Tag: opec
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Constitutional Court Decision – OPEC Labor Law Exemption Unconstitutional
OPEC's exemption from Austrian labor courts is unconstitutional. The Constitutional Court (VfGH) examined the state treaty with the Organization of the Petroleum Exporting...
Offers delivery – Putin on gas: ‘All you have to do is turn on the tap’
After the leaks in the Nord Stream pipelines in the Baltic Sea, Russian President Vladimir Putin has offered gas deliveries through the still operational...
Strong criticism from the US – Saudi Arabia defends cuts in oil production
While US President Joe Biden threatens Saudi Arabia with consequences over OPEC's recently decided oil production cuts, the kingdom is defending itself against heavy...
US angry with Saudis – OPEC torpedoed sanctions against Russia
As the US and Europe try to use sanctions to significantly reduce Russia's main sources of revenue - the gas price cap currently being...
Calls for price ceiling – Nehammer warns against embargo on Russian gas
Karl Nehammer has warned of an "embargo on Russian gas through the back door". "Austria favors a gas price ceiling," the chancellor said...
