About: oil and gas industry

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.
Global Europe 06-06-2018

Qatar turns to Europe to escape Gulf blockade

Isolated among the Gulf States for the past year, Qatar has paradoxically managed to steer a successful course through the economic conflict waged against it, by turning to Europe. EURACTIV.fr reports.
Energy 14-05-2018

European gas markets

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At the turn of the century, the European Union launched a vigorous liberalisation agenda in a bid to open up its national gas markets – aiming for lower prices, a greater range of suppliers and energy security. EURACTIV takes stock of progress made and the challenges lying ahead.
Energy 30-03-2018

Faria MEP: Offshore Safety Directive is ripe for reform

The Portuguese lawmaker behind the most recent European Parliament resolution on the safety of offshore drilling, told EURACTIV why he opposes moves to open up oil and gas fields in European waters, not least in his home country Portugal.
Energy 30-03-2018

Offshore oil facing countdown to comply with new EU safety rules

Oil companies operating in European waters are racing to comply with a 19 July deadline to implement new EU safety rules on offshore drilling adopted in the aftermath of the disastrous BP oil slick in the Gulf of Mexico.

Russia’s economy: Still dependent on oil

After two years of recession caused by lower oil prices and western sanctions, Russia’s recovery benefits Vladimir Putin who is seeking a new term of office.  However this improvement won’t last long without a structural reform. EURACTIV.fr reports.
Energy 14-03-2018

Europe must regain the lead in clean automotive innovation

The EU must adopt policies that put European manufacturers on the right track to compete with the global shift to low carbon transport, writes Andrey Kovatchev.

Energy 08-03-2018

Europe’s future oil production seen viable at $60 a barrel

Europe is hardly the first place that springs to mind when thinking about the world's major oil producing regions, and there is a perception that the domestic industry has already seen its heyday, particularly in the North Sea.
Energy 20-02-2018

The future of gas is not fossil but green

There is a vast potential for green gas in Europe, generated from sustainable resources such as biomass and organic waste, some of which can directly be injected into the grid or take the shape of hydrogen, writes Claude Turmes.
Energy 05-12-2017

Common failures in predicting future oil demand

In a world where technologies are evolving at a blistering pace, many are struggling to make smart choices, especially in the area of transport, writes Pete Harrison.
Energy 30-11-2017

Think tanker: E-mobility push won’t affect EU oil demand significantly until 2040s

The IEA’s latest World Energy Outlook suggests the EU is set to wean itself off oil even as global consumption continues to rise. EURACTIV.com asked Georg Zachmann, a senior fellow at the Brussels-based think tank Bruegel, how he sees oil demand in the EU changing in the coming years.
Energy 30-11-2017

Fair fuel pricing: A test for Europe’s climate ambitions

Is the EU committed enough to increase taxes on fossil fuels? That is a question that needs to be raised now considering the long-running debate on the best measures, including energy taxation, to reduce greenhouse gas emissions, write Kai Schlegelmilch and Zoltán Szabó.  
Energy 17-11-2017

World’s biggest sovereign wealth fund proposes ditching oil and gas holdings

The Norwegian central bank, which runs the country’s sovereign wealth fund – the world’s biggest – has told its government it should dump its shares in oil and gas companies, in a move that could have significant consequences for the sector. EURACTIV's media partner The Guardian reports.
Energy 02-11-2017

Oil exploration continues unabated in Europe, despite Paris goals

As world leaders prepare to meet for UN climate talks in Bonn, it may come as a surprise that firms are lining up to drill, at great expense, in Europe’s northern waters where output has peaked years ago.
Climate change 02-11-2017

Gas lobby keeps Europe hooked on fossil fuels

As the COP23 UN climate talks open in Bonn, the European Commission and EU member states are embarking on a massive spending spree to subsidise new gas infrastructure that will make it impossible to achieve the global warming targets agreed two years ago in Paris, writes Pascoe Sabido.
Energy 22-08-2017

Fire at Dutch refinery reveals Europe’s dependence on imported diesel

Europe is known to be dependent from imported crude oil. But an incident at the EU’s biggest refinery has shown that the European continent has also become dependent on import of diesel fuel.
Energy 17-08-2017

Russian watchdog says Schlumberger-Eurasia Drilling deal ‘has big problems’

The acquisition of a 51% stake in Russia's Eurasia Drilling Co (EDC) by US oilfield services giant Schlumberger "has big problems" in the current political situation, the head of Russia's competition watchdog said yesterday (16 August).
Global Europe 12-09-2016

The omissions of the EU’s new Arctic policy

Nations both close and distant to the Arctic Circle are increasingly becoming engaged in the North, as the European Union’s new policy for the Arctic shows. The plan is a step forward, but it speaks volumes by what it leaves out, writes Antonia Sohns.
Energy 20-06-2016

Will ‘digital oil’ be the solution to the energy crisis?

The oil sector believes that the digitisation of the industry is a solid option to cut costs and survive a volatile market, while meeting consumer demand.
Energy 12-04-2016

Greek energy industry: Syriza plays favourites in excise tax vote

Under the nose of the Troika, the Greek government passed an amendment exempting from an excise tax natural gas used by industries as raw material, favoring a single industrial sector.
Development Policy 19-03-2016

As elections near, Congo seeks to diversify its economy beyond oil

Like many of its sub-Saharan African neighbours, the Republic of Congo is a country of oil price fuelled boom and bust. But the future is away from oil.
Energy 19-01-2016

Spain seizes on end of Iran’s sanctions with plan for joint refinery

Iran and Spain are discussing the construction of an Iranian-owned oil refinery at the Gibraltar strait, the Spanish foreign minister said on Monday, a day after sanctions against the economically isolated Islamic republic were lifted.
Federica Mogherini
Global Europe 19-10-2015

EU, US line up sanction waivers on Iran

The United States and the European Union both took formal legal steps on Sunday that will lift sanctions once Iran meets the conditions tied to a landmark nuclear agreement with major world powers.