As of the year 2040, new vehicles (excluding commercial ones) will not be able to emit carbon dioxide, according to the Climate Change and Energy Transition Law. In addition, the law also contemplates the installation of electric recharging points “in service stations with the highest sales volume”; a total of 10% of the network. The […]
Tag: news_repsol
Repsol loses 3,289 million in 2020 due to the historical impact of Covid-19
Repsol recorded a net loss of 3,289 million euros in 2020 after suffering from the global crisis of the Covid-19 impacts of almost 3,900 million euros in the valuation of its inventories and by the adjustment of the value of assets of ‘Upstream’ (Exploration and Production), informed the company. In 2019, the group already recorded […]
The crisis leaves a fiscal ‘gap’ of 1.8 billion in Hydrocarbons in the middle of the debate on fuel taxes
The slump in economic activity in 2020 led to an unprecedented drop in tax revenue due to the Hydrocarbon Taxes. Confinement, the rise of teleworking and restrictions on movements during vacations and long weekends significantly reduced the use of private vehicles, consequently, fuel consumption. Also of the airplanes, weighed down by a collapse of the […]