Oil and Industry

Energy 02-06-2012

Cutting energy use in Europe’s old building stock: Mission impossible?

Buildings account for over 40% of the EU's final energy demand and are a major source of greenhouse-gas emissions, making energy savings there a key element of European climate change objectives. However, it remains to be seen whether Europeans will be able to tap into the area with the single biggest potential the existing building stock.

Keeping cool with refrigerants: The F-gas review

Fluorinated gases power the world's refrigerants and air conditioning systems, and make up around 2% of global greenhouse gas emissions. But if business continues as usual, by 2050 they could be responsible for between 9%-19% of global emissions, prompting EU policymakers to take action to contain leakage or even ban their use.

Med & South 11-10-2010

Europe’s southern gas corridor: The great pipeline race

Several pipeline projects are competing with one another to bring to life the southern gas corridor – a vague blueprint to supply Europe with gas from the Caspian and the Middle East. EURACTIV takes a look at the various European initiatives, including their common competitor: Russia's South Stream project.

Energy 01-09-2010

Energy efficiency: The EU’s new action plan

The European Union has proposed new energy efficiency measures to make good on its pledge to combat climate change and reduce its dependency on imported oil and gas.

Energy 09-04-2010

Biogas: The green gas?

Biogas has become an attractive alternative source of energy in Europe as the renewable fuel serves several policy priorities, ranging from increased domestic energy production to the reduction of greenhouse gases and more efficient waste treatment.

Energy 17-02-2010

Europe switches to gas

A relatively abundant, cheap and clean source of energy, natural gas is becoming an increasingly essential part of Europe's energy mix, winning supporters for a variety of uses ranging from power generation, household heating and transport to fertiliser, plastics, and other manufacturing products.

Energy 06-11-2009

Energy Performance of Buildings Directive

Buildings have an enormous role to play in the EU's attempts to slash greenhouse gas emissions, as they represent around 40% of all energy use. The EU addressed the problem by introducing minimum requirements for the energy performance of buildings, but having acknowledged that more needs to be done, it is now in the course of revising the legislation.

Energy 20-08-2009

Pipeline politics? Russia and the EU’s battle for energy

While Russian gas giant Gazprom is drawing up long-term plans to strengthen its grip on Europe with pipeline projects backed by the Kremlin, the EU's response strategies are only in the early stages of development.

Climate change 04-03-2009

Cities and climate change

Home to 80% of EU citizens and 70% of greenhouse gas emissions, urban areas play a key role in fighting climate change; but cities' access to funding for green policies is proving a major stumbling block.

Energy 12-02-2009

Energy pricing: Fixed rate or free-market?

As electricity and gas markets slowly open up to competition, EU countries with fixed pricing policies are coming under growing pressure to let market forces decide prices. But opponents point to the potentially high social consequences of the measure.

Energy and climate change: Towards an integrated EU policy

At a landmark summit in December 2008, EU leaders reached agreement over an energy and climate change 'package' to deliver the bloc's ambitious objectives of slashing greenhouse-gas emissions and boosting renewable energies by 20% by 2020. The package is designed to reduce the Union's dependency on imported fuels and set the pace of "a new global industrial revolution".

Energy 19-05-2008

Liberalisation of the EU gas sector

As the EU embarks on a third wave of energy liberalisation, some voices are warning that the gas sector must be treated with extra caution as the current proposals are causing tensions with Europe's largest supplier, Russia.

Supporter

LUKOIL

25 Years of Sustainable Development

LUKOIL is one of the major international oil and gas companies that accounts for more than 2% of the world's oil production and around 1% of the proven hydrocarbon reserves. Every day millions of consumers in more than 30 countries worldwide buy LUKOIL’s products, energy and heat, improving the quality of their life.

While having the full production cycle, LUKOIL exercises full control over the whole production chain — from oil and gas production to petroleum product sales. LUKOIL's goal is to create new value, maintain high profitability and stability of its business, deliver high return on capital employed for its shareholders by increasing the value of the LUKOIL's assets and the payment of cash dividends.

To achieve these goals, LUKOIL shall use all available opportunities, including further efforts to reduce costs, increase the efficiency of its operations, improve the quality of its products and services and use new advanced technologies.

Taking social responsibility for the efficient use of natural resources in all its earnestness and maintaining favorable environmental conditions in its business, LUKOIL is guided by the highest HSE standards. In its operations the LUKOIL pursues the sustainable development principles and seeks to achieve a good balance between socio-economic and environmental development.

LUKOIL’s corporate mission is to make the energy of natural resources serve the interests of mankind, to efficiently and responsibly develop the unique hydrocarbon fields by providing Company growth, the wellbeing of its employees and community at large.

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