Oil and Industry
EU slaps anti-subsidy duties on Indonesian biodiesel
The European Commission on Tuesday (13 August) imposed countervailing duties of 8% to 18% on imports of subsidised biodiesel from Indonesia, saying the move aimed to restore a level playing field for European Union producers.
EU opens antitrust investigation into PKN’s bid for rival Lotos
Polish oil refiner PKN Orlen's bid for rival Lotos may reduce competition in Poland and neighbouring countries and push up prices, EU antitrust regulators said on Wednesday (7 August) as they opened a full-scale investigation.
Oil tanker investments at risk from climate action, report says
Strong action on climate change would shrink demand for vessels by a third, impacting investment decisions being made now, analysts say. EURACTIV’s partner Climate Home News reports.
How vulnerable is Europe to conflict in the Strait of Hormuz?
NEWS ANALYSIS / The involvement of a British tanker in the latest military incident with Iran in the crucial oil shipment choke point has pulled Europe into the fray.
EU threatens Turkey with sanctions over Cyprus drilling
The European Union is set to curb contacts and funding for Ankara in retaliation for what it calls Turkey’s “illegal” drilling for gas and oil off Cyprus and stands ready to ramp up sanctions further, according to a draft statement....
Russia readies to ratify Paris Agreement, warns about renewables ‘absolutism’
The Russian government will submit legislation to ratify the Paris climate agreement by September, but president Vladimir Putin warned against the perils of “absolutist” renewable energy. EURACTIV's media partner Climate Home News reports.
Iran condemns detention of oil supertanker in Gibraltar
Iran on Thursday (4 July) condemned the "illegal interception" of one of its oil tankers in Gibraltar where authorities said they suspected it was carrying crude to Syria in violation of EU sanctions.
Brussels ministerial shows US still isolated on climate change
Ministers from China, Canada and the EU met for a third annual climate summit in Brussels on Friday (28 June), in a format meant to demonstrate that the world continues the climate fight even if America is retreating.
Satellite data offers new hope for taming oil’s methane emissions
The release of methane emissions from drilling has been a beguiling problem for the oil and gas industry. But EU satellite data points toward a solution.
After years of decline, oil and gas extraction is set to increase
Oil majors have steadily reduced exploration investment since the 2014 oil price collapse. Now exploration is ticking up again, even if the oil price isn’t. Meanwhile, investment in renewables remains small among oil and gas companies.
EU ‘in full solidarity’ with Cyprus over Turkey drilling
The EU in the night to Friday (20 June) stepped up its rhetoric over Turkey's "illegal" drilling for oil and gas off Cyprus, raising the threat of sanctions if Ankara refuses to back down.
A changing climate puts Europe’s energy sector at risk
Oil and gas infrastructure as well as electric power stations could suffer major failures in the coming years if they are not adapted to withstand extreme weather caused by climate change, EU officials have warned.
Slumped economic growth will mean oil oversupply next year, IEA says
Slower oil demand growth in 2019 is expected to lead to a glut of oil next year, which could have significant impacts on energy prices in Europe.
Pope Francis calls for ‘radical energy transition’ to stem global warming
Pope Francis said on Friday (14 June) that carbon pricing is “essential” to stem global warming – his clearest statement yet in support of penalising polluters – and appealed to climate change deniers to listen to science.
Suspected attack on tankers shows volatility of oil markets
The price of crude oil, which has been languishing at five-month lows, jumped suddenly on Thursday (13 June) following unconfirmed reports of an attack on two oil tankers in the Gulf of Oman.![Plateforme pétrolière en mer Baltique, 2008. [Andrew/Flickr]](https://www.euractiv.com/wp-content/uploads/sites/2/2014/05/oil_rig._north_sea_2008.jpeg)
UK-South Korea deal seeks to calm Brexit anxiety in oil markets
A UK-South Korea trade deal announced Monday (10 June) guarantees future exemption from oil tariffs following a spate of dry months without crude imports coming from Britain's North Sea fields.
Watad: The oil company that came from nowhere and became a key player in Syria
Life in rebel-held northwest Syria has, without a doubt, been made easier by Watad Petroleum’s presence. But with no information available publicly about who owns or runs it, there is a persistent suspicion about it, writes Haid Haid.
As America retreats on climate, China and Russia confirm commitments
The US president's gambit to make the Paris Agreement collapse failed. Now China and Russia are taking advantage of the power vacuum left by the US to shape the accord's rules - and show no signs of wavering on commitments.
The US isn’t protecting oil supplies from the Middle East, it wants to control prices as foreign policy
America’s extensive use of military and economic coercion in the Middle East and other oil-producing countries around the world reflects the US’s new position as an exporter of oil and liquefied natural gas, argues Robin Mills. Robin Mills is the...
BP shareholders demand climate action, but reject calls for hard targets
An overwhelming vote in favour of climate action at BP's annual meeting yesterday (21 May) shows how activist investors have started to move the oil and gas industry. But it also showed the limits to their appetite for change.
Iran seeks to prove it can disrupt oil and gas exports from Arab Gulf States
A recent attack on Saudi oil facilities west of Riyadh were designed to demonstrate Tehran’s ability to target all of the region’s oil and gas exports and raise exponentially the cost of military conflict for the US and its allies in the Gulf region, writes Hasan Alhasan.
What Daimler’s move on carbon-neutral cars says about the industry
Daimler, one of the world’s leading producers of premium cars and commercial vehicles, has announced new commitments to make its entire passenger car fleet carbon neutral by the close of 2039. This is the most ambitious timeline among any of the leading automakers and signals a rapid acceleration in the shift towards zero-carbon transport, writes Nigel Topping.
Iran and the US are inching toward war
There can be little doubt now that Iran and the US are inching toward full-scale war. All attempts by either to force a change in the other’s behavior have come to nothing. Conflict now seems inevitable, writes Dnyanesh Kamat.
‘Freedom gas’: US opens LNG floodgates to Europe
US energy secretary Rick Perry will sign two export orders for liquefied natural gas (LNG) in Brussels today (2 May), in a move officials said will double America’s export capacity to Europe to 112 billion cubic meters per year as of 2020.Supporter
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