"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-04-20T21:12:41Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/04/20/richard-branson-oil-europe-russia-ukraine-invasion-qmb-vpx.cnnbusiness"
data-branding-key=""
data-video-slug="richard branson oil europe russia ukraine invasion qmb vpx"
data-first-publish-slug="richard branson oil europe russia ukraine invasion qmb vpx"
data-video-tags="business and industry sectors,business figures,business, economy and trade,celebrities,continents and regions,eastern europe,energy and utilities,europe,oil and gas industry,richard branson,richard quest,russia"
data-details="">
Video Ad Feedback
'Bring the speed limit down:' Richard Branson on reducing Russian oil use
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-04-20T21:12:41Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/04/20/richard-branson-oil-europe-russia-ukraine-invasion-qmb-vpx.cnnbusiness"
data-branding-key=""
data-video-slug="richard branson oil europe russia ukraine invasion qmb vpx"
data-first-publish-slug="richard branson oil europe russia ukraine invasion qmb vpx"
data-video-tags="business and industry sectors,business figures,business, economy and trade,celebrities,continents and regions,eastern europe,energy and utilities,europe,oil and gas industry,richard branson,richard quest,russia"
data-details="">
Video Ad Feedback
'Bring the speed limit down:' Richard Branson on reducing Russian oil use
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-09-13T15:28:17Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/09/13/chevron-ceo-mike-wirth-climate-change-harlow-vpx.cnnbusiness"
data-branding-key="perspectives-no-logo"
data-video-slug="chevron ceo mike wirth climate change harlow vpx"
data-first-publish-slug="chevron ceo mike wirth climate change harlow vpx"
data-video-tags="banking, finance and investments,business and industry sectors,business, economy and trade,chevron corp,climate change,companies,company activities and management,company structure and ownership,energy and environment,energy and resources,energy and utilities,environment and natural resources,environmental regulation and policy,environmentalism,financial markets and investing,misc people,poppy harlow,securities trading,shareholders,stock markets"
data-details="">
Video Ad Feedback
This is what Chevron's CEO thinks about climate change
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-08-31T22:32:47Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/08/31/americans-face-high-utility-bills-yurkevich-dnt-lead-vpx.cnn"
data-branding-key=""
data-video-slug="americans face high utility bills yurkevich dnt lead vpx"
data-first-publish-slug="americans face high utility bills yurkevich dnt lead vpx"
data-video-tags="severe weather,weather,business and industry sectors,business, economy and trade,economic conditions,economic indicators,economy and economic indicators,energy and utilities,inflation"
data-details="">
Video Ad Feedback
'I can't withstand the heat': Americans behind on utility bills face extreme weather
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-07-26T14:30:15Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/07/26/european-union-reducing-gas-consumption-russia-supply-winter-firstmove-vpx.cnn"
data-branding-key=""
data-video-slug="european union reducing gas consumption russia supply winter firstmove vpx"
data-first-publish-slug="european union reducing gas consumption russia supply winter firstmove vpx"
data-video-tags="business and industry sectors,business, economy and trade,energy and utilities,energy consumption,european union,government organizations - intl,natural gas,oil and gas industry,clare sebastian,continents and regions,eastern europe,europe,misc people,russia,ukraine"
data-details="">
Video Ad Feedback
EU countries agree to reduce gas consumption to prep for winter
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-07-21T15:08:36Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/07/21/international-energy-agency-european-gas-consumption-firstmove-intl-ldn-vpx.cnn"
data-branding-key=""
data-video-slug="international energy agency european gas consumption firstmove intl ldn vpx"
data-first-publish-slug="international energy agency european gas consumption firstmove intl ldn vpx"
data-video-tags="business and industry sectors,business, economy and trade,continents and regions,energy and utilities,energy and utility policy,energy consumption,europe,government organizations - intl,international energy agency"
data-details="">
Video Ad Feedback
IEA director says Europe needs to lower gas consumption to prepare for winter
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-07-19T17:25:36Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/07/19/france-finance-minister-bruno-le-maire-russia-europe-gas-supply-uae-ctw-vpx.cnn"
data-branding-key=""
data-video-slug="france finance minister bruno le maire russia europe gas supply uae ctw vpx"
data-first-publish-slug="france finance minister bruno le maire russia europe gas supply uae ctw vpx"
data-video-tags="becky anderson,continents and regions,eastern europe,europe,france,middle east,middle east and north africa,misc people,russia,united arab emirates,western europe"
data-details="">
Video Ad Feedback
French finance minister says country prepping for cutoff of Russian gas supply
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-07-05T19:03:29Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/07/05/hungary-foreign-minister-russian-energy-purchase-ukraine-amanpour-intl-vpx.cnn"
data-branding-key=""
data-video-slug="hungary foreign minister russian energy purchase ukraine amanpour intl vpx"
data-first-publish-slug="hungary foreign minister russian energy purchase ukraine amanpour intl vpx"
data-video-tags="christiane amanpour,continents and regions,eastern europe,europe,government and public administration,government bodies and offices,government departments and authorities,hungary,international relations,international relations and national security,misc people,russia,state departments and diplomatic services,ukraine,russia-ukraine conflict,unrest, conflicts and war"
data-details="">
Video Ad Feedback
Hungarian foreign minister on why the country is still buying Russian energy
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-06-10T15:02:45Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/06/10/low-price-gas-station-affil-vpx.ktvk-kpho"
data-branding-key="good-stuff"
data-video-slug="low price gas station affil vpx"
data-first-publish-slug="low price gas station affil vpx"
data-video-tags="arizona,continents and regions,north america,phoenix,southwestern united states,the americas,united states"
data-details="">
Video Ad Feedback
Hear why this gas station owner is selling gas at a loss
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-03-23T02:00:31Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/03/23/fuel-prices-gas-breakdown-js-orig.cnn"
data-branding-key=""
data-video-slug="fuel prices gas breakdown js orig"
data-first-publish-slug="fuel prices gas breakdown js orig"
data-video-tags="banking, finance and investments,business and industry sectors,business, economy and trade,commodity markets,consumer products,economic conditions,economic indicators,economy and economic indicators,energy and resources,energy and utilities,energy commodities,energy economic indicators,financial markets and investing,inflation,oil and gas industry,oil prices,price increases"
data-details="">
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-06-08T15:11:51Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/06/08/oecd-secretary-general-global-economic-report-russia-oil-embargo-inflation-firstmove-vpx.cnn"
data-branding-key=""
data-video-slug="oecd secretary general global economic report russia oil embargo inflation firstmove vpx"
data-first-publish-slug="oecd secretary general global economic report russia oil embargo inflation firstmove vpx"
data-video-tags="business, economy and trade,celebrities,continents and regions,developing countries,eastern europe,economic conditions,economic development,economic indicators,economy and economic indicators,europe,inflation,julia chatterley,non-profit and ngo organizations,organisation for economic co-operation and development,russia,russia-ukraine conflict,trade and development,ukraine,unrest, conflicts and war"
data-details="">
Video Ad Feedback
OECD secretary-general explains global cost of the Russian oil embargo
Norwegian police arrested seven Greenpeaceactivists on Monday after they chained themselves to a Russian oil tanker to try to prevent it docking at a port in Norway operated by Exxon.
The Ust Luga — loaded with Russian jet fuel worth $116 million — was on its way to Slagentangen port, about 53 miles south of the capital Oslo, when activists chained themselves to its anchor, Aud Hegli Nord?, a spokesperson for Greenpeace Nordic, told CNN.
The Slagen oil terminalis owned by Esso, a subsidiary of US oil giant ExxonMobil.
In a bid to block the tanker from docking, sevenGreenpeace activists set off in boats across the Oslo Fjord waters and chained themselves to the anchor, said Nord?.
All were taken into police custody, in addition to several activists from climate action group Extinction Rebellion who joined the blockade, a spokesperson for Greenpeace confirmed to CNN. The ER activists were later released.
The Ust Luga is now docked in Slagen, according to tracking site Marine Traffic.
“The fact that our government still allows the import of Russian fossil fuels in the current situation is unfathomable,” Frode Pleym, head of Greenpeace Norway, said in a statement to CNN.
“I am shocked that Norway operates as a free port for Russian oil, which we know finances [Russian President Vladimir] Putin’s warfare.”
The Ust Luga tanker is registered in Hong Kong, according to Marine Traffic.
The vessel is operated by Russian gas producer Novatek, according to shipping data provider Lloyd’s ListIntelligence. Novatek’s CEO and major shareholder is the oligarch Leonid Mikhelson, who CNN has previously reported as having close ties to Putin.
A police boat at the scene as members of Greenpeace stage a protest against the Ust Luga on Monday, April 25.
Ole Berg-Rusten/AP
“The transport of oil from Russia is not itself a violation of the sanctions that currently apply in the EU or in Norway,” Ane Haavardsdatter Lunde, a communications adviser for Norway’s Ministry of Foreign Affairs, told CNN in a statement. “The Norwegian authorities therefore have no legal basis to stop a delivery such as this.”
“In areas outside the scope of the sanctions, it is the Government’s view that each company must independently decide which actions it will take beyond those that comply with the existing legislation,” she added.
A spokesperson for ExxonMobil told CNN in a statement that deliveries of Russian fuel to Norway “are fulfilling contracts that were in place prior to the invasion.”
“We have not made any new purchases of Russian products since the invasion, and there are no plans for future purchases,” she said.
“We are fully complying with all sanctions, and we support the internationally coordinated efforts to bring Russia’s unprovoked attack to an end,” the spokesperson added.
A raft of energy companies exited Russia after President Vladimir Putin ordered troops into Ukraine in late February. BP
(BP),Shell
(SHLX) and Norwegian state oil company Equinor have stopped trading Russian oil or entering into new contracts.
Exxon, which had been operating in Russia for more than 25 years, pledged to pull out of its Sakhalin-1 venture — a vast oil and natural gas project located off Sakhalin Island in the Russian Far East.