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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
Daily (03.11.2022): The NBP spot price soared amid cooler weather
The Federal Reserve raised interest rates for the fourth time this year on Wednesday, which led to a gain in oil prices despite decreases in other risky assets. Furthermore, U.S. oil stocks dropped as refineries raised production in anticipation of the winter heating season, lending more support to the market. As a result, WTI crude ended 1.8% higher at $90 per barrel, while Brent crude settled at $96.16 per barrel, up 1.6%.
read more... 03/11/2022
Poland's first nuclear power plant to cost $20 billion
US company Westinghouse will build Poland's first nuclear power plant at a cost of approximately $20 billion, Polish Prime Minister Mateusz Morawiecki revealed on Wednesday.
read more... 03/11/2022
Denmark’s €3.4bn scheme to support energy-intensive firms granted EU approval
A €3.4 billion (£2.9bn) scheme to support energy-intensive companies in Denmark in the context of Russia’s war against Ukraine has been granted approval by the European Commission.
read more... 03/11/2022