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.
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.
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.
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.
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.
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.
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...
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.
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.
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.
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.
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.
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.
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).
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.
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.
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.
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.
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).
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.