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Norway approves more than $18 billion in oil, gas investments

Norway's government said on Wednesday it has given approval for oil companies to develop 19 oil and gas fields with investments exceeding 200 billion Norwegian crowns ($18.51 billion), part of the country's strategy to extend production for decades to come.

read more... 30/06/2023

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Britain to introduce price floor to energy sector windfall tax

The British government is set to announce on Friday changes to its windfall tax on oil and gas companies aimed at allaying concerns the levy would impede investments and undermine the country's energy security, industry sources said.

read more... 09/06/2023

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German network regulator wants higher returns for grid operators

Germany's network regulator wants to provide operators of power and gas grids higher returns on equity for their outlays, its president said on Wednesday, responding to higher inflation that utilities say threatens investments in these assets.

read more... 08/06/2023

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G7 backs liquified gas as ‘temporary’ solution, to dismay of climate activists

The Group of Seven rich nations put support for gas investments back into their communiqué on Saturday (20 May), calling it a “temporary” step as they try to de-couple from Russian energy, in a move climate activists say may hurt climate goals.

read more... 22/05/2023

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France budgets 500 mln euros annually for green industry tax credit

The French government plans to budget half a billion euros annually for a new tax credit for environmentally-friendly investments as part of a bill presented on Tuesday to green the industrial sector, Finance Minister Bruno Le Maire said.

read more... 17/05/2023

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