Crude oil prices barely changed on Tuesday as restarts at some U.S. energy plants closed by winter storms offset gains from hopes of a demand recovery as China eases COVID-19 restrictions. Hence, Brent crude rose by 41 cents, or 0.5%, to settle at $84.33 a barrel, while U.S. West Texas Intermediate crude settled 3 cents lower at $79.53 per barrel.
read more... 28/12/2022
Britain's finance ministry set out details on Tuesday of a temporary 45% tax on excess profits made by some electricity generating companies after Jan. 1.
read more... 21/12/2022
Germany's Bundestag has approved the introduction of a windfall levy on excessive earnings from renewable energy generation as part of a package of measures meant to cap gas and electricity prices through April 2024.
read more... 20/12/2022
Germany's lower house of parliament on Thursday passed legislation worth an estimated 100 billion euros ($106.14 billion) to put the brakes on electricity and gas bills for households and industry from January.
read more... 16/12/2022
The Portuguese government will next year increase the amount of financial aid available to help families and companies cope with rising gas and electricity prices, it said on Wednesday.
read more... 15/12/2022