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Crude Oil
Belarus to Raise Export Duties on Oil
Belarus will raise export duties on oil and oil products for destinations outside the Eurasian Economic Union, on Feb. 1, 2021, the government said in a stateme…
Crude Oil
Make in India Boost, Oil Cess may be Halved
The government may give a 'Make in India' push to oil and gas explorers, as it is considering a proposal to almost halve cess on domestic crude oil to encourage…
Energy Subsidies
CAMEROON: the Maroua and Guider Solar Power Plants Tax-Exempt
The future photovoltaic solar power plants in Maroua and Guider will be tax-exempt for 10 years.
Cooperation case
Chile Unveils Plan to Spur Electromobility with Chinese-Made Electric Taxis
The Chilean government on Tuesday unveiled a plan to encourage transition from fossil-fuel taxis to electric-powered ones, with the participation of Chinese com…
Biobattery
Trump Signs COVID-19 Relief, Tax Extenders Package
After a nearly week-long delay, President Trump on Dec. 27 signed a legislative package that includes tax extenders, $900 billion in COVID-19 relief and governm…
Energy Subsidies
US Congress Passes Five-Year Offshore Wind Tax Credit
The U.S. Congress has passed a year-end spending package which includes a provision that would extend the Tax Credit for offshore wind facilities at 30% through…
Wind Farm
Leeward Commissions 171MW wind farm in Colorado
Leeward Renewable Energy has announced that its Mountain Breeze Wind Farm in Weld County, Colorado, USA has reached commercial operation and that the company ha…
Biobattery
Swedish Biofuels Tax Exemption Approved by EU
The European Commission has granted the continuation of tax exemption measures for biofuels in Sweden.
Joe Biden
Solar Industry Prioritizes Tax Credit Extension, Trade Policy for Biden Administration
SEIA, the solar industry’s largest trade group, hopes a Biden administration will get behind its key policy goals.
Wind Power Company
RWE Offshore Wind Earnings up 12% in First Nine Months
RWE’s offshore wind business reported a 12% increase in earnings before interest, tax, depreciation and amortisation in the first three quarters of 2020 to €7…
Energy Investment
Gov’t Approves $575m Sale of Tullow Oil Plc Assets to Total
Tullow Oil plc has revealed that the Uganda and the country’s tax body, the Ugandan Revenue Authority have executed a binding Tax Agreement that reflects the p…
Germany
EnBW Soars on Stellar Renewables Return
EnBW banked adjusted earnings before interest, tax, depreciation and amortisation of €426m from its renewables division for the first six months of 2020
Solar Power Panel
Brazil Zero Rates Import of Certain Solar Products
Brazil has changed its mind about tax tariffs on certain solar goods by eliminating import duties.
Solar Power Plant
Double Tax on Solar Imports Could Collapse ‘Large Numbers’ of Indian Projects: Fitch
The threat of a double taxation of solar in India via both safeguard and basic custom duties could squeeze developers and result in large numbers of project can…
Oil Price
Oil Major Shell to Write Down up to $22 Billion of Assets in Second Quarter
It said it would take aggregate post-tax impairment charges in the range of $15 billion to $22 billion in the second quarter.
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