s third-largest lender and a subsidiary of state-owned energy company Gazprom. But the measures did not freeze the company’s assets or prohibit transactions with it since it is the main way Russia sells gas to Europe.

   US hits Gazprombank executives with sanctions for first time

   www.ft.com/content/398aa2f1-1f4c-46b2-a5f0-f5c84913b362

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   What is Gazprom Neft?

   • Gazprom’s oil business, Gazprom Neft, has become the company’s main lifeline, contributing 36 per cent of revenues and 92 per cent of net income in the first half of 2023. The division’s market value even surpassed that of its parent company last year.

   Gazprom grapples with collapse in sales to Europe - Financial Times

   www.ft.com/content/e1b65044-1a97-429a-b1e2-c337a343ec2a

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   Did Gazprom Neft make a profit in 2022?

   • Last year, however, Gazprom Neft generated almost as much in sales as Gazprom’s gas business and brought in a profit equal to two-thirds of the gas segment’s 2022 profit, Vakulenko said, despite having just a quarter of its parent’s assets.

   Gazprom plunges to worst loss in decades as sales to Europe collapse

   www.ft.com/content/f6ba327b-5200-4deb-ba95-fba3bbd6536a?sharetype=gift

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   Why did the US attack Gazprombank?

   • The US targeted executives at Gazprombank for the first time while also barring companies from providing Russia with corporate services such as accounting and consulting.

   US hits Gazprombank executives with sanctions for first time

   www.ft.com/content/398aa2f1-1f4c-46b2-a5f0-f5c84913b362

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   Is Gazprom a big gas company?

   • “Gazprom used to be a huge gas company with an oil business, Gazprom Neft, on the side,” said Sergei Vakulenko, a senior fellow at the Carnegie Russia Eurasia Center in Berlin.

   Gazprom plunges to worst loss in decades as sales to Europe collapse

   www.ft.com/content/f6ba327b-5200-4deb-ba95-fba3bbd6536a?sharetype=gift

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   Who is Gazprom Neft & AK Transneft OAO?

   • • Gazprom Neft (see above). • AK Transneft OAO is Russia’s government-owned pipeline company. The company provides services for oil and oil products transportation via trunk pipelines systems within the Russian Federation and abroad. For identifying information on the entities named in this release, please click here.

   Announcement of Expanded Treasury Sanctions within the Russian

   home.treasury.gov/news/press-releases/jl2629

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8. financialpost.com › pmn › business-pmnWebsite of Russian oil firm Gazprom Neft goes down after ...

   financialpost.com › pmn › business-pmn

   Apr 6, 2022 · The website of Gazprom Neft, the oil arm of Russian state gas giant Gazprom, went down on Wednesday after an apparent hack, in what looked like the latest attack on government-linked sites following Russia’s actions in Ukraine.