On the morning of 12 December (9:00 CET), an explosion at the major European gas hub at Baumgarten in Austria forced the operator to close the gas facility. Italian gas prices surged as a result to 80€/MWh or 27$/MMBtu and Italy declared a state of emergency regarding energy supplies. Flows restarted later the same evening […]
This third OIES Brexit publication looks at the European-wide EU emissions trading system (EU ETS) issues. We argue that the many burdensome patches to be implemented, together with those that are already agreed or discussed, are as nothing compared to the Brexit unknowns if there is no united political will.
OIES study on Russia’s refining system reviewed: Plans for further additions of more complex refining units have be… https://t.co/GTmB7XB5g0
New OIES paper on Russian refining sector and fuel oil exports: From 2015, as a result of new export tax policies,… https://t.co/2OFbXIbbUX
Russia’s heavy fuel oil exports: challenges and changing rules at home and abroad https://t.co/cDMQaw7xP9