‘Crippling’: EU Reaches Deal To Cap Price Of Russian Oil Amid Energy Crisis Micaela Burrow on December 2, 2022 Members of the European Union agreed on a price at which …
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Exclusive-To protect Pemex, Mexico’s energy ministry tried to block stricter flaring rules: documents
by Reutersby ReutersBy Stefanie Eschenbacher MEXICO CITY (Reuters) – Mexico’s energy ministry tried earlier this year to block the publication of stricter rules on natural gas flaring, according to documents seen by …
- Business News
Spain to raise 2 billion euros less from bank, energy taxes, De Cos says
by Reutersby ReutersBy Jesús Aguado MADRID (Reuters) -The Bank of Spain estimates the government will raise a combined 5 billion euros ($5.2 billion) by 2024 from its proposed taxes on Spanish banks …
- Business News
Netherlands says inflation overstated due to skewed energy price calculation
by Reutersby ReutersAMSTERDAM (Reuters) – Statistics Netherlands (CBS), the Dutch government’s statistics office, is looking at a problem with its energy price measurements, which it said has caused the country – and …
- Business News
Spain energy tax to raise 400 million euros less than expected, minister says
by Reutersby ReutersMADRID (Reuters) – The Spanish government will collect 400 million euros ($416 million) less than expected from the revised windfall tax bill on energy companies passed by the lower house …
- Business News
German consumer sentiment stabilizes with help of energy measures -GfK
by Reutersby ReutersBERLIN (Reuters) – German consumer sentiment is set to barely change in December as government energy measures help stabilize morale at a level that is just above a record low …
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MADRID (Reuters) – An amended windfall tax proposal for Spanish banks and large energy companies cleared its first hurdle in parliament in the early hours of Friday with the backing …
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Legislators call for dropping tax on energy after 25% natural gas price hike in New Jersey
by Phil Stiltonby Phil StiltonNew Jerseyans are facing a nearly 25% tax increase in the cost of natural gas this winter. Now, two state senators are trying to relieve the financial pains associated with …
- Business News
Germany to emerge from crisis stronger with new trade, energy policies – Scholz
by Reutersby ReutersBERLIN (Reuters) – Germany is strong enough to weather the crisis caused by Russia’s invasion of Ukraine and emerge stronger from it thanks a new approach to energy, defence and …
- Business News
Energy supply improvements brighten Germany’s economic picture -Ifo
by Reutersby ReutersBERLIN (Reuters) – Germany’s economic picture has become slightly brighter, with improvements in gas supply, in particular, having an effect, the head of Germany’s Ifo institute told Reuters on Tuesday. …
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Qatar Signs 27-Year Gas Deal With China, Fueling Global Energy Competition
Qatar Signs 27-Year Gas Deal With China, Fueling Global Energy Competition Micaela Burrow on November 21, 2022 Qatar has signed an agreement to supply China’s Sinopec with natural gas for …
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TUNIS (Reuters) – Higher energy prices have “materially improved” the Algerian economy’s near-term outlook, the International Monetary Fund (IMF) said on Monday, adding that fiscal rebalancing is still needed to …
- Business News
Greek economy to grow by 1.8% in 2023, rebound hurt by energy crisis
by Reutersby ReutersATHENS (Reuters) -Greece’s economy should grow by 1.8% next year, at a slower pace than initially expected, as soaring energy costs and higher inflation are seen hurting tourism and curbing …
- Business News
New Italian government’s budget to boost spending to fight energy crisis
by Reutersby ReutersBy Crispian Balmer ROME (Reuters) – Italy’s new right-wing government plans to announce some 30 billion euros in new spending on Monday in a budget for next year, mainly focused …
- US and World News
US VP Harris announces $20 million new clean energy funding for Mekong region
by Reutersby ReutersBy Poppy McPherson BANGKOK (Reuters) – U.S Vice President Kamala Harris announced $20 million in new funding for clean energy projects in the Mekong region, during the last day of …
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(Reuters) – Russia’s energy exports to China have increased in value by 64% this year, and by 10% in volume as Moscow redirects shipments towards “friendly” nations, Deputy Prime Minister …
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U.S. watchdog seeks cybersecurity strategy for offshore energy infrastructure
by Reutersby Reuters(Reuters) – A U.S. watchdog in a report made public on Thursday asked the federal regulator of offshore oil and gas infrastructure to come up with a cybersecurity strategy for …
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MADRID (Reuters) – Soaring energy prices pushed Spain’s trade deficit in the first nine months of the year to widen four-fold from the same period a year earlier, to 53.44 …
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By Fergal Smith TORONTO (Reuters) – Canada’s main stock index fell on Wednesday as lower oil prices weighed on energy shares but gains for consumer-related stocks helped limit the index’s …
- Conservative TimesPolitics
‘Channeling Jeb Bush’: CNN Historian Says Trump’s Speech Was ‘Very Low Energy,’ Midterms Are ‘Depressing’ Him
‘Channeling Jeb Bush’: CNN Historian Says Trump’s Speech Was ‘Very Low Energy,’ Midterms Are ‘Depressing’ Him Harold Hutchison on November 15, 2022 A CNN presidential historian said Tuesday night that …
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Energy firms’ derivatives are financial stability risk, says ECB
by Reutersby ReutersBy John O’Donnell and Balazs Koranyi FRANKFURT (Reuters) -Energy companies’ use of derivatives poses a wider financial risk, the European Central Bank said on Wednesday, cautioning that those firms could …
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Carlyle launches European clean energy developer: ‘We would rather build’
by Reutersby ReutersBy Isla Binnie NEW YORK (Reuters) – Private equity firm Carlyle Group Inc has formed a unit to build solar and other renewable energy plants as part of a push …
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By Mimosa Spencer PARIS (Reuters) – Retailers in Europe are having to strike a delicate balancing act with this year’s Christmas displays: how to create enough festive sparkle to loosen …
- Business News
German budget experts push for dividend ban tied to energy subsidies
by Reutersby ReutersBERLIN (Reuters) – Budget experts from Germany’s ruling coalition on Friday stressed the need for a ban on dividends and bonuses being paid out at companies that benefit from gas …
- US and World News
U.S., EU, others affirm need to accelerate clean energy transitions -statement
by Reutersby ReutersWASHINGTON (Reuters) – The United States, the European Union and other governments said they were committed to taking action to address climate and energy crises and affirmed the need to …