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
British North Sea oil and gas producers will spend around 20 billion pounds ($24 billion) on dismantling over 2,000 unused wells and facilities in the ageing basin over the next decade, an industry group said on Tuesday.
read more... 23/11/2022
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
The Czech industry ministry has proposed a cap on power producers' revenue ranging from 70 to 230 euros per megawatt hour, depending on the source, according to a legislative document published by the government.
read more... 08/11/2022
Germany's largest power producer RWE said on Tuesday it is bringing forward its coal phase-out by eight years and is ready to end lignite-based electricity generation in 2030 as part of a deal reached with the government.
read more... 05/10/2022