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Cepsa to delay $3.3 billion hydrogen projects if Spain’s windfall tax made permanent

Oil companies have been among the most vocal critics of Spain's windfall tax, which has also drawn criticism from utility companies such as...

'Green' hydrogen is at a relatively early stage of development and requires substantial investment (AFP)
AnalysisBusinessCoalEconomyElectricityFuelHydrogenNatural GasNewsOilPolitics

Windfall tax backlash menaces Spain’s green energy sector

Spain's government has infuriated banking and energy giants by wanting to maintain a windfall tax on them, threatening crucial investments for the country's...

A man walks past the logo of Spanish oil major Repsol outside its headquarters in Madrid, Spain, December 26, 2023. REUTERS/Susana Vera/ File Photo
BusinessEconomyHydrogenNewsOilPolitics

Repsol freezes green hydrogen projects in Spain

MADRID (Reuters) – Spanish oil major Repsol has put on hold planned green hydrogen projects in Spain with an electrolysis capacity of 350...

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