‘In these times, profits must be shared and channelled to those who need it the most’ says Ursula von der Leyen
Tag: Oil
Norwegian oil fund releases disastrous results, warns of tough times ahead
Its Russian equities were frozen in the wake of the invasion of Ukraine
Energy intensive sectors at risk amid concerns over gas shortages
With food and healthcare industries given priority, sectors like the chemical industry would shoulder a heavier burden
EC pledges nearly €1bn to boost Europe’s defences
‘Notably in space, cyber and various high-end capabilities’
Divisions emerge as Europe plots to end Russian oil imports
As German exports to Russia hit two-year low
Germany struggles to wean itself off Russian energy
Amid fears of job losses, hits to production and shutdowns
Russian invasion to permanently shake up European energy policy
‘Investors need to be more selective as stocks become more expensive’ says Lombard Odier Private Bank CIO
EU moves to reduce reliance on Russian gas by 2030
It has outlined price regulation, state aid, and tax measures
Oil reserves released to tackle rising prices and inflation
Only the fourth time such a decision has been taken since 1974
