All news
Politics
Business
Technology
Incidents
Sports
Weather
Science
Entertainment
World
Real Estate
AI News
Government wants to use tax on oil companies to fund fuel subsidies
Politics

Government wants to use tax on oil companies to fund fuel subsidies

Jornal de Negócios15 September 2026 at 15:30

The Portuguese government intends to use the revenue from a tax applied to oil companies to fund fuel subsidies. This contribution applies to the extraordinary profits of energy sector companies, with a rate of 33%.

The revenue generated by this contribution will be destined for several priority areas. The funds will be used to support families, fire departments, the social sector and transport.

The executive is preparing to resume subsidies that ended in June. These fuel support measures had been suspended and will now be reactivated with the new funding source.

Why this matters

Portuguese people will be directly affected by this measure, as fuel subsidies aim to alleviate the cost of living for families and the functioning of essential services such as transport and firefighters. The initiative comes following the end of previous subsidies in June, signaling a continuity of state intervention in the energy sector.

About this summary

This is our short summary of a report published by Jornal de Negócios on 15 September 2026 at 15:30; the full text stays with the publisher. In our feed it sits under Politics. We currently carry 30607 items in that section.

All items in this section →
Source

Related articles

MP trabalha para que "tudo seja rápido" nos casos MAI/ChegaPhoto by Cheerfully_lost on Pexels
Politics

Public Prosecutor works to ensure "everything is quick" in MAI/Chega cases

The Public Prosecutor's Office is working to ensure that cases related to the Ministry of Internal Administration and the Chega party are resolved quickly, according to Prosecutor-General Amadeu Guerra. He assured that the proceedings are under judicial secrecy but guaranteed that justice is acting quickly, refusing to provide further details despite journalists' insistence.

Observador15/09/26, 17:48
“Passos não mentia. Este Governo dá pouco crédito à palavra"Photo by fsHH on Pexels
Politics

"Passos did not lie. This Government gives little credence to its word"

The deputy leader of the PS bench harshly criticized Prime Minister Montenegro, accusing the Government of spending 800 million euros on measures that exclude approximately 2 million Portuguese families, and of "lying to Parliament" regarding IRS. The socialist defended that Passos Coelho did not lie in his statements, contrasting this with the current executive's actions.

Observador15/09/26, 17:45
FNE alerta para falta de professores: Alentejo precisa de recrutar mais de 3200 docentes até 2034/35Photo by Pexels on Pexels
Politics

FNE warns of teacher shortage: Alentejo needs to recruit more than 3,200 teachers by 2034/35

The National Education Federation warned that Portugal faces an unprecedented crisis in generational replacement of teachers, needing to recruit almost 39,000 new teachers by 2034/35, while only about 2,100 graduates came out of teacher training courses in 2022/23. The Alentejo needs more than 3,200 teachers, being one of the regions most affected by settlement difficulties. FNE presented a "National Map of Teaching Needs 2035" with concrete proposals, including the creation of a permanent observatory, a Teacher Settlement Statute with housing support and retention incentives, asking the government to act preventively instead of just reacting to annual failures.

Rádio Campanário15/09/26, 17:37
Trump acusa Supremo de decisão "horrível" sobre voto por correioPhoto by 12019 on Pexels
Politics

Trump accuses Supreme Court of "horrible" decision on mail voting

US President Donald Trump today harshly criticized the Supreme Court's decision to reject a motion to restrict mail-in voting in the midterm elections in November, calling it "horrible and highly political."

RTP Notícias15/09/26, 17:30