Key Senator Says U.S. Office Can Lift Part of Oil Export Ban

Lisa Murkowski / AP

(Reuters) – A U.S. government office has the power to approve exports of an abundant type of petroleum and help energy companies begin to partially bypass a 40-year ban on crude exports, according to a report released on Tuesday by Lisa Murkowski, the top Republican on the Senate Energy and Natural Resources Committee.

CEOs of Biggest Russian Firms Could Be Hit by Sanctions

Gazprom CEO Alexei Miller  with Russian President Vladimir Putin / AP

SEVASTOPOL/DONETSK, Ukraine (Reuters) – The CEOs of Russia’s two largest firms are on a list of those who may be hit next week with European and U.S. sanctions over the Crimea crisis, a German newspaper said on Friday, suggesting tougher than expected measures against Russia’s elite.

Moscow shipped more troops and armor into Crimea on Friday and repeated its threat to invade other parts of Ukraine, showing no sign of heeding Western pleas to back off from the worst East-West confrontation since the Cold War.