About: oil and gas

Global Europe 04-10-2019

Tensions grow as Cyprus says Turkish drilling ship violates its rights

Tensions between Cyprus and Turkey over offshore drilling intensified on Friday (4 October) when Nicosia said a decision to send a ship to an area it had already licensed was a "severe escalation" of Turkish violations of its sovereign rights.
Energy 21-08-2019

As the sun sets on oil, the sun will rise on solar power

When shares in Saudi Aramco eventually go public, there will doubtless be a feeding frenzy on what promises to be the largest initial public offering ever seen. More significantly, the move would also signal Saudi Arabia’s recognition that sunset for fossil fuel is just over the horizon, writes Jonathan Gornall.
Agrifood 08-08-2019

EU opens antitrust investigation into PKN’s bid for rival Lotos

Polish oil refiner PKN Orlen's bid for rival Lotos may reduce competition in Poland and neighbouring countries and push up prices, EU antitrust regulators said on Wednesday (7 August) as they opened a full-scale investigation.
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.
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.

‘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.
Global Europe 15-01-2019

Snow crab case to decide who has the right to explore for Arctic oil

Norway’s Supreme Court will on Tuesday (15 January) hear arguments on whether EU ships can fish for snow crab off Arctic islands north of Norway without permission from Oslo, a case that could decide who has the right to explore for oil in the region.

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