Rice

Energy Transition
How Southeast Asia Can Futureproof Its Energy Sector
Southeast Asia is experiencing unprecedented fuel price increases and volatility, increasing demand for power, and exposure to the intensifying impacts of clima…
Crude Oil
Argentina Agrees Fuel Price Rise Caps with Firms, Pledges FX Access
Argentina on Monday reached an agreement with major oil firms operating in the country to put a cap on fuel price increases in a bid to keep costs at the pump d…
Italy
Italy Applies 50% Windfall Tax on Energy Companies' Extra Income, Draft Shows
Italy plans to apply a 50% one-off windfall tax next year on income of energy companies that have benefited from the surge in oil and gas prices, a draft of the…
Germany
Germany Is Not Blocking EU Energy Solution but Is 'Sceptical', Minister Says
Germany is not standing in the way of the European Union's solution to the energy crisis, Economy Minister Robert Habeck told the Handelsblatt daily on Thursday…
United Kingdom
UK’s Ofgem Says Household Energy Bills to Rise to Nearly $5,200/Year
British energy regulator Ofgem said its price cap for average household energy bills would rise by about 21% to 4,279 pounds ($5,170.74) a year from January to …
Natural Gas
EU Executive Proposes Gas Price Cap at 275 Euros/MWh
The European Union executive on Tuesday proposed a gas price cap for the bloc at 275 euros ($282) per megawatt hour for month-ahead derivatives on the Dutch exc…
Oil Price
Oil Prices Reverse Course After Saudi Arabia Denies Output Hike Rumors
Saudi Arabian officials are denying the news that OPEC is considering a 500,000 bpd output hike.
France
France Spends 8.4 Billion Euros to Help Companies With Energy Bills
France will spend 8.4 billion euros ($8.67 billion) to help companies pay their energy bills, in a bid to cushion the impact of rising electricity and gas price…
Italy
New Italian Government’s Budget to Boost Spending to Fight Energy Crisis
Italy's new right-wing government plans to announce some 30 billion euros in new spending on Monday in a budget for next year, mainly focused on curbing the imp…
LNG
U.S. Gas Prices Jump as Freeport LNG Targets Full Restart in March 2023
U.S. natural gas prices surged on the news that one of the largest U.S. LNG export terminals is targeting a complete operational restart by March 2023.
Natural Gas
Germans Face More Power and Gas Price Hikes in January - Portal
Many German households face another 50%-plus hike in power and gas supplies in January due to the lag in suppliers passing on higher wholesale market prices and…
Czech Republic
Czech Lawmakers Back $3.4 Billion Power Revenue Cap Plan
The Czech lower house of parliament on Friday approved a government plan to cap revenues of power firms as part of efforts to fund measures to ease the burden o…
Crude Oil
EU Expects to Be Ready for Russia Oil Price Cap Dec. 5 Start - Officials
The European Union expects to have its regulations completed in time for the introduction of a G7 plan to cap the price of Russian crude oil on Dec. 5 , the EU'…
Crude Oil
European Refiners Oversupplied as Oil Shortage Fears Subside
European refiners have found themselves oversupplied with crude as an expected shortage owing to the looming EU ban on Russian oil has yet to materialise.
Natural Gas
German Govt Postpones Decision on Gas Price Brake
The German government is postponing its decision on a gas and electricity price brake that had been planned for Friday, said a government spokesperson.

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Rice

How Southeast Asia Can Futureproof Its Energy Sector

Argentina Agrees Fuel Price Rise Caps with Firms, Pledges FX Access

Italy Applies 50% Windfall Tax on Energy Companies' Extra Income, Draft Shows

Germany Is Not Blocking EU Energy Solution but Is 'Sceptical', Minister Says

UK’s Ofgem Says Household Energy Bills to Rise to Nearly $5,200/Year

EU Executive Proposes Gas Price Cap at 275 Euros/MWh

Oil Prices Reverse Course After Saudi Arabia Denies Output Hike Rumors

France Spends 8.4 Billion Euros to Help Companies With Energy Bills

New Italian Government’s Budget to Boost Spending to Fight Energy Crisis

U.S. Gas Prices Jump as Freeport LNG Targets Full Restart in March 2023

Germans Face More Power and Gas Price Hikes in January - Portal

Czech Lawmakers Back $3.4 Billion Power Revenue Cap Plan

EU Expects to Be Ready for Russia Oil Price Cap Dec. 5 Start - Officials

European Refiners Oversupplied as Oil Shortage Fears Subside

German Govt Postpones Decision on Gas Price Brake