Latest news
German gas subsidy plan may raise prices
German plans to subsidise households’ gas bills from next year risk impairing competition between suppliers and ultimately raising prices, the Leibniz Centre for European Economic Research (ZEW) said on Friday.
read more... 07/11/2022
Daily (04.11.2022): Oil prices fell amid US Federal Reserves a monetary tightening policies and weak economic data from China
Oil prices were bearish on Thursday, due to the US Federal Reserve's aggressive monetary tightening policies and concerns over the weak service sector data from China. Consequently, Brent crude traded 1.5% lower at $94.67 a barrel, and WTI oil fell by 2% to $88.17 a barrel.
read more... 04/11/2022
Google wants more restrictive ‘green’ hydrogen rules
As the multi-year discussion over “green” hydrogen rules continues in Brussels, the US tech giant Google, leading an alliance of several major companies, has called for more restrictions on what can constitute green hydrogen, countering those who seek looser rules.
read more... 04/11/2022
.jpg)
Greece to tax power firms on windfall profits from higher gas prices
Greece will impose supplementary tax bills on energy firms, its energy minister said on Thursday, after a regulator identified windfall profits stemming from elevated energy prices.
read more... 04/11/2022
G7 coalition has agreed to set fixed price for Russian oil
The Group of Seven rich nations and Australia have agreed to set a fixed price when they finalize a price cap on Russian oil later this month, rather than adopting a floating rate, sources said on Thursday.
read more... 04/11/2022