April 27th, 2012
The price of petrol has dropped 1.6% this week and recorded its first decline after fourteen consecutive weeks of increases, nine of which were recorded as historic highs, according to the European Union Oil Bulletin. Specifically, a litre of petrol stood at 1.473 euros this week, but this is still 13% ...
Continue reading Price of Petrol Falls 1.6% After 14 Weeks of Increases
September 12th, 2011
The average price of a litre of petrol in Spain stood at 1.354 euros on Friday, representing an increase of 2.6% over the previous week, according to data collected by Europa Press from the European Union Oil Bulletin. This rise puts petrol prices back to the highs reached this summer, in ...
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June 17th, 2011
The CEU IDEA Car, an electric car with a hydrogen fuel cell designed by engineering students at the University of Valencia CEU Cardenal Herrera, has beaten the Spanish record in energy efficiency in the European competition Shell Eco-Marathon, by travelling 2,534 km on the hydrogen equivalent of a litre of ...
Continue reading Up to 2,500 km on a Litre of Petrol
May 5th, 2011
Reducing the speed limit on motorways to 110 km per hour was a bold decision when it was adopted by the Council of Ministers on 4th March. Nearly two months later, the Government claims to have reached the desired objective of reducing fuel consumption. The Minister of Industry, Energy and Tourism, ...
Continue reading Reducing Speed Limit on Spain’s Roads Saves €94 Million
April 25th, 2011
Fuel prices returned to a record high last week as thousands of holidaymakers took to the roads for the Easter break. The price of petrol increased by 0.66%, reaching 1.363 euros per litre, representing its eleventh consecutive rise, while the price of diesel dropped slightly by 0.46% to 1.302 euros per ...
Continue reading Semana Santa Sees Petrol Prices Hit New Record
March 16th, 2011
The new speed restriction on motorways and dual carriageways, which is a temporary measure introduced by the Government, came into force on Monday 7th March and drivers are now restricted to a maximum speed of 110 kph instead of the previous 120 kph. This measure aims to reduce fuel consumption in ...
Continue reading Does the Reduced Speed Limit in Spain Really Save Fuel?
March 4th, 2011
Mari Carmen Garcia set fire to the man found guilty of raping her youngest daughter in 1998 when she was 13 years old. The man, identified only as Antonio C.V, had been sentenced to nine years for the crime but was on day release from prison in June 2005 when he ...
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March 1st, 2011
Spain will lower motorway speed limits, cut train ticket prices and use more biofuel under an emergency energy-saving initiative because of soaring oil prices brought on by unrest in Libya. The Libyan rebellion has sharply reduced exports from the oil-rich nation, and about 13 percent of the oil Spain consumes comes ...
Continue reading Speed Limits in Spain to Be Lowered in Effort to Save Fuel
July 9th, 2010
A total of ten Spanish companies have been included in Fortune magazine’s annual list of the top 500 global companies, compared with twelve companies which appeared in the rankings for 2009, the list is headed once again by the retail chain Wal-Mart. In the 2010 list, Santander is once
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July 1st, 2010
The Spanish VAT (IVA) rate hikes, that were announced last year by the Government as part of the 2010 Budget, have come into force today - the general rate has risen two percent, up to 18%, while the reduced rate of VAT in Spain has gone up by one percent, ...
Continue reading VAT in Spain Rises from Today