Russian court fines Austrian bank Raiffeisen $400m
A Russian court has ordered Austria's Raiffeisen Bank to pay nearly $400 million in compensation to a company linked to sanctioned oligarch Oleg Deripaska. The bank says it will appeal.
Category : Search result: Russian oil sanctions
FIFA Sanctions Malaysia Over Ineligible Players
FIFA penalises Malaysia, awarding three 3-0 defeats for fielding ineligible players. FAM faces fines and backlash as case heads to CAS. Get the full story.
EU Summit Deadlock Over Russian Assets for Ukraine
EU leaders meet in a crucial summit to unlock €210bn in frozen Russian assets for Ukraine, but face strong opposition from Belgium. Will they find a deal before Ukraine's cash crunch hits?
Venezuela Faces Deep Crisis as US Tightens Oil Blockade
A new US blockade on Venezuelan oil shipments could slash production and halve exports, pushing the economy deeper into crisis. Experts warn of severe impacts.
FIFA fines Malaysia $452k for forged player documents
FIFA slaps Malaysia with heavy fines and match forfeits for using ineligible players. This crackdown unfolds as Nigeria challenges DR Congo's player eligibility in World Cup playoffs. Read the full details.
German MPs approve €50bn military spending spree
German lawmakers greenlight a historic €50 billion in defence purchases, ramping up military readiness as Russia's threat grows and US commitments waver. Read the full details.
Trump Announces Naval Blockade Against Venezuela
US President Donald Trump announces a maritime blockade on Venezuela, demanding the return of oil and land he claims were stolen. Get the full details on this escalating crisis.
Trump Orders Naval Blockade of Venezuela Oil Tankers
US President Donald Trump announces a total blockade of sanctioned Venezuelan oil vessels, escalating tensions. Learn the details and potential impact on the global oil market.
EU Summit Debates Using Frozen Russian Assets for Ukraine
EU leaders meet in Brussels to decide on funding Ukraine's war effort, debating a risky plan to use €200 billion in frozen Russian central bank assets. Will they reach a deal?
Golden Terra Oil Voted Nigeria's Top Healthy Cooking Oil
Nigerian consumers have voted Golden Terra Soya Oil as the Most Preferred Healthy Cooking Oil at the 2025 Consumer Value Awards. Discover why 72% chose this heart-friendly brand.
PDP Moves to Sack Rivers Lawmakers Over Defection
The Peoples Democratic Party (PDP) vows to use constitutional means to remove 17 Rivers State lawmakers, including Speaker Martin Amaewhule, who defected to the APC. Read the full details and political implications.
Massive Russian Strikes Hit Ukraine Energy, Cause Outages
Russian overnight attacks with 704 drones & missiles target Ukraine's energy grid & railways, leaving thousands without heat & water. Details on the strikes and ongoing US peace talks.
EU's Ukraine Funding Plan Exposes Hypocrisy on Colonial Debt
The EU's plan to use €210bn in frozen Russian assets for Ukraine faces legal risks, while ignoring calls for colonial reparations in Africa. This double standard threatens Europe's financial credibility. Read the full analysis.
Serbia's Oil Refinery Shutdown Could Cost for Years
Experts warn Serbia faces years of economic fallout, job losses, and budget risks after the shutdown of its only oil refinery due to US sanctions on Russian owners. Read the full analysis.
EU Agrees to Ban All Russian Gas Imports by Autumn 2027
The European Union has struck a landmark deal to end all imports of Russian gas by 2027. Get the full timeline and details on this major energy shift.
EU to Ban All Russian Gas Imports by Autumn 2027
The European Union has agreed to ban all Russian gas imports by 2027, aiming to cut off funds for Moscow's war. Discover the timeline and implications for energy security.
Crypto Fraudsters Tortured, Killed in UAE Over £380M
A Russian couple, convicted crypto fraudsters, were lured, tortured, and killed in the UAE after kidnappers failed to access £380 million in digital wallets. Three suspects arrested.
Rare Fabergé Egg Fetches £22.9m, Smashes Record
A rare Fabergé Winter Egg, commissioned by Russia's last Tsar, has sold for a record £22.9 million at Christie's in London. Discover the history of this imperial masterpiece.
ECOWAS Opens High-Level Talks Over Guinea-Bissau Coup
ECOWAS Parliament strongly condemns the military coup in Guinea-Bissau, labeling it an assault on democracy. High-level talks begin December 3rd. Read the full story.
Pacific Island Office Aids Sanctions-Busting Oil Smuggling
A beachside office in the Cook Islands is being used by dozens of tankers to smuggle Russian and Iranian oil, undermining Western sanctions. New Zealand expresses alarm. Read the full investigation.
Nigeria eyes $10bn from 50 oil blocks lease
Nigeria's NUPRC launches 2025 oil licensing round for 50 blocks, aiming to raise $10bn and boost output by 400,000 barrels per day. Discover the transparent bidding process.
TotalEnergies Sells Nigeria Offshore Stake to Chevron
French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron subsidiary. Deal aims to develop new opportunities in Nigeria's oil sector.
TotalEnergies Sells Nigeria Offshore Stake to Chevron
French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron. The deal aims to derisk and develop new opportunities in Nigeria's oil sector. Full details inside.
OPEC Keeps Nigeria's Oil Output at 1.5m bpd to 2026
OPEC confirms Nigeria's oil production quota remains at 1.5 million barrels per day until December 2026 to ensure global market stability. Read the full details.
Niger Markets Nationalized Uranium Internationally
Niger's military regime announces international uranium sales from nationalized French mines. Junta asserts sovereignty over natural resources amid growing Russia ties.
OPEC+ Pauses Oil Output Hikes Until March 2026
OPEC+ reaffirms plan to maintain current oil production levels until March 2026 and agrees on a new capacity assessment mechanism. Learn how this decision impacts global oil markets.
OPEC+ Likely to Maintain Current Oil Production Levels
OPEC+ ministers are expected to keep oil output unchanged in Sunday's online meeting amid price uncertainty. Analysts predict no major market changes as group watches Ukraine talks.
OPEC+ Expected to Maintain Current Oil Output Levels
OPEC+ ministers are expected to maintain current oil production levels in their upcoming online meeting. Analysts cite market uncertainty and Ukraine conflict impacts on prices. Read more.
Ogoni Lament FG Silence After Oil Resumption Report
Ogoni communities express frustration over Federal Government's silence months after receiving crucial committee report on potential oil exploration resumption in Ogoniland.
OPEC+ 2025 Oil Output Policy: A Review
OPEC+ surprised markets in 2025 by hiking oil production. Discover how this strategy fared, the role of Trump's return, and what's next for global oil prices.
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