Portugal’s newly appointed Minister of the Economy and Sea has not ruled out charging an additional windfall tax on energy companies. António Costa Silva said last week that the government might [...]
An extraordinary meeting of the Council of Ministers has approved a packet of emergency measures aimed at containing energy and foodstuff price inflation which has arisen as a result of the war [...]
The renewables energy company GreenVolt announced the launch of Energy Unida on Tuesday. It is a community of shared energy companies whose goal is to “create and manage communities in which [...]
The Portuguese energy regulator ERSE (Energy Services Regulating Entity) presented provisional natural gas charges and tariffs for the regulated market for the period 1 October 2022 and 30 [...]
The renewables energy company GreenVolt has posted profits of €11.9 million for 2021. The company headed by João Manso Neto said that the biomass segment which includes power stations in Portugal [...]
Prices of electricity and gas will increase by 3% in April. The announcement was made by the energy regulator ERSE on Tuesday and will affect families that are in the regulated market. The [...]
Given the unprecedented increase in fuel prices, the Portuguese Government has decided to reduce the fuel tax ISP (Tax on Petroleum Products) on a weekly basis, but only in line with increases in [...]
The price of a litre of diesel will be 14 cents higher from today, while petrol will cost an additional 8 cents. It means a litre of 95 will cost €1.912 per litre and diesel €1.81 per litre, the [...]
As oil prices skyrocketed to US$120 a barrel and gas shot up by 21% to €199/MWh this week, the general-secretary of the Portuguese Association of Oil Companies (Apetro) says that “exceptional [...]
The Portuguese energy company Galp has suspended the purchase of fresh orders of petroleum products from Russia which is the largest supplier of gas oil in the world. The decision will have an [...]