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US steps up sanctions against Russia's oil and gas sector

The US has announced a new set of sanctions in response to Russiaโ€™s invasion of Ukraine aimed at further hobbling the countryโ€™s energy industry.
The new sanctions target Russiaโ€™s capacity to produce and transport natural gas production along with its ability to carry out advanced drilling and well completion operations.
The US State Department said the enlarged list of sanctioned entities includes engineering design and construction contractor Nipigazpererabotka, also known as Nipigas, and two of its subsidiaries.
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  • Princess

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    51 w

    Sanctions do work ...but ..in the long-term .They do have economic effect and slows down the growth of a country

    5
    • winnie nguru

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      51 w

      Is this just meant to cripple them or is it being done for the benefit of our planet. I doubt this will last

      11
      • rosebellendiritu

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        51 w

        @winnie_nguru you have made me think about it in broader spectrum.

        7
      • Munene Mugambi

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        51 w

        I think US dependency on oil means these sanctions won't hold water

        12
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