The British government is set to announce on Friday changes to its windfall tax on oil and gas companies aimed at allaying concerns the levy would impede investments and undermine the country's energy security, industry sources said.
read more... 09/06/2023
Germany's network regulator wants to provide operators of power and gas grids higher returns on equity for their outlays, its president said on Wednesday, responding to higher inflation that utilities say threatens investments in these assets.
read more... 08/06/2023
Japan plans to invest 15 trillion yen ($107.5 billion) over the next 15 years to supply the country with hydrogen, the government said on Tuesday, as it accelerates efforts to use the gas to shift to a low carbon economy.
read more... 07/06/2023
Italy could shut down its coal-fired power stations in 2024, a year earlier than planned, if gas prices remain at current low levels, Environment Minister Gilberto Pichetto Fratin said on Monday.
read more... 06/06/2023
Crude oil prices rose on Monday after President Biden and House Speaker Kevin McCarthy were believed to have reached a preliminary agreement on lifting the debt ceiling. Brent crude added 0.2% to settle at $77.07 a barrel. WTI crude increased by 0.4% to trade $72.96 per barrel.
read more... 30/05/2023