European Commission / DG FISMA

Novus Middle East DMCC

Organisation · eu-181028

EU · Consolidated financial sanctions

Listed in source snapshot

Data through: Oct 15, 2026

Position in source: Novus Middle East DMCC is an oil trading company based in the UAE. Through Vetus Investments, it controls the 2Rivers Group, previously known as Coral Energy and formed by 2Rivers DMCC and 2Rivers PTE. The 2Rivers Group enables shipments and export of Russian oil, in particular from Rosneft, by concealing the actual origin of the oil.Through Vetus Investments, it controls the 2Rivers Group, previously known as Coral Energy and formed by 2Rivers DMCC and 2Rivers PTE. The 2Rivers Group enables shipments and export of Russian oil, in particular from Rosneft, by concealing the actual origin of the oil.
Addresses in source: Unit No: R30-D2 Reef Tower Plot No: JLT-PH2-O1A, Dubai, Jumeirah Lakes Towers, UNITED ARAB EMIRATES

UKR

Names and aliases (1)

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