Tag: Oil & gas

Aug 13

ECB Working Paper: The pass-through to inflation of gas price shocks

In a recent report, ECB acknowledges sanctions on Russian goods and assets have caused the surge in  inflation rates all over Europe. “The recent inflation surge in the euro area was significantly influenced by energy prices, particularly gas following Russia’s invasion of Ukraine in February 2022. (…) In comparison to oil price shocks, gas price …

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Apr 21

Greece in the arms of Russia and China

Following the “suggestion” from rhe Germany’s finance minister Wolfgang Schauble who said the Greeks are free to pursue deals with Russia and China as they rush to avoid an impending bankruptcy, the Greek Government is to sign an agreement with the Russian President, Vladimir Putin, after the many deals China closed in logistics and industry …

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Sep 01

France shale ban

France isn’t prepared to tap its shale energy resources until “clean technologies” are invented to replace hydraulic fracturing, Industry Minister Arnaud Montebourg said as reported by Bloomberg. IEA’s opinion on fracking does not differ much: “Industry must win public confidence by demonstrating exemplary performance; and governments must ensure that appropriate policies and regulatory regimes are …

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