Prime minister raised excises by force
Entrepreneurs say rise of alcohol and fuel excise mainly harms retail in counties bordering with Latvia while transport related to exporters is hit all over the land.
20.06.2016, Andres ReimerPM
Road users to save €8.5m a year
The currently crooked and curved Tallinn-Tartu Highway robs Estonians millions of euros a year in time and fuel spent, and car repairs needed.
20.05.2016, Joosep VärkPM
Weekend ahead smells like shopping spree brewing
Rapid wage rise and prices long level or even lowered have served to feed consuming boom for another year and in high likelihood the weekend to come features frenzied spending in malls and open air Christmas markets.
17.12.2015, Kadri HansaluPM
VKG headed towards hefty yearly loss
Since spring no longer CEO of Estonian Railways due to private use of company fuel card, Ahti Asmann sits at helm of a leading private-capital-based chemical industry enterprise Viru Keemia Grupp (VKG).
Kütusehindade madalseisu tõttu esimest korda kahjumisse langenud Ida-Virumaa suurimaid tööandjaid kavatseb siiski lähiajal kõik olulised töökohad säilitada, sest kokkuhoiu nimel tehtav vallandamine tooks kaasa ettevõtte sulgemise. Eesti Raudtee asjadest ei soovinud Asmann rääkida.
10.11.2015, Andres ReimerPM
State might take limits off oil shale mining
The oil shale development plan about to make it from environment ministry to government within weeks may prove useless being founded on totally unrealistic energy price prediction and leaving what's most vital – mining volumes bearable for Estonia – to be dictated by policy.
21.09.2015, Andres ReimerPM
Eesti Energia plans petrol production from oil shale gas
Eesti Energia has proclaimed a design procurement for devices extracting gasoline from oil shale gas, intending to add these to Enefit-type plants producing oil from oil shale.
Estonian parlt passes tax law amendments
The Riigikogu on Monday passed amendments to the Social Tax Act, Income Tax Act and other laws according to which the excise duties on alcohol, tobacco and fuel will be raised faster than planned by the previous governments and the value added tax on accommodation services raised from 9 percent to 14 percent.
Strong dollar joins excise rise to make fuel dearer
While excise rise in pipeline threatens to add 23.5 cents to litre of retail fuel in five years, considerable extra price rise looms by potential rise in oil prices and strengthening of the dollar.
15.04.2015, Tõnis OjaPM
Excise rise to drown Estonia in illegal fuel
The sharp excise rise on motor fuels planned to cover costly election promises will push Estonia back into the times a few years back when local fuel market was ruled by masters of dark tax schemes.
06.04.2015, Andres ReimerPM
Estonian motor fuel retailers lower prices again
The motor fuel retailer Neste on Friday cut 2 cents off the price of a liter of gasoline and diesel at its filling stations in Estonia, with rival retailer Statoil soon following suit.
Video: gasoline or diesel?
Gasioline or diesel? That's an eternal question. Nowadays there are also such choices as gas and electricity. What should you choose and why?
Estonian fuel retailers continue lowering prices
Estonian fuel retailers on Monday lowered the price of gasoline by two cents per liter and the price of diesel by one cent per liter in what was the third price reduction within two weeks.
Russia already blocking Estonian liquid fuel market
With hardly anyone in Estonia noticing, over the past five years not a tonne of liquid fuels has been supplied into Estonia by Russia. According to Estonian Oil Association, this is a targeted policy by the Kremlin: after the so-called Bronze Night, Russian Railways are not allowing trains to be sent towards Estonia from Kirishi Refinery.
20.10.2014, Andres ReimerPM
Estonian fuel retailers again lower gasoline, diesel prices
Fuel retailers Neste and Statoil on Thursday made reductions to the prices of motor fuel for the second time this week, cutting 1.5 cents off the price of a liter of gasoline and two cents off the price of a liter of diesel.
Paldiski oil plant project taken over by Russian capital
Paldiski City proclaims environmental impact assessment regarding a refinery to produce gasoline, diesel fuel and mazut.
11.08.2014, Andres ReimerPM
Ministry initiates bill of steep excise rise
Yesterday, Ministry of Finance came out with draft legislation on amending Alcohol, Tobacco, Fuel and Electricity Excise Duty Act and Fiscal Marking of Liquid Fuel Act whereby several excises will undergo a rise much more pronounced than currently planned, in years to come.
Neste: Fuel tax fraud will cost Estonia EUR 50 mln this year
The inflow of fuel-related tax revenues in Estonia has considerably decreased since the beginning of the year and if things go on like that the Estonian state will lose 30 million euros through VAT fraud and another 20 million euros through excise duty fraud this year, Neste says.
Jordan project has brought in money already - Estonian energy co
The oil shale project in Jordan has brought revenue for Estonia already and is advancing at a good pace, says Andres Anijalg, director for the Jordan project at the Estonian state-owned energy group Eesti Energia.
Tõnis Oja: times of falling fuel costs
As it happens, never in post-Soviet Estonia’s more than 20 years of market economy have we experienced a time of falling fuel prices. True, there have been some brief interludes, most prominently during the financial crisis when motor fuel retail prices dropped by 40 per cent in less than 6 months (oil price, at the same time, falling by more than 75 per cent). But this was short-lived, and in the very difficult economic circumstances of the time most people hardly even noticed the easing.
10.05.2013, Tõnis Oja