# Britain sanctions Russia’s Vostok Oil project in new energy crackdown

- URL: https://talkfuse.com/story/britain-targets-russias-50bn-arctic-oil-project-in-new-sanctions-package-as-burnham-vows-to-turn-the-screws-on-putins-war-funds/
- Published: 2026-11-12T15:37:29+00:00
- Updated: 2026-11-12T15:47:24+00:00
- Original publisher: Daily Mail (publisher lean: Right)
- Original article: https://www.dailymail.com/news/article-16287599/Britain-targets-Russias-50bn-Arctic-oil-project-new-sanctions-package-Burnham-vows-turn-screws-Putins-war-funds.html?ns_mchannel=rss&ns_campaign=1490&ito=1490
- Topics: Europe, Geopolitics, Government, Politics, UK, World

## Key points

- UK sanctions Russia’s flagship Arctic oil project.
- Measures also target oil, gas and coal interests.
- Leaders discussed Ukraine talks at a Dublin summit.

## Summary

Britain has announced a new package of sanctions targeting Russia’s Arctic Vostok Oil project and other parts of its energy industry, as Prime Minister Andy Burnham urged European leaders to increase pressure on Vladimir Putin. The measures are intended to reduce Russian oil revenues and encourage the Kremlin to agree to a ceasefire and engage in peace talks over Ukraine.

Vostok Oil, a state-controlled Rosneft project on the Taimyr Peninsula, is part of an investment estimated at nearly $50 billion (£38 billion). The package also targets Russia’s oil and gas “shadow fleet”, major coal companies and oil firm Slavneft; the Government says Britain is now the first country to sanction all of Russia’s ten largest oil producers. The announcement came as European leaders discussed Ukraine following US-brokered talks in Abu Dhabi involving representatives of Ukraine, Russia and the US.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.