About: oil and gas industry

Climate change 18-10-2021

Climate change a double blow for oil-rich Mideast, experts say

The climate crisis threatens a double blow for the Middle East, experts say, by destroying its oil income as the world shifts to renewables and by raising temperatures to unliveable extremes.
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Energy 14-07-2021

Oil and gas needs the courage to reinvent itself

By unveiling the ambitious climate package “Fit for 55”, the European Commission showed that the EU’s climate law adopted in April can have teeth. The proposed overhaul of the EU’s regulatory environment is necessary to deliver on the promise to...
Energy 08-06-2021

Study: Peak oil moves closer as energy majors shift to renewables

The world’s largest oil and gas companies increased investment in clean energy by 23% compared to 2018, despite a 6% fall in global energy demand last year caused by the coronavirus pandemic, according to new research published on Tuesday (8 June).
Energy 27-05-2021

Shell ordered to slash emissions 45% by 2030 in historic court ruling

A Dutch court has ordered Royal Dutch Shell to cut its emissions 45% by 2030 compared to 2019 levels, in a landmark ruling. EURACTIV's media partner, Climate Home News, reports.

NGOs claim Total CEO abused role on top university’s board

NGOs and the Ecole Polytechnique's sNGOs and the Ecole Polytechnique's student association have filed a complaint against Total CEO Patrick Pouyanné, alleging he abused his role on the university's board, which last year approved Total's plans to build a new research and innovation centre on its campus. EURACTIV France reports.tudent association have filed a complaint against Total CEO Patrick Pouyanné and X, alleging he abused his role on the university's board, which approved Total's plans to build a new research and innovation centre on its campus. EURACTIV France reports.
Energy 24-02-2021

Global gas firms target industrial ‘clusters’ for first hydrogen clients

Gas companies in Europe and America are looking at using the existing gas network to serve industrial “clusters” of hydrogen users in sectors like chemicals, cement and steelmaking, adopting a “phased approach” endorsed by the European Commission.

EXCLUSIVE: Brussels ties with fossil fuel industry revealed 

Three top officials in Ursula von der Leyen's green-oriented European Commission – Josep  Borrell, Stella Kyriakides and Adina Vălean – have until recently had ties with the fossil fuel industry, according to new research revealed exclusively by EURACTIV. 
Energy 11-02-2021

Petrostates face $9trln income gap with energy transition: study

The world’s poorest oil-dependent countries are set to take the biggest hit in the transition away from fossil fuels, according to a new report published on Thursday (11 February).

Belgian port lays out plans for ‘massive’ imports of green hydrogen

The Port of Antwerp has partnered with energy utility Engie and five other entities in a consortium aiming to establish a full renewable hydrogen import value chain in Belgium by the end of the decade.
Energy 26-01-2021

BP’s oil exploration team swept aside in climate revolution

Nothing escapes the winds of change now sweeping through BP, not even the exploration team that for more than a century powered its profits by discovering billions of barrels of oil.
Energy 23-11-2020

Oil and gas majors sign up to ‘gold standard’ of methane reporting

Sixty-two major oil and gas companies on Monday (23 November) agreed to a new framework for monitoring, reporting and reducing methane emissions as part of the Oil and Gas Methane Partnership 2.0.
Climate change 30-10-2020

Green recovery led by industry or government – America’s choice between two futures

With the American presidential election next week, the climate policy of Joe Biden and lack of policy from Donald Trump has come into the spotlight: America will have to adapt to green technologies to keep up with the world and the question is whether its administration will dig its heels in or not.
Energy 11-09-2020

Polish oil firm signs up to 2050 climate neutrality goal

PKN Orlen, Poland's largest oil refiner and retailer, this week became the first oil company in central Europe to commit to climate neutrality by 2050, with plans to invest billions in energy efficiency, solar, wind, and hydrogen.
Energy 04-09-2020

Oil industry placing risky bet on plastics, report says

Big oil producers are pinning their future growth on the world's insatiable appetite for plastic, researchers said Friday (4 September), in a "bet" on society's failure to tackle disposable consumption that risks stranding billions of dollars in petrochemical investments.

Norway plans to drill for oil in untouched Arctic areas

Norway is planning to expand oil drilling in previously untouched areas of the Arctic, a move campaigners say threatens the fragile ecosystem and could spark a military standoff with Russia.
Energy 25-08-2020

Draft EU methane strategy shies away from binding emissions standards

The European Union’s long-awaited plan to curb emissions of the potent greenhouse gas methane will not impose binding standards on natural gas sold in the bloc, according to a draft seen by Reuters.
Energy 20-07-2020

Has the coronavirus killed the oil sands industry?

The spectacular collapse in oil prices caused by the coronavirus pandemic has brought the costliest – and most polluting – oil projects such as tar sands to a standstill, a development some analysts say could be definitive.
Energy 08-07-2020

Virus crisis threatens to set back oil platform decommissioning

Oil companies are being forced to cut spending due to a fall in global oil prices, threatening funds earmarked to dismantle dated off-shore rigs, despite environmental risks.

EU lawmakers divided over inclusion of natural gas in Just Transition Fund

The European Parliament's Regional Affairs Committee will vote Monday (6 July) on the EU's proposed €40 billion Just Transition Fund, which aims to support the bloc's 108 coal-producing regions in their transition to a low-carbon economy. EURACTIV Germany reports.
Climate change 24-06-2020

US oil giants lagging behind Europe on climate goals, research finds

US-based oil and gas majors are lagging well behind their European counterparts when it comes to plans for cutting emissions to comply with the Paris climate deal, according to analysis released Wednesday (24 June).

Europe’s oil refiners outline path to climate neutrality by 2050

The European oil refining industry association, whose members includes Shell, BP, ExxonMobil and Total, outlined on Monday (15 June) a €650 billion plan to completely decarbonise transport fuels by 2050.

Why the European Green Deal needs strong methane regulations

Oil and gas companies throughout the supply chain need to do much more to bring down methane emissions immediately. And they can, writes Maarten Wetselaar.
Climate change 12-05-2020

IEA: Oil crisis is ‘litmus test’ for industry’s resolve on climate

The April oil market crash will test the determination of majors like Shell and BP, which have recently announced goals to reach net-zero emissions by 2050, according to the International Energy Agency (IEA).

The relevance of the EU Green Deal in a post-COVID-19 world

In the wake of an escalating global oil industry crisis, drastic global energy law reforms are more needed than ever in order to salvage a viable energy transition, argue Vicente López-Ibor Mayor and Raphael Heffron.