Fuel

Business

Galp and Moeve fail to agree merger of refining and distribution operations

Portuguese multinational energy corporation Galp confirmed that talks with shareholders of major Spanish energy firm Moeve, to merge downstream operations, have collapsed, and says the result will not affect its operations.

26 October 2026

EU News

Meloni approves aid bill to truckers, farming and fishing sectors

On Thursday, Giorgia Meloni's government approved the aid bill after truckers staged a protest against the spiralling cost-of-living crisis and high fuel prices. The protests have brought many critical sectors and services, including food deliveries, to a standstill.

22 October 2026

Europe News

Italy's truckers' protests leave supermarket shelves empty

Italy's government has warned of criminal penalties for truck drivers blocking roads in protest over soaring fuel prices, as authorities move to clear demonstrations disrupting transport and deliveries in the country's south.

22 October 2026

Europe News

Disappointed after meeting, French unions call for 5 November action

Trade unions, unanimously disappointed after their meeting with the government, are calling for a large mobilisation on 5 November. The CGT's general secretary is urging workers to "generalise the strike".

21 October 2026

Economy

Fuel prices: Sébastien Lecornu promises €10 cut per fill-up

In France, pump prices are among the highest in the European Union. The government has moved to cut the price per litre by 12 to 18 centimes, the prime minister said on Monday.

13 October 2026

Business

Ryanair CEO sees no European jet fuel shortages into summer 2027

Ryanair CEO Michael O’Leary expects Europe to have enough jet fuel through next summer, but warns that high prices will persist for another 12 to 18 months.

8 October 2026

Europe News

FRENCH PM SPEECH

In a televised address from his official residence the French prime minister acknowledges young people's anger 'doesn't come from nowhere' and promises a plan to respond to the crisis

7 October 2026

Business

Italy lets diesel tax cut expire as Europe tackles fuel costs

The Meloni government has neither renewed the diesel tax cut nor launched the replacement scheme it had promised. EU leaders meet on 15–16 October, while European governments pursue different measures to ease fuel costs.

7 October 2026

Business

Fuel prices in Italy: tax cuts end, diesel rises and hauliers threaten strikes

With tax breaks expiring and the decree on flexible excise duties delayed, diesel prices are rising again. The haulage sector warns of a strike as the government summons oil companies that have introduced initial capped prices.

6 October 2026

Economy

Eurozone inflation spikes to 3.8%: Is your country on the worst list?

Eurozone inflation jumped to 3.8% in September, a three-year high above forecasts. Energy drove the spike. See where prices rose fastest.

2 October 2026

Economy

No relief at the pump: EU diesel hits new record of €2.24 a litre

Twelve EU countries recorded new diesel price highs as supply disruptions pushed the bloc’s average pump price to €2.24 a litre.

1 October 2026

Europe in Motion

EU commercial flights rise despite higher jet fuel prices

The number of commercial flights across the EU increased in every summer month compared with last year, although traffic fell in several member states.

30 September 2026

Business

Fuel prices over €2 per litre: Who foots the biggest bill in Portugal?

From fishing to agriculture, and from freight to passenger transport, many sectors have felt the impact of sharp fuel price rises in Portugal since the start of the Iran war.

30 September 2026

Economy

Diesel taxes in Europe: Which countries charge the most?

Diesel has overtaken petrol as Europe's most expensive fuel, at a record €2.226 per litre. Yet EU governments still tax it about 12 cents less than petrol.

30 September 2026

Business

The Meloni government extends the excise tax cut until 1 May

"It will cost 500 million euros," Economy Minister Giorgetti announced after Friday morning's cabinet meeting. The 25-cent discount due to end on 7 April, with tax credits extended to agricultural firms.

29 September 2026

Economy

Italy's fuel crisis: SOCAR announces price cap at IP stations

State-owned Azerbaijani group SOCAR is introducing a gradual price cap on the IP network after buying Italiana Petroli; from Monday a maximum price for petrol and diesel will also apply at ENI filling stations.

27 September 2026