BERLIN, Nov 23 (Reuters) – The German government plans to introduce a special levy to skim off 33% of windfall profits made by oil, coal and gas companies, which could generate revenue of between one and three billion euros, finance ministry sources told Reuters.

Another huge company joining the Shell bandwagon too.:LONDON (Reuters) -Shell said on Monday it will evaluate plans to spend up to 25 billion pounds in Britain over the next decade following the government’s decision to increase a windfall tax on oil and gas producers.

“We’re going to have to evaluate each project on a case by case basis,” said Shell’s UK country chair David Bunch told the Confederation of British Industry’s annual conference in Birmingham. “When you tax more you’re going to have less disposable income in your pocket, less to invest.”

Meanwhile Gold quiet.:

Russia has apparently targeted Ukraine’s energy infrastructure in a large-scale missile attack on Wednesday, striking multiple targets in the capital Kiev and elsewhere across the country.

Emergency power outages have occurred in all regions as a result of the assault, Ukraine’s national power grid operator Ukrenergo has reported.