Latest news
EU seals agreement on world’s first carbon tariff
EU negotiators reached an agreement early on Tuesday morning (13 December) that will pave the way for Europe to set up the world’s first levy on carbon-intensive goods entering its market.
read more... 13/12/2022
Bulgaria imposes 33 per cent windfall tax on oil, gas and coal companies
Bulgaria's parliament approved on Tuesday a temporary windfall tax of 33% on oil, gas and coal companies, implementing a European Union-wide agreement on the issue.
read more... 07/12/2022
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EU reaches deal for $60/b price cap on Russian crude ahead of G7 deadline
The EU reached an agreement Dec. 2 for a $60/b price cap for Russian crude, paving the way for the G7-led initiative to launch Dec. 5, a move expected to further shake up global seaborne oil trade as Russian crude and oil products struggle to find new buyers.
read more... 05/12/2022
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Poland’s PPA price cap harms green operators
Poland’s plans to cap prices for green generators in power purchase agreement (PPA) deals will seriously hamper their profitability, market participants told Montel.
read more... 17/11/2022
EU to sign three deals for green hydrogen
The EU will sign three initial agreements for imports of renewable hydrogen at the Cop 27 UN climate conference in Sharm el-Sheikh, European Commission president Ursula von der Leyen said.
read more... 09/11/2022