OrganisationCurrently listed

Novus Middle East DMCC

Listed by UK Sanctions List, EU Consolidated List, SECO (Switzerland)
United Arab Emirates
First listed 2025-12-18
2 aliases

List entries (3)

Raw record available under each Source badge

EU Consolidated ListActive listingID 181028

Source

Verified: copied from a structured field of an authoritative source

Source: EU Consolidated List
Retrieved: 2026-09-29
Source date: 2026-04-23
Extractor: eu-xml-parser

Raw evidence

<sanctionEntity designationDate="2026-04-23" designationDetails="" unitedNationId="" euReferenceNumber="EU.14025.16" logicalId="181028">
        <regulation regulationType="amendment" organisationType="council" publicationDate="2026-04-23" entryIntoForceDate="2026-04-23" numberTitle="2026/509 (OJ L202600509)" programme="UKR" logicalId="221340">
            <publicationUrl>https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:L_202600509</publicationUrl>
        </regulation>
        <subjectType code="enterprise" classificationCode="E"/>
        <nameAlias firstName="" middleName="" lastName="" wholeName="Novus Middle East DMCC" function="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." title="" nameLanguage="EN" strong="true" regulationLanguage="en" logicalId="181030">
            <regulationSummary regulationType="amendment" publicationDate="2026-04-23" numberTitle="2026/509 (OJ L202600509)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:L_202600509"/>
        </nameAlias>
        <nameAlias firstName="" middleName="" lastName="" wholeName="Altrum Group FZCO" function="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." title="Novus Middle East DMCC is an oil trading company based in the UAE." nameLanguage="EN" strong="true" regulationLanguage="en" logicalId="182346">
            <regulationSummary regulationType="amendment" publicationDate="2026-04-23" numberTitle="2026/509 (OJ L202600509)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:L_202600509"/>
        </nameAlias>
        <address city="Dubai" street="Unit No: R30-D2 Reef Tower Plot No: JLT-PH2-O1A" poBox="" zipCode="" region="Jumeirah Lakes Towers" place="" asAtListingTime="false" countryIso2Code="AE" countryDescription="UNITED ARAB EMIRATES" regulationLanguage="en" logicalId="181029">
            <regulationSummary regulationType="amendment" publicationDate="2026-04-23" numberTitle="2026/509 (OJ L202600509)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:L_202600509"/>
        </address>
        <identification diplomatic="false" knownExpired="false" knownFalse="false" reportedLost="false" revokedByIssuer="false" issueDate="2018-04-03" issuedBy="" latinNumber="" nameOnDocument="" number="-" region="" identificationTypeCode="regnumber" identificationTypeDescription="Registration Number" countryIso2Code="AE" countryDescription="UNITED ARAB EMIRATES" regulationLanguage="en" logicalId="182420">
            <regulationSummary regulationType="amendment" publicationDate="2026-04-23" numberTitle="2026/509 (OJ L202600509)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:L_202600509"/>
        </identification>
    </sanctionEntity>

Name on list: Novus Middle East DMCC
Programmes / regimes: UKR
Listed on: 2026-04-23
Last updated: 2026-04-23
Aliases: Altrum Group FZCO
Countries: United Arab Emirates
Addresses: Unit No: R30-D2 Reef Tower Plot No: JLT-PH2-O1A, Dubai, Jumeirah Lakes Towers, UNITED ARAB EMIRATES
Identifiers: EU reference: EU.14025.16
Registration number: -
Legal act: 2026/509 (OJ L202600509) – https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:L_202600509

SECO (Switzerland)Active listingID 105331

Source

Verified: copied from a structured field of an authoritative source

Source: SECO (Switzerland)
Retrieved: 2026-09-29
Source date: 2026-05-22
Extractor: seco-xml-parser

Raw evidence

<target ssid="105331"><sanctions-set-id>27286</sanctions-set-id><entity><identity ssid="105336" main="true"><name ssid="105339" name-type="primary-name" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Altrum Group FZCO</value></name-part></name><name ssid="105340" name-type="alias" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Novus Middle East DMCC</value></name-part></name><address ssid="105337" place-id="1770" quality="good"><address-details>Unit No: R30-D2 Reef Tower Plot No: JLT-PH2-O1A Jumeirah Lakes Towers Dubai</address-details></address></identity><justification ssid="105332">Altrum Group FZCOis 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. 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. Additionally, Altrum Group FZCOalso owns a company operating an important oil terminal in a third country, whose volume of Russian oil imports has considerably increased in 2025.</justification><justification ssid="105333">The energy sector, in particular the oil sector, is a sector providing a substantial source of revenue to the Russian Government.</justification><justification ssid="105334">Therefore, Altrum Group FZCO is involved in an economic sector 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. Furthermore, Altrum Group FZCO is associated with 2Rivers DMCC and 2Rivers PTE.</justification><other-information ssid="105335">Place of registration: United Arab Emirates</other-information><other-information ssid="106226">Date of registration: 3.4.2018</other-information></entity><modification modification-type="listed" enactment-date="2026-05-21" publication-date="2026-05-22" effective-date="2026-05-22"/></target>

Name on list: Altrum Group FZCO
Programmes / regimes: Situation in Ukraine
Listed on: 2026-05-22
Last updated: 2026-05-22
Aliases: Novus Middle East DMCC
Countries: United Arab Emirates
Addresses: Unit No: R30-D2 Reef Tower Plot No: JLT-PH2-O1A Jumeirah Lakes Towers Dubai, Dubai, United Arab Emirates
Remarks: Altrum Group FZCOis 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. 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. Additionally, Altrum Group FZCOalso owns a company operating an important oil terminal in a third country, whose volume of Russian oil imports has considerably increased in 2025. The energy sector, in particular the oil sector, is a sector providing a substantial source of revenue to the Russian Government. Therefore, Altrum Group FZCO is involved in an economic sector 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. Furthermore,

UK Sanctions ListActive listingID RUS3185

Source

Verified: copied from a structured field of an authoritative source

Source: UK Sanctions List
Retrieved: 2026-09-29
Source date: 2025-12-18
Extractor: uk-xml-parser

Raw evidence

<Designation>
    <LastUpdated>18/12/2025</LastUpdated>
    <DateDesignated>18/12/2025</DateDesignated>
    <UniqueID>RUS3185</UniqueID>
    <OFSIGroupID>17285</OFSIGroupID>
    <Names>
      <Name>
        <Name6>ALTRUM GROUP FZCO</Name6>
        <NameType>Primary Name</NameType>
      </Name>
      <Name>
        <Name6>NOVUS ENERGY DMCC</Name6>
        <NameType>Primary Name Variation</NameType>
      </Name>
      <Name>
        <Name6>NOVUS MIDDLE EAST DMCC </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. In addition to a prohibition of 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.        </OtherInformation>
    <UKStatementofReasons>
The Secretary of State has reasonable grounds to suspect that ALTRUM GROUP FZCO is an involved person under the Russia (EU Exit) (Sanctions) Regulations 2019 on the basis of the following ground: ALTRUM GROUP FZCO 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, including by dealing with UK-specified ships. 
</UKStatementofReasons>
    <Addresses>
      <Address>
        <AddressLine1>Unit No: R30-D2</AddressLine1>
        <AddressLine2>Reef Tower</AddressLine2>
        <AddressLine3>Plot No: JLT-PH2-O1A</AddressLine3>
        <AddressLine4>Jumeirah Lakes Towers</AddressLine4>
        <AddressLine5>Dubai</AddressLine5>
        <AddressCountry>United Arab Emirates</AddressCountry>
      </Address>
    </Addresses>
  </Designation>

Name on list: ALTRUM GROUP FZCO
Programmes / regimes: Russia (Sanctions) (EU Exit) Regulations 2019
Listed on: 2025-12-18
Last updated: 2025-12-18
Aliases: NOVUS ENERGY DMCC · NOVUS MIDDLE EAST DMCC
Countries: United Arab Emirates
Addresses: Unit No: R30-D2, Reef Tower, Plot No: JLT-PH2-O1A, Jumeirah Lakes Towers, Dubai, United Arab Emirates
Identifiers: OFSI group ID: 17285
Remarks: The Secretary of State has reasonable grounds to suspect that ALTRUM GROUP FZCO is an involved person under the Russia (EU Exit) (Sanctions) Regulations 2019 on the basis of the following ground: ALTRUM GROUP FZCO 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, including by dealing with UK-specified ships. 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. In addition to a prohibition of the provis

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.