Dryad Global's latest Maritime Security Threat Advisory highlighted reports that industry-wide insured marine losses from the Russia-Ukraine conflict could range from $3-6 billion.
Russia and its partners in the Organization of Petroleum Exporting Countries plan to hold their next meeting at the beginning of June to discuss the market situation.
Although there has been progress at COP27 on some issues, including agreements to curb methane leakage, pledges to reduce emissions have slowed since last year.
Upon closing of the transaction, AEP said it gained a net of approximately $1.2 billion in cash after taxes, transaction fees, and other customary adjustments.