Latest news
.jpg)
Spain to suspend 7pc power generation tax in 3Q
The Spanish government will suspend a 7pc blanket tax on power generation for the third quarter as part of provisional measures to mitigate the impact of high wholesale electricity prices on consumers' bills, environment and energy minister Teresa Ribera said.
read more... 23/06/2021
Spain to invest 1.5 bn euros in 'green hydrogen'
Spain will spend 1.5 billion euros ($1.8 billion) from a European Union recovery fund to develop green hydrogen production over the next three years, Prime Minister Pedro Sanchez said Monday.
read more... 25/05/2021
Spanish parliament approves clean energy bill
Spain's parliament approved Thursday a clean energy bill aimed at achieving carbon neutrality by 2050 in line with EU targets, while also banning the sale of fossil fuel vehicles by 2040.
read more... 14/05/2021
bp, Iberdrola and Enagás to build green hydrogen project at Spanish refinery
Oil giant bp, Spanish utility Iberdrola and energy company Enagás have announced a partnership to explore the feasibility of the development of the largest green hydrogen project at a refinery in Valencia, Spain.
read more... 29/04/2021
Daily (22.03.2021): Brent crude gained 2% on Friday after resumption of vaccinations.
Oil prices strengthened on Friday, following the news that France, Germany, Spain and Italy will resume AstraZeneca vaccinations, as the European Medicines Agency (EMA) declared the vaccine was "safe and effective". Thus, Brent crude gained 2% to settle at $64.53 a barrel, and WTI oil ended 2.4% up at $61.42 a barrel.
read more... 22/03/2021