European oil refiners fear they could be doubly disadvantaged by EU plans to make them pay for some of their carbon emissions from January 2013 due to rising competition from cheap foreign imports and non-European-owned refiners inside the EU.
read more... 18/07/2012
Brent crude was standing steady above $103 per barrel on Tuesday on hopes of more policy measures by central banks to stimulate global economic growth ahead of U.S. Federal Reserve Chairman Ben Bernanke's testimony.
read more... 17/07/2012
Excise duties represent an indirect tax, a progressive formation that interacts at various levels with different production cycles.
read more... 17/07/2012
The German utility Energie Baden- Württemberg (EnBW) has signed a long-term gas supply contract with an unidentified foreign gas producer, deal which will take effect from October 2012. The gas supply contract has a run time of at least 10 years, with the gas delivered for an annual cost of approximately €600 million.
read more... 17/07/2012
The British energy watchdog, Ofgem is expected to approve the National Grid‘s plans to invest as much as £44bn on improving the UK’s energy infrastructure.
read more... 17/07/2012