If Europe is serious about its climate commitments, and if Europe wants to reduce its dependence on imported oil, then we need to increase the amount of low-carbon biofuels in the energy mix, writes Peder Holk Nielsen.
The next phase of the EU Emissions Trading System (ETS) will nearly quadruple European refiners' carbon costs to around 23 euro cents per barrel, up from six cents now, the head of the European refiners' industry body said on Tuesday.
If the Ukraine crisis has taught us anything, it’s that the West needs to safeguard its allies in Russia’s backyard and encourage them to implement reforms, but be more understanding of their growing pains, writes Taras Nazarenko.
EXCLUSIVE / More than two thirds of European oil refineries are now equipped to process tar sands, research has found, raising fears the EU is ready to welcome a flood of imports of one of the most environmentally devastating fuels in production.
Russia paved the way Monday (13 April) for missile system deliveries to Iran, and started an oil-for-goods swap, signalling that Moscow may have a head-start in the race to benefit from an eventual lifting of sanctions on Tehran.
Member states’ energy deals with non-EU nations should be scrutinised by the European Commission before they are signed, according to a draft plan for the flagship Energy Union that outlines a strategy to diversify energy suppliers.
Germany’s Energiewende seeks to phase-out nuclear energy and shift to renewables by 2022, but a recent study suggests the country will still be dependent on fossil fuels like oil, coal and natural gas for many years. EurActiv Germany reports.
The European Union has told Russia that its system of oil export duties breaks World Trade Organization rules by discriminating in favour of China and against European buyers, diplomats with knowledge of the situation said on Tuesday (18 November).
Croatia has received six bids in an international tender for oil and gas exploration areas in the Adriatic, and will choose the best ones by the end of the year, Economy Minister Ivan Vrdoljak said yesterday (3 November).
Many have correctly perceived the 8 year-old oil embargo against the Lithuanian oil refinery Orlen Lietuva as Moscow’s political vendetta against Vilnius. Nonetheless, the complete picture is more complex, writes Agnia Grigas.
The French parliament has adopted the first European directive to increase transparency in the extractive industries. Producers of wood, oil, gas and minerals will now have to declare payments to the states where they operate.
European Union envoys failed yesterday (10 September) to reach a decision on whether to implement new sanctions against Russia over military involvement in the war in Ukraine and will meet for talks today, EU diplomats said.