About: oil and gas industry

Energy 17-07-2019

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 clarifies funding scope for CO2 capture technology

The European Commission has clarified how it intends to support carbon capture and storage (CCS), a key technology in the fight against global warming, which supporters say will enable deep emission cuts in heavy industries such as cement, steel and petrochemicals.
Energy 28-06-2019

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.
Energy 27-06-2019

After years of decline, oil and gas extraction is set to increase

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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.
Energy 20-06-2019

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.
Energy 17-06-2019

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.
Energy 14-06-2019

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.
Energy 07-06-2019

Leaked report reveals ‘misfunctioning’ of Energy Charter Treaty amid EU reform calls

A confidential internal report, obtained by EURACTIV, lists the multiple failings of the Energy Charter secretariat, at a time when the treaty is undergoing a major revision process and is being used by Russia's Nord Stream 2 pipeline in a first-time legal proceeding against the EU.
Climate change 06-06-2019

Why France’s Total will not sponsor the Olympics in Paris

Although it has not yet made its decision public, France's oil company Total will not be a partner of the 2024 Paris Olympics. EURACTIV's partner La Tribune reports.
Energy 06-06-2019

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.
Energy 23-05-2019

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...
Energy 16-05-2019

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.
Climate change 30-04-2019

Methane: Europe’s chronic climate blind spot

Europe has long led the global charge against greenhouse gas pollution. But it has been chronically reluctant to address the climate impact of methane emissions from the oil and gas sector, writes Poppy Kalesi.
Climate change 12-04-2019

Exxon lobbyists allowed to keep EU access badges

The heads of political groups in the European Parliament have failed to reach a decision on whether to strip ExxonMobil lobbyists from their EU access badges, leaving some activists bitterly disappointed and others reflecting about future engagement with the oil and gas industry.
Climate change 09-04-2019

ExxonMobil misled the public. Now they’re trying to mislead the European Parliament

Last month, US oil giant ExxonMobil was invited by the European Parliament to testify publicly about the history of climate change denial. But instead of responding transparently, they tried behind the scenes to discredit the peer-reviewed research conducted by Harvard University researchers, writes Geoffrey Supran.

‘Historic breakthrough’: Norway’s giant oil fund dives into renewables

Norway’s $1tn oil fund, the world’s largest sovereign wealth fund, is to plunge billions of dollars into wind and solar power projects. The decision follows Saudi Arabia’s oil fund selling off its last oil and gas assets. EURACTIV's media partner, The Guardian, reports.
Climate change 23-03-2019

ExxonMobil faces EU Parliament ban after no show at climate hearing

ExxonMobil faces losing its lobby privileges at the European parliament after the company failed to show up for the first hearing into climate change denial. EURACTIV's media partner The Guardian, reports.
Energy 22-03-2019

Big oil’s ‘double speak’ on climate exposed in new report

The world’s five largest listed oil and gas companies have spent more than $1 billion touting their climate credentials since the Paris Agreement was signed, whilst lobbying to protect and expand their fossil fuel operations, according to new analysis published on Friday (22 March).
Agrifood 11-12-2018

IEA chief: Ethanol ‘very important’ to reduce oil dependence

Ethanol will have a very important role in decarbonising the transport sector globally, the executive director of the International Energy Agency (IEA) told EURACTIV.com. Another energy expert said electrification will play a major role in transport but is not applicable to all sectors, which is where biofuels come in.

How will oil producing countries meet the challenge of climate change?

As the United Nations COP24 gets underway in Poland, leading oil and gas players – countries and companies – are confronted with the challenge of mapping out their share of the new energy economy, writes Robin Mills.
Energy 04-12-2018

Making electricity rules fit for the integrated energy system of the future

When adopting new rules for Europe’s electricity market, EU policymakers shouldn’t lose sight of the bigger picture which involves an increasingly integrated energy system with multiple links between electricity, heat and gas, writes Hans Korteweg.
Energy 12-11-2018

European oil majors better prepared for energy transition than US, Chinese counterparts

Oil majors are “lagging” when it comes to preparing for the low-carbon energy transition, according to a new report from financial watchdog CDP, which nonetheless praised BP, Eni, Equinor, Total, Repsol and Shell for taking the industry’s lead.
Economy & Jobs 27-08-2018

Iran says awaiting European guarantees on oil sales, banking

Iran is awaiting European guarantees on the sale of Iranian oil and banking relations, Foreign Minister Mohammad Javad Zarif said on Saturday (25 August), according to the Iranian Students' News Agency (ISNA).
Energy 20-08-2018

China defies US pressure as EU parts ways with Iranian oil

China, seeking to skirt US sanctions, will use oil tankers from Iran for its purchases of that country's crude, throwing Tehran a lifeline while European companies such as France's Total are walking away due to fear of reprisals from Washington.

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