Those Selling Russian Assets Face Few Options, Steep Losses

This post was originally published on this siteInvestors seeking to offload holdings in Russian assets will find that the actual unwinding will be a complex and potentially expensive endeavor. A growing number of institutions are rethinking their portfolios in the wake of Russia’s invasion of Ukraine. Norway said it’s removing Russian assets from its $1.3 trillion wealth

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Oil Soars as More Sanctions on Russia Spur Energy Crisis Fears

This post was originally published on this siteFeb 28, 2022 (Bloomberg) Oil surged as energy and commodity markets were thrown into disarray after Western nations unleashed more sanctions to isolate Russia following its invasion of Ukraine. Brent futures jumped as much as 7.3% on concern that oil supply — already stretched amid rebounding demand — may tighten further

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Filings buzz: tracking the future of work mentions in oil and gas industry

This post was originally published on this siteMentions of the future of work within the filings of companies in the oil and gas industry were 491% higher between October 2020 and September 2021 than in 2016, according to the latest analysis of data from GlobalData. !function(){“use strict”;window.addEventListener(“message”,(function(e){if(void 0!==e.data[“datawrapper-height”]){var t=document.querySelectorAll(“iframe”);for(var a in e.data[“datawrapper-height”])for(var r=0;r<t.length;r++){if(t[r].contentWindow===e.source)t[r].style.height=e.data["datawrapper-height"][a]+"px"}}}))}(); When companies

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Exxon faces new pressure over dealings with Russia’s Rosneft

This post was originally published on this siteExxon Mobil likely will face new pressure to severe ties with Russia’s largest oil producer, said analysts, after rival BP agreed to unload a Rosneft stake. Russia’s attack on Ukraine has unleashed broad economic and political rebukes and corporate withdrawals by banks, technology and other firms unprecedented in their

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Ukraine conflict: Anonymous declares cyberwar on Russia

This post was originally published on this siteThe cyberwar in Ukraine intensified over the weekend as hacking group Anonymous joined the fray, declaring that it is officially at war “against the Russian government”. The group has already taken credit for a number of cyber incidents, including distributed denial of service (DDoS) attacks against Russian government

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