IMF plans Caracas office for first half of 2027
The IMF plans to open an office in Caracas during the first half of 2027. The move follows renewed data sharing and Venezuela's return to international financial engagement.
The IMF plans to open an office in Caracas during the first half of 2027. The move follows renewed data sharing and Venezuela's return to international financial engagement.
Inflation in the Balearic Islands reached 4.4% in August, slightly above Spain's 4.3%. The PP wants lower energy taxes and relief on basic food, plus stronger transport compensation for the islands.
Nissan is reshaping its European strategy with new electric cars and software for Spain. The company is rolling out models and technology as it responds to rivals and changing regulations.
Spanish drivers could soon see diesel reach 2.40 euros per litre. With government aid ending and refineries closing, fuel costs may rise within weeks.
Diesel has risen 68% before tax since the war began. Tax relief has softened the increase for drivers, but transport groups are demanding fresh support before the current measures expire.
Electric car travel in Spain is getting easier. The REVE map gives drivers live updates on station locations and availability, with prices too, helping them avoid unnecessary detours and long waits.
Amazon Germany is adding 50 Mercedes-Benz eActros 600 electric trucks to its logistics network this year. The move puts electric heavy trucks into service and marks a new step toward cleaner freight in Europe.
A Coruña turns into Spain’s electric car laboratory as the 10th Repsol EcoRallye brings 57 teams and 52 new charging points to the city. The event highlights rapid gains and persistent obstacles to EV adoption.
Basic oil routes in the Middle East have been blocked or attacked. Saudi Arabia has shut down its East-West pipeline, while attacks near the Bab el Mandeb strait are driving up global fuel costs. Supply routes remain under threat, adding new risks to the world economy.
A convoy of ten vehicles escorted Pedro Sánchez through the quiet streets of San Juan del Puerto. The Spanish prime minister’s visit to Huelva province drew attention for its scale and the logistical show of force in towns with just over 10,000 residents.
Work has started on Onuba, a major green hydrogen plant in Palos de la Frontera. With 300 MW of electrolysis capacity and more than €1 billion invested, the project marks a impressive step for Spain’s energy sector.
For the first time, Spain has fewer petrol stations than a year earlier, with the official count falling by 195 outlets in the first half of 2026. The CNMC is asking the public whether more stations are needed as new rules and market changes reshape the sector.
Some parking operators in Spain are turning away electric vehicles over supposed fire risks. The OCU says no law supports these bans, while data show electric cars are less likely to catch fire than petrol or diesel models, raising questions about the reasons for the restrictions.
A new analysis finds that charging times above 24 minutes are deterring Spanish drivers from using electric vehicles for long journeys. High costs and a shortage of fast public chargers are compounding the problem.
Spain’s official Reve app now lets electric car owners plan trips with live charging information and route planning. It covers nearly all public chargers nationwide, making long-distance travel more practical for EV drivers.
Arguments over electric car charging points are dividing Spanish apartment communities. As installations rise rapidly, residents face difficult choices over costs and safety, including who should pay for new infrastructure in shared garages.
Pontevedra leads Galicia in new electric car sales, but drivers face a shortage of public charging stations. The province's infrastructure trails both the national average and neighboring A Coruña, raising concerns about the pace of Spain's shift to electric vehicles.
Spain is preparing a fresh round of fuel subsidies from October as diesel and petrol prices approach historic peaks. The government is relying on Brussels to shape the next steps. The outcome will affect millions of drivers and businesses this winter.
Spain’s official electric vehicle charging network lost more than 4,000 points after an audit removed obsolete and non-compliant stations. The move shifts attention from headline numbers to building a network drivers can actually use.
A Swedish-Norwegian consortium is seeking to buy 100% of Acciona Energía, potentially taking the Spanish renewables company off the stock market. Competing offers from France and Canada are adding pressure to the talks.
Acciona shares rose more than 3 percent after EQT and Norges Bank Investment Management agreed to pursue a joint bid for Acciona Energía. The move followed a sharp drop in the previous session and drew close attention from the Spanish market.
Acciona Energía is at the center of a heated takeover contest. EQT and Norway's sovereign fund have joined forces to challenge Ardian, with the outcome potentially reshaping Spain's energy sector and leading to a delisting at a premium.
Spanish companies are rapidly shifting to electrified fleets, with more than 20 percent of new rental vehicles now hybrid or electric. Diesel is losing ground as businesses seek to cut costs and meet environmental rules.
Pablo Suárez drove the all-electric Zeroid X1 to second place in the tourism category at the Subida de La Cumbre, marking the first time an electric car has reached the podium in a traditional Spanish mountain race.
Acciona shares rose over 3% after EQT and Norges Bank teamed up to bid for Acciona Energía, reshaping the sale process and opening a route to faster debt reduction.
Spain’s inflation hit 4.3 percent in August, its highest level since February 2023. Fuel prices jumped by more than 21 percent, while government discounts did little to cushion the blow.
Amazon is adding 50 Mercedes eActros 600 electric trucks to its German logistics network, a major step in shifting heavy transport away from diesel. The move deepens the partnership between Amazon and Mercedes-Benz Trucks.
Google will invest at least €13 billion to expand its Finnish data centers and energy infrastructure by 2028. The project is expected to create thousands of jobs and includes a long-term nuclear power agreement, a major shift for Finland’s digital economy.
This Thursday, the Edda Fjord, a 120-meter hybrid vessel built for Norway, will be launched in Asturias. The project involves 400 professionals and marks a major basic stage for Spanish shipbuilding, with delivery scheduled for 2027.
Electric cars now make up more than a quarter of new vehicle sales in Spain, driven by the rapid expansion of charging stations. The shift is changing how people travel and what they pay to get around.
Biomass consumption in Catalonia jumped 19 percent in 2025. Industrial demand is rising fast, but forest-clearing efforts remain far behind. Underused woodland continues to accumulate, increasing the region’s wildfire risks.
Spanish households on the PVPC tariff saw their August electricity bills jump to 79.75 euros, up 17 percent from last year. The rise reflects soaring wholesale prices and the end of basic tax breaks, leaving families exposed to volatile energy costs.
Naturgy will pay more than 9,300 euros a year to staff on regular rotating shifts, including nights. The new compensation, starting in October 2026, targets a select group of employees and marks a impressive change in Spain’s energy sector employment terms.
Spain will increase its diesel fuel subsidy to 20 cents per litre from September 1, 2026, in response to a sharp price spike. Gasoline aid will drop to 5 cents as the government adjusts support in line with inflation trends.
Donald Trump published an AI-generated video showing explosions at Iran’s basic oil export center. Iranian officials deny any attack, calling the footage fake. The incident triggered a sharp rise in oil prices.