UK Sanctions Rosneft, Lukoil and Major Chinese Energy Assets

The UK slapped sanctions on Russia’s biggest oil producers and two Chinese energy firms that deal with Moscow as London seeks to intensify pressure on the Kremlin over the war in Ukraine.

Britain blacklisted state-run oil giant Rosneft PJSC and Lukoil PJSC on Wednesday, the Office of Financial Sanctions Implementation said in a statement. It also targeted Chinese firms that handle Russian energy for the first time: a terminal handling Russian liquefied gas and an oil refiner.