Europe’s Banks, Insurers Prepare for Potential Winter Power Cuts, Energy Rationing September 7, 2022 By Sinead Cruise and Iain Withers Some of Europe’s biggest banks are preparing back-up generators and to dim the lights as they brace for potential power...
G7 Expected to Advance Russia Oil Price Cap Plans With Insurance Playing Key Role September 2, 2022 By David Lawder Group of Seven finance ministers are expected to firm up plans on Friday to impose a price cap on Russian...
Exxon Begins Legal Action After Putin Blocks Its Final Russian Exit August 31, 2022 By Kevin Crowley Exxon Mobil Corp. took the first step toward filing a lawsuit against Russia after Vladimir Putin blocked the oil major...
Russian Coal Exports Effectively Halted by EU Ban, With Re/Insurance as Key Factor August 25, 2022 By Bloomberg News Russian coal exports were effectively halted by a European Union ban on entities within the 27-nation bloc servicing shipments of...
Russia Finds New Route to Get Oil to Market Via Tiny Egyptian Port August 5, 2022 By Julian Lee Russia appears to have found a new means of getting its oil to market with western sanctions looming for Moscow....
G7 Nations Mull Options to Deprive Moscow of Bumper Oil Profits August 3, 2022 The Group of Seven (G7) wealthy nations is looking at blocking the transportation of Russian oil among other options to...
G7 Countries Aim to Have Price Cap on Russia Oil Before Dec. 5, When Sanctions Kick In July 28, 2022 By Jan Strupczewski The Group of Seven richest economies aim to have a price-capping mechanism on Russian oil exports in place by Dec....
Return of Coal as Alternative to Russian Gas Threatens European Firms’ ESG Ratings July 26, 2022 By Carolyn Cohn and Christoph Steitz European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance...
Shipowners That Still Transport Russian Crude Are Reaping Big Rewards July 5, 2022 By Serene Cheong A handful of shipowners still willing to transport Russian crude are reaping big rewards on at least one route as...
G-7 Eyes Cap on Price of Russian Oil via Insurance, Shipping Restrictions June 27, 2022 By Chiara Albanese, Samy Adghirni and Alberto Nardelli Group of Seven nations are discussing a cap on the price of Russian oil that would work by imposing restrictions...