Skip to main content
See every side of every news story
Published loading...Updated

Spain Pushes EU for Windfall Tax on Oil and Gas Giants Amid Energy Crisis - Archysport

Summary by archysport.com
The Spanish government is pushing for a European Union levy on the extraordinary profits of oil and gas companies, arguing that soaring energy prices during the ongoing geopolitical and economic crisis have allowed fossil fuel corporations to benefit excessively. According to government sources speaking to reporters, Spanish officials brought their push to the informal meeting ...
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

6 Articles

The situation in international energy markets is worsening, as oil prices have exceeded $100 a barrel.

The Government is calling for a European tax on the sector's extra profits to finance aid to households and businesses.

Forbes EspañaForbes España
Reposted by
elperiodicodelaenergia.comelperiodicodelaenergia.com

First Vice President and Minister of Economy, Commerce and Enterprise, Carlos Córdoba, has asked the European Commission to analyze whether energy companies are making extraordinary profits from the war in the Middle East as a previous step to advance the tax that Spain and five other countries claim at European level and allocate their tax [...] La entrada Córdoba asks Brussels to analyze if energy has extra benefits to advance with the tax app…

The Spanish government wants to tax the profits of oil and gas companies in the European Union. It believes that in the context of the energy crisis, in which prices have skyrocketed, these companies are "benefiting too much". That is why, together with four other countries, they are taking their offensive to impose a tax on them to the Ecofin meeting this Friday. According to sources in the Spanish government confirmed to ARA, this issue will b…

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Ara.cat broke the news on Friday, September 18, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal