Latest news
UK increases, extends upstream oil and gas windfall tax
The UK is to increase its temporary windfall tax on oil and gas producers by 10 percentage points, the country's finance ministry confirmed today.
read more... 18/11/2022
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Equinor starts production at Norwegian floating wind farm
The Hywind Tampen floating offshore wind farm off the west coast of Norway, which will supply power to oil and gas fields and cut their emissions, started producing its first power on Sunday, Norwegian energy firm Equinor said on Monday.
read more... 14/11/2022
Brussels tables emergency EU permitting rules for renewables
The European Commission on Wednesday (10 November) tabled temporary emergency rules to accelerate the deployment of renewable energies like wind and solar, saying the ongoing energy crisis fuelled by Russia’s war in Ukraine calls for exceptional measures.
read more... 11/11/2022
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Czech government caps power firm revenues in $4 bln windfall plan
The Czech government approved plans for caps on the revenues of power firms on Wednesday, as part of plans to fund measures to ease the burden of soaring prices on households and companies.
read more... 10/11/2022
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