On 12 November 2026, the United Kingdom announced a new package of sanctions against Russia’s energy sector. The oil company Slavneft was added to the list. With this step, London became the first country in the world to impose restrictive measures on all ten of Russia’s largest oil-producing companies.
The measures were announced against the backdrop of the European Political Community summit in Dublin. British Prime Minister Andy Burnham arrived at the meeting and called on partners to continue increasing pressure on Russia so that it would approach peace negotiations seriously.
In addition to Slavneft, the new sanctions package included vessels of the so-called “shadow fleet” used to transport Russian oil and liquefied natural gas, major coal companies, as well as Rosneft’s flagship Arctic project — LLC Vostok Oil. A number of other entities were also targeted, including SIBUR Holding.
According to the British authorities, the sanctions are aimed at virtually every link in Russia’s energy revenue chain — from production and trading networks to supply chains and ships. The goal is to limit Moscow’s ability to generate funds used to finance the war against Ukraine.
Prime Minister Andy Burnham stated: “Peace talks on Ukraine have progressed, but now is not the time for complacency. We must continue to ramp up pressure on Russia to agree to a full and immediate ceasefire. That is why the UK has announced a sweep of new sanctions to turn the screws on Russia’s oil revenues and drive forward an end to the Kremlin’s needless war.”
Previously, British sanctions had already targeted Rosneft, Lukoil, Gazprom Neft, Surgutneftegas, Bashneft, Tatneft, Russneft, Zarubezhneft and other major producers. The inclusion of Slavneft completed the list of Russia’s ten largest oil-producing companies.
The sanctions were announced following talks in Abu Dhabi and against the backdrop of ongoing efforts to achieve a ceasefire.
