U.S., EU Sanctions on Russia Could Ensnarl Western Oil Companies

LONDON—Some of the West’s largest oil corporations could uncover on their own in the crosshairs of sanctions now remaining drafted by their property governments against Russia.

The U.S. and Europe are not weighing sanctions versus Russian exports of oil and pure gasoline right given issue they could enhance already higher electricity expenditures in Europe. But officials have outlined probable, wide limitations on technologies transfers and export controls into Russia, The Wall Road Journal has claimed. Such sanctions, if used broadly sufficient, could hamper access to critical gear and know-how by all organizations operating in Russia, which includes models and associates of these Western electrical power providers.