OrganisationCurrently listed

Coral Energy DMCC

Listed by UK Sanctions List, EU Consolidated List, SECO (Switzerland)
United Arab Emirates
First listed 2024-12-17
3 aliases

List entries (3)

Raw record available under each Source badge

EU Consolidated ListActive listingID 177241

Source

Verified: copied from a structured field of an authoritative source

Source: EU Consolidated List
Retrieved: 2026-09-29
Source date: 2025-07-19
Extractor: eu-xml-parser

Raw evidence

<sanctionEntity designationDate="2025-07-18" designationDetails="" unitedNationId="" euReferenceNumber="EU.13392.35" logicalId="177241">
        <regulation regulationType="amendment" organisationType="council" publicationDate="2025-07-19" entryIntoForceDate="2025-07-19" numberTitle="2025/1476 (OJ L202501476)" programme="UKR" logicalId="214958">
            <publicationUrl>https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:L_202501476</publicationUrl>
        </regulation>
        <subjectType code="enterprise" classificationCode="E"/>
        <nameAlias firstName="" middleName="" lastName="" wholeName="Coral Energy DMCC" function="" title="" nameLanguage="EN" strong="true" regulationLanguage="en" logicalId="177243">
            <regulationSummary regulationType="amendment" publicationDate="2025-07-19" numberTitle="2025/1476 (OJ L202501476)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:L_202501476"/>
        </nameAlias>
        <nameAlias firstName="" middleName="" lastName="" wholeName="2Rivers" function="" title="" nameLanguage="EN" strong="true" regulationLanguage="en" logicalId="177244">
            <regulationSummary regulationType="amendment" publicationDate="2025-07-19" numberTitle="2025/1476 (OJ L202501476)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:L_202501476"/>
        </nameAlias>
        <nameAlias firstName="" middleName="" lastName="" wholeName="2Rivers DMCC" function="2Rivers DMCC is a Dubai-based oil-trading company." title="" nameLanguage="EN" strong="true" regulationLanguage="en" logicalId="177245">
            <remark>Place of registration: Dubai, United Arab 
Emirates
Date of registration: 19.1.2018</remark>
            <regulationSummary regulationType="amendment" publicationDate="2025-07-19" numberTitle="2025/1476 (OJ L202501476)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:L_202501476"/>
        </nameAlias>
        <address city="Dubai" street="3902-A Unit No.1 Platinum Tower" poBox="" zipCode="" region="" place="" asAtListingTime="false" countryIso2Code="AE" countryDescription="UNITED ARAB EMIRATES" regulationLanguage="en" logicalId="177242">
            <regulationSummary regulationType="amendment" publicationDate="2025-07-19" numberTitle="2025/1476 (OJ L202501476)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:L_202501476"/>
        </address>
    </sanctionEntity>

Name on list: Coral Energy DMCC
Programmes / regimes: UKR
Listed on: 2025-07-18
Last updated: 2025-07-19
Aliases: 2Rivers · 2Rivers DMCC
Countries: United Arab Emirates
Addresses: 3902-A Unit No.1 Platinum Tower, Dubai, UNITED ARAB EMIRATES
Identifiers: EU reference: EU.13392.35
Legal act: 2025/1476 (OJ L202501476) – https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:L_202501476
Remarks: Place of registration: Dubai, United Arab Emirates Date of registration: 19.1.2018

SECO (Switzerland)Active listingID 95709

Source

Verified: copied from a structured field of an authoritative source

Source: SECO (Switzerland)
Retrieved: 2026-09-29
Source date: 2025-08-12
Extractor: seco-xml-parser

Raw evidence

<target ssid="95709"><sanctions-set-id>27286</sanctions-set-id><entity><identity ssid="95713" main="true"><name ssid="95716" name-type="primary-name" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>2Rivers DMCC</value></name-part></name><name ssid="95717" name-type="alias" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>2Rivers</value></name-part></name><name ssid="95718" name-type="alias" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Coral Energy DMCC</value></name-part></name><day-month-year ssid="95715" day="19" month="1" year="2018" calendar="Gregorian" quality="good"/><address ssid="95714" place-id="1770" quality="good"><address-details>3902-A Unit No.1 Platinum Tower</address-details></address></identity><justification ssid="95710">2Rivers DMCC is a Dubai-based oil-trading company. Along with 2Rivers PTE Ltd, also owned by Vetus Investments, it forms the 2Rivers Group, previously known as Coral Energy. The 2Rivers Group enables shipments and export of Russian oil, notably from Rosneft, by concealing the actual origin of the oil. In particular, the 2Rivers Group controls a large proportion of the vessels in Russia’s so-called “shadow fleet”. The 2Rivers Group continues to operate the same network as Coral Energy, which includes associated entities such as Nord Axis and Bellatrix Energy, regardless of its change in name and ownership, as demonstrated by the connection between the previous owner and the new management. Furthermore, the energy sector, in particular the oil sector, is a sector providing substantial revenue to the Russian Government.</justification><justification ssid="95711">Therefore, 2Rivers DMCC is significantly frustrating the provisions of Regulation (EU) No 833/2014, in particular Article 3m. It is also involved in economic sectors providing a substantial source of revenue to the Government of the Russian Federation, which is responsible for the annexation of Crimea and the destabilisation of Ukraine.</justification><other-information ssid="95712">Place of registration: Dubai, United Arab Emirates</other-information></entity><modification modification-type="listed" enactment-date="2025-08-11" publication-date="2025-08-12" effective-date="2025-08-12"/></target>

Name on list: 2Rivers DMCC
Programmes / regimes: Situation in Ukraine
Listed on: 2025-08-12
Last updated: 2025-08-12
Aliases: 2Rivers · Coral Energy DMCC
Countries: United Arab Emirates
Addresses: 3902-A Unit No.1 Platinum Tower, Dubai, United Arab Emirates
Remarks: 2Rivers DMCC is a Dubai-based oil-trading company. Along with 2Rivers PTE Ltd, also owned by Vetus Investments, it forms the 2Rivers Group, previously known as Coral Energy. The 2Rivers Group enables shipments and export of Russian oil, notably from Rosneft, by concealing the actual origin of the oil. In particular, the 2Rivers Group controls a large proportion of the vessels in Russia’s so-called “shadow fleet”. The 2Rivers Group continues to operate the same network as Coral Energy, which includes associated entities such as Nord Axis and Bellatrix Energy, regardless of its change in name and ownership, as demonstrated by the connection between the previous owner and the new management. Furthermore, the energy sector, in particular the oil sector, is a sector providing substantial revenue to the Russian Government. Therefore, 2Rivers DMCC is significantly frustrating the provisions of Regulation (EU) No 833/2014, in particular Article 3m. It is also involved in economic sectors providing a substantial source of revenue to the Government of the Russian Federation, which is responsible for the annexation of Crimea and the destabilisation of Ukraine. Place of registration: Dubai,

UK Sanctions ListActive listingID RUS2381

Source

Verified: copied from a structured field of an authoritative source

Source: UK Sanctions List
Retrieved: 2026-09-29
Source date: 2026-06-09
Extractor: uk-xml-parser

Raw evidence

<Designation>
    <LastUpdated>09/06/2026</LastUpdated>
    <DateDesignated>17/12/2024</DateDesignated>
    <UniqueID>RUS2381</UniqueID>
    <OFSIGroupID>16717</OFSIGroupID>
    <Names>
      <Name>
        <Name6>2Rivers DMCC</Name6>
        <NameType>Primary Name</NameType>
      </Name>
      <Name>
        <Name6>2Rivers</Name6>
        <NameType>Primary Name Variation</NameType>
      </Name>
      <Name>
        <Name6>Coral Energy DMCC</Name6>
        <NameType>Primary Name Variation</NameType>
      </Name>
      <Name>
        <Name6>Coral Energy Group</Name6>
        <NameType>Primary Name Variation</NameType>
      </Name>
    </Names>
    <RegimeName>The Russia (Sanctions) (EU Exit) Regulations 2019</RegimeName>
    <IndividualEntityShip>Entity</IndividualEntityShip>
    <DesignationSource>UK</DesignationSource>
    <SanctionsImposed>Asset freeze|Trust Services Sanctions|Director Disqualification Sanction|Transport sanctions: see "Other information"</SanctionsImposed>
    <SanctionsImposedIndicators>
      <AssetFreeze>true</AssetFreeze>
      <ArmsEmbargo>false</ArmsEmbargo>
      <TargetedArmsEmbargo>false</TargetedArmsEmbargo>
      <CharteringOfShips>false</CharteringOfShips>
      <ClosureOfRepresentativeOffices>false</ClosureOfRepresentativeOffices>
      <CrewServicingOfShipsAndAircraft>false</CrewServicingOfShipsAndAircraft>
      <Deflag>false</Deflag>
      <PreventionOfBusinessArrangements>false</PreventionOfBusinessArrangements>
      <ProhibitionOfPortEntry>false</ProhibitionOfPortEntry>
      <TravelBan>false</TravelBan>
      <PreventionOfCharteringOfShips>false</PreventionOfCharteringOfShips>
      <PreventionOfCharteringOfShipsAndAircraft>false</PreventionOfCharteringOfShipsAndAircraft>
      <TechnicalAssistanceRelatedToAircraft>false</TechnicalAssistanceRelatedToAircraft>
      <TrustServicesSanctions>true</TrustServicesSanctions>
      <DirectorDisqualificationSanction>true</DirectorDisqualificationSanction>
    </SanctionsImposedIndicators>
    <OtherInformation>Transport sanctions: where transport sanctions apply, a ship owned, controlled, chartered or operated by a designated person is prohibited from entering a port in the UK, may be given a movement or a port entry direction, can be detained, and will be refused permission to register on the UK Ship Register or have its existing registration terminated. Similarly, an aircraft owned, chartered or operated by a designated person is prohibited from overflying or landing in the UK, may be given a movement direction, can be detained or moved to a specified airport, and will be refused permission to register on the CAA Aircraft Register or have its existing registration terminated. This also includes a prohibition of technical assistance relating to aircraft and ships: a prohibition on the provision of technical assistance relating to aircraft or ships will prevent a person from directly or indirectly providing technical assistance to, or for the benefit of, the designated person, where that technical assistance relates to an aircraft or ship. The Director Disqualification Sanction was imposed on 09/04/2025.</OtherInformation>
    <UKStatementofReasons>
2Rivers DMCC is an involved person under the Russia (Sanctions) (EU Exit) Regulations 2019 based on the following ground:  
  
The Secretary of State considers that there are reasonable grounds to suspect that 2Rivers DMCC is or has been involved in obtaining a benefit from or supporting the Government of Russia by carrying on business in a sector of strategic significance to the Government of Russia, namely the Russian energy sector.  
</UKStatementofReasons>
    <Addresses>
      <Address>
        <AddressLine1>Unit No: 3902, Platinum Towers</AddressLine1>
        <AddressLine2>Plot no JLT-PH1-I2</AddressLine2>
        <AddressLine3>Jumeriah Lakes Towers</AddressLine3>
        <AddressLine6>Dubai</AddressLine6>
        <AddressCountry>United Arab Emirates</AddressCountry>
      </Address>
    </

Name on list: 2Rivers DMCC
Programmes / regimes: Russia (Sanctions) (EU Exit) Regulations 2019
Listed on: 2024-12-17
Last updated: 2026-06-09
Aliases: 2Rivers · Coral Energy DMCC · Coral Energy Group
Countries: United Arab Emirates
Addresses: Unit No: 3902, Platinum Towers, Plot no JLT-PH1-I2, Jumeriah Lakes Towers, Dubai, United Arab Emirates
Identifiers: OFSI group ID: 16717
Remarks: 2Rivers DMCC is an involved person under the Russia (Sanctions) (EU Exit) Regulations 2019 based on the following ground: The Secretary of State considers that there are reasonable grounds to suspect that 2Rivers DMCC is or has been involved in obtaining a benefit from or supporting the Government of Russia by carrying on business in a sector of strategic significance to the Government of Russia, namely the Russian energy sector. Transport sanctions: where transport sanctions apply, a ship owned, controlled, chartered or operated by a designated person is prohibited from entering a port in the UK, may be given a movement or a port entry direction, can be detained, and will be refused permission to register on the UK Ship Register or have its existing registration terminated. Similarly, an aircraft owned, chartered or operated by a designated person is prohibited from overflying or landing in the UK, may be given a movement direction, can be detained or moved to a specified airport, and will be refused permission to register on the CAA Aircraft Register or have its existing registration terminated. This also includes a prohibition of technical assistance relating to aircraft a

Linked parties & vessels (0)

No linked parties recorded on the lists.

Timeline

No list changes detected since monitoring began.

About these lists

UK Sanctions List (UK Foreign, Commonwealth & Development Office): UK financial, trade and shipping sanctions designations, including specified ships. Official page.

EU Consolidated Financial Sanctions List (European Commission (DG FISMA)): Persons, groups and entities subject to EU financial sanctions, with legal acts. Official page.

Swiss SECO Sanctions List (State Secretariat for Economic Affairs SECO): Persons, entities and objects subject to Swiss sanctions under the Embargo Act. Official page.

Inclusion on a list is an administrative designation, not a criminal conviction. Designations can be challenged and are periodically reviewed; entries marked “no longer listed” have been removed from the respective list. The legal effect of a listing depends on the jurisdiction and the programme concerned.

Compiled automatically from official public sources. Name similarity is not identity; nothing here is a legal determination or allegation of wrongdoing. Verify against the linked official source before relying on any information.