ukraine

Swedish Pensions Agency Suspends Three Eastern European Funds in Sweden

The Swedish Pensions Agency (SPA) on Monday announced that three Eastern European funds that were suspended due to the war…

3 years ago

How sanctions complicated day-to-day banking for Russians

Financial sanctions against Russia have strangled its banks' profits and wrecked many lenders' international operations, but one year after Moscow…

3 years ago

Lost Russian oil revenue is bonanza for shippers, refiners

Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars towards shipping and…

3 years ago

Shell makes record $40 bln profit in tumultuous 2022

Shell delivered a record $40 billion profit in 2022, the energy giant said on Thursday, capping a tumultuous year in which…

3 years ago

Shell LNG trading provides quarterly boost despite output drop

Earnings from Shell's liquefied natural gas (LNG) trading operations are likely to have been significantly higher in the fourth quarter of…

3 years ago

Exclusive: Tokyo Gas unit nears $4.6 billion deal to buy U.S. natgas producer

A unit of Tokyo Gas Co Ltd is in advanced talks to buy U.S. natural gas producer Rockcliff Energy from private…

3 years ago

ECB to slow rate hikes and lay out plans to drain cash

The European Central Bank is set to raise interest rates for the fourth time in a row on Thursday, although…

3 years ago

Germany’s half-a-trillion dollar energy bazooka may not be enough

Germany is bleeding cash to keep the lights on. Almost half a trillion dollars, and counting, since the Ukraine war…

3 years ago

China shipyards feast on record LNG tanker orders as South Korea builders are full up

China is making fast inroads in the market for newbuild liquefied natural gas (LNG) tankers as local and foreign shipowners…

3 years ago

Analysis: G7 Russian oil price cap evolves from revenue squeeze to market anchor

When U.S. officials first floated the idea of capping Russian oil export prices in response to a planned European embargo…

3 years ago