Russia's Lukoil says it plans to sell international assets due to Western sanctions
Russia’s second-largest oil company, Lukoil LKOH.MM, announced on Monday that it plans to sell its international assets following U.S. sanctions imp...
According to Mediapart, OCCRP operates with an annual budget of €20 million, employing 200 people. Over the past decade, it received 52% of its funding, totalling $47 million, from the U.S. government. Additionally, $15.2 million came from the EU and other European governments, while $24.9 million w
Mediapart also reports that OCCRP received $2.2 million from the U.S. State Department between 2015 and 2019 for a project titled Balancing the Russian Media Space. Another $1.7 million was allocated from 2019 to 2023 for strengthening investigative journalism in Eurasia, focusing on regions such as Russia, China, and Central Asia.
The U.S. Department of State provided $2.3 million for a project in Malta and Cyprus to expose corruption and enhance investigative journalism, as detailed in federal funding records. This program was renewed in September 2023 with an additional $1.3 million. These regions are widely known for attracting Russian oligarchs, according to the report.
OCCRP participated in the Cyprus Confidential investigation, coordinated by the International Consortium of Investigative Journalists (ICIJ). The investigation focused on alleged financial misconduct and sanctions breaches in Cyprus. On 14 November 2023, Cyprus announced official investigations into claims of sanctions violations, with the findings published in collaboration with OCCRP. Three weeks later, teams from the FBI and FinCEN arrived in Cyprus to assist, according to official statements.
Mediapart’s investigation includes statements from OCCRP founder Drew Sullivan, who acknowledged that OCCRP avoids reporting on U.S.-related issues due to restrictions tied to funding from the U.S. government and the Open Society Foundations. USAID reportedly refers to OCCRP as a "partner organisation" and has oversight over projects and editorial leadership, as outlined in public records.
According to the same reports, several journalists who contributed to uncovering these connections have alleged threats from OCCRP’s leadership. These claims have been reported by Mediapart and other investigative outlets.
The questions raised by these findings underscore the complex relationship between investigative organisations and their funding sources. As these revelations continue to unfold, OCCRP’s role in global journalism remains a point of intense debate.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
Amazon AMZN.O is reportedly preparing to cut up to 30,000 corporate positions starting Tuesday, as part of a major cost-reduction effort aimed at correcting overhiring during the pandemic, according to three people familiar with the matter.
Russia’s second-largest oil company, Lukoil LKOH.MM, announced on Monday that it plans to sell its international assets following U.S. sanctions imposed last week over Moscow’s ongoing conflict in Ukraine.
Venezuelan Vice President and Oil Minister Delcy Rodriguez announced on Monday (October 27) that she will propose suspending a broad energy cooperation agreement with Trinidad and Tobago, including ongoing joint gas projects currently under negotiation.
Air travel chaos escalated across the United States on Monday as the federal government shutdown stretched into its 27th day, triggering widespread delays caused by air traffic controller absences. More than 4,300 flights were delayed nationwide by the afternoon, following 8,800 disruptions.
The UN has warned of an “ugly” humanitarian situation in El-Fasher, North Darfur, where civilians fleeing violence are at risk of starvation and ransom demands, officials said Monday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment