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Tax
Oil & Gas Supply
Germany Faces 5 Billion Euros a Year Hit From Russian Gas Sanctions, Welt Am Sonntag Reports
Russia's sanctions against Gazprom Germania and its subsidiaries could cost German taxpayers and gas users an extra 5 billion euros ($5.4 billion) a year to pay…
United Kingdom
Windfall Tax to Cost UK-Focused Oil Firms More Than $3 Billion
The new windfall tax on profits of oil and gas companies in the UK is expected to cost the medium-sized North Sea-focused companies a total of $3.3 billion thro…
Energy Investment
Windfall Tax Threatens Oil and Gas Investment in North Sea, Says Shell
The energy giant has said the levy “creates uncertainty”
Energy Security
Windfall Taxes Are Not the Only Solution to the Energy Crisis
Following the announcement from the Chancellor of the Exchequer that the UK government will be introducing a temporary, targeted energy profits levy, Dan Atzori…
Oil Price
UK Imposes 25% Energy Windfall Tax to Help Households as Bills Surge
Britain announced a 25% windfall tax on oil and gas producers' profits on Thursday, alongside a 15 billion pound ($18.9 billion) package of support for househol…
CCS
SSE to Pour £24BN Into the UK’s Clean Energy
The energy giant has reported a pre-tax profit of £1.5bn
Natural Gas
Niti Aayog for End to Price Curbs on Local Natgas
The Aayog has sent its gas price reform proposal to the petroleum ministry for consultation. It also wants natural gas included in the ambit of the goods and se…
Carbon Pricing
Singapore's Carbon Tax Will Help Develop Trade Flows, Price Discovery for Offsets Market
Singapore's plan to raise carbon taxes is expected to stimulate demand growth in the voluntary carbon credit market and facilitate price discovery.
Oil Price
India’s Fuel Appetite Seen at a Record even as Oil Nears $100
Local sales of gasoline, diesel and other fuels have started picking up after being whipsawed by several virus waves and tax-inflated pump prices in the past tw…
Oil Price
Soaring Fuel is Bad Timing for Governments Facing Voters
Oil’s relentless march toward triple figures has already prompted political action from incumbents. India cut retail taxes on gasoline and diesel in November a…
First-of-Its-Kind Hybrid-Electric Aircraft Takes to the Skies
A collaboration between Rolls-Royce, Tecnam Aircraft and Rotax successfully produces the new hybrid-electric aircraft P2010 H3PS.
Natural Gas
‘Poland’s Gas Plans Will Stop Net Zero Aims’
A new report claims Polish plans for new gas projects will cost taxpayers £3.3bn and make the 2050 target for reaching net zero an impossibility.
Nuclear Policy
European Commission Presents Text of Nuclear and Gas CDA
The European Commission has presented the final version of the Complementary Delegated Act of the EU Taxonomy Regulation covering certain gas and nuclear activi…
Carbon Emissions
CO2 Plans could Drive up EU Fuel Oil Exports
EU proposals to add CO2 emissions costs and taxes to conventional marine fuel prices starting in 2023 could reduce Europe's residual fuel oil demand for bunkeri…
EU
EU Green Finance Rules to Include Nuclear and Gas Projects
A draft of the bloc’s green finance taxonomy sets out conditions for projects to receive transition funds.
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