Subscribe free to our newsletters via your
. Military Space News .




OIL AND GAS
Russia oil exploration sector target of Canadian sanctions
by Daniel J. Graeber
Ottawa (UPI) Aug 7, 2014


disclaimer: image is for illustration purposes only

Canadian Prime Minister Stephen Harper said new economic pressure on Russia targets technology used for oil exploration and extraction.

Harper said he had grave concerns over Russia's provocative military action in eastern Ukraine. Pro-Russian separatists there are suspected of playing a role in the downing of a Malaysia Airlines passenger jet last month, killing all 295 people on board.

The prime minister said he was imposing a travel ban on 19 Russian and Ukrainian individuals and economic sanctions on close to two dozen Russian and Ukrainian groups.

"We are also committed to imposing the necessary regulations to enact export restrictions on technologies used in Russia's oil exploration and extraction sector," Harper said in a statement Wednesday. "Those will be implemented in parallel with our allies."

Harper in July announced sanctions against 10 separate Russian entities, including Russian independent gas company Novatek and Gazprombank, the financial arm of Russian gas giant Gazprom. The action followed similar steps from his Western allies.

Harper said the Kremlin hasn't shown any signs it's ready to respect Ukraine's sovereignty, so the sanctions pressure may grow.

"Together with our allies and partners, we stand ready to take further actions if the Putin regime's military aggression continues," he said.

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








OIL AND GAS
The Bigger Oil Story Behind the Headlines
Washington DC (SPX) Aug 07, 2014
While we fixate on sexy headlines about Chinese military threats in the South China Sea, for instance, or Washington 'lifting the ban' on crude oil exports, we miss the bigger stories-and we miss the reality. China's relentless resource quest has the greatest impact on trading prices, which may not make for headline news, but is a very important reality, while the stories about the US lifting th ... read more


OIL AND GAS
US Congress approves funding for Israel's Iron Dome

MEADS International touts its air defense system capabilities

Space surveillance satellites being sent into orbit

Patriot getting enhanced radar capabilities

OIL AND GAS
Russia has violated arms treaty by testing cruise missile: US

MD 530G attack helicopters fires Talon rockets

Missile decoy system on Australian, U.S. warships to be upgraded

Man-portable missile successfully fired from vehicle

OIL AND GAS
Northrop completes UAV fuselage for NATO program

Brazil's Flight Tech exporting UAV

Drones thrill Martha Stewart... and US prison convicts

K-MAX unmanned cargo helo finishes Afghan deployment

OIL AND GAS
Fourth MUOS Communication Satellite Clears Launch-Simulation Test

US looks to Japan space program to close Pacific communications gap

U.S. government using commercial Inmarsat 5 satellite

Lockheed Martin Selected For USAF Satellite Hosted Payload Initiative

OIL AND GAS
USAF cargo loaders getting support from DRS

Army eyes lighter weight combat vehicles

Lockheed touts performance of its enhanced bomb guidance kit

F-35B Successfully Completes Wet Runway And Crosswind Testing

OIL AND GAS
Rheinmetall cuts targets after veto on Russian contract

In-service support sector for military platforms to grow

Lebanon army urges France to speed up weapons delivery

Big win from Army for small Michigan business

OIL AND GAS
Peace, prosperity and stability through partnerships: A grand design for a 21st century strategic mission

Fear as midnight airstrike hits close to Donetsk centre

Son of Canadian 'spies' held in China calls for govt action

Sanctions designed to force Kremlin's hand, U.S. says

OIL AND GAS
A Crystal Wedding in the Nanocosmos

NIST shows ultrasonically propelled nanorods spin dizzyingly fast

Low cost technique improves properties of nanomaterials

Rice nanophotonics experts create powerful molecular sensor




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.