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As SWIFT ban hits banks, spotlight turns on how Russia sells its oil | Hellenic Shipping News Worldwide

Concern is growing over the impact that a ban announced Feb. 26 on Russian banks using the SWIFT international payment system could have on the trading of Urals crude oil. Russia’s key grade shipped to Europe and the US is medium sour Urals. This crude is mainly sourced from fields in European Russia and West .

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How worried should Asia be about conflict in Ukraine? | Hellenic Shipping News Worldwide

Combined with existing market tightness, concerns over disruption to Russian energy supplies in the event of conflict in Ukraine have pushed spot prices towards record levels. Across virtually all energy and natural resources, backwardation is back with a bang. Inevitably, much of the attention is focused on the impact on Europe – in particular its .

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How worried should Asia be about conflict in Ukraine?

While unlikely to disrupt physical supplies, military escalation would push prices higher for Asia’s import dependent economies.

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Chayandinskoye Field, Yakutia - Hydrocarbons Technology

Chayandinskoye Field, Yakutia - Hydrocarbons Technology
hydrocarbons-technology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hydrocarbons-technology.com Daily Mail and Mail on Sunday newspapers.

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Climate Change and Siberia: No time for climate inaction

Without a concerted nationwide push from Moscow towards a climate sensitive Russia, it seems that Putin’s changing attitudes towards climate could end up being nothing more than words.

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