HR7094-119

What This Bill Does

The No Aid for Russian Energy Act targets the Russian petroleum sector. Section 2 requires the President to prohibit the export, reexport, sale, or supply of petroleum equipment and services from the United States or by U.S. persons to any person in the Russian Federation. Within 60 days, the President must also prohibit foreign entities owned or controlled by U.S. persons from knowingly engaging in the same transactions if they would be barred under IEEPA when done by a U.S. person or in the United States. The ban excludes petroleum-manufacturing isotopes used for medical, agricultural, or environmental purposes such as Carbon-13. Section 3 requires blocking sanctions and visa restrictions against foreign persons that supply covered petroleum equipment and services to Russia, while preserving exceptions for humanitarian aid, food, medicine, medical devices, humanitarian financial transactions, UN Headquarters obligations, and related transport. Section 4 applies IEEPA authorities and penalties, allows 180-day national-security waivers with congressional certification, and requires regulations within 180 days, including amendments to 31 C.F.R. part 587.

Who Benefits and How

Ukraine policy advocates, national-security officials, sanctions enforcement staff, and non-Russian energy competitors benefit because the bill cuts U.S. and foreign support for Russian oil, condensate, and natural gas exploration and production. Humanitarian organizations, medical isotope suppliers, agriculture users, and environmental users benefit from explicit exceptions for food, medicine, humanitarian aid, and petroleum-derived isotopes such as Carbon-13.

Who Bears the Burden and How

U.S. petroleum equipment exporters, U.S. engineering firms, software vendors, cloud-data providers, petroleum consultants, foreign subsidiaries of U.S. companies, foreign petroleum service suppliers, and Russian petroleum operators face new prohibitions, blocked-property sanctions, visa restrictions, compliance screening, contract cancellations, and IEEPA penalties. Treasury, State, Homeland Security, Commerce, and other implementing agencies must write regulations, screen foreign persons, revoke visas, process waivers, enforce penalties, and report national-security waiver rationales to Congress.

Key Provisions

• Prohibits U.S. persons from supplying petroleum equipment and services to persons located in the Russian Federation.
• Requires restrictions on foreign entities owned or controlled by U.S. persons within 60 days.
• Requires blocking sanctions and visa restrictions for foreign persons supplying covered petroleum support to Russia.
• Exempts humanitarian aid, food, medicine, medical devices, humanitarian financial transactions, and certain international-obligation admissions.
• Applies IEEPA authorities and penalties and requires implementing regulations within 180 days.
• Defines petroleum equipment and services to include exploration, production, software, engineering, consulting, training, technology transfer, and intellectual property licensing.