More Western sanctions target Russia over Ukraine
Sanctions targeting key members of Putin’s inner circle are having an effect – but not necessarily the one intended
At the end of April, the West unveiled a further round of sanctions on Russia over its meddling in Ukraine that, by targeting individuals close to the regime rather than the country itself, it hopes will change the Kremlin’s behaviour without hurting western investments or its trade with Russia, particularly in energy. However, with the crisis in Ukraine only deepening, harsher sectoral sanctions are in the pipeline. Like the first round of sanctions imposed on Russia in March, this latest round, released on 28 April by the US and subsequently by Canada, the EU and Japan, were applied to Russian individuals close to President Vladimir Putin as well as connected companies, rather than aimed a
Also in this section
18 February 2026
With Texas LNG approaching financial close, Alaska LNG advancing towards a phased buildout and Magnolia LNG positioned for future optionality, Glenfarne CEO Brendan Duval says the coming year will demonstrate how the company’s more focused, owner-operator approach is reshaping LNG infrastructure development in the North America
18 February 2026
The global gas industry is no longer on the backfoot, hesitantly justifying the value of its product, but has greater confidence in gas remaining a core part of the global energy mix for decades
18 February 2026
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia,
tells Petroleum Economist
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
