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Equinor : third quarter 2023 safety results -October 20, 2023 at 02:05 am EDT

Equinor s positive safety trend continues. The number of serious incidents per million hours worked is still declining at the end of the third quarter, measured over the past 12 months. .

Lost Russian oil revenue is bonanza for shippers, refiners | Hellenic Shipping News Worldwide

Lost Russian oil revenue is bonanza for shippers, refiners | Hellenic Shipping News Worldwide
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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 refining firms, some with Russian connections.

Lost Russian oil revenue is bonanza for shippers, refiners

By Dmitry Zhdannikov, Chen Aizhu and Nidhi Verma LONDON (Reuters) -Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars towards shipping and refining firms, some with Russian

INSIGHT-Lost Russian oil revenue is bonanza for shippers, refiners

The ban on shipping and the price cap have made buyers wary and forced Russia to pay for transportation of crude as it does not have enough tankers to carry all of its exports. As of late January, Russian oil firms were offering discounts of $15-$20 per barrel for crude to buyers in India and China, according to at least 10 of the traders who are involved in operations and an invoice seen by Reuters.

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