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.
French energy giant Total joined other European companies in signalling on Wednesday (16 May) they could exit Iran, casting doubt on whether European leaders meeting to try to salvage the Iran nuclear deal can safeguard trade with Tehran.
An armed group forced Libya’s massive el-Sharara oilfield to close late on Sunday (1 October), shutting off production of more than 230,000 barrels per day (bpd), the head of the state oil company said.
Italian Minister of Defence Roberta Pinotti is paying a “symbolic” visit today (31 July) to Cyprus in light of oil and gas drilling that a consortium of France's Total and Italy's Eni is now carrying out in the region.
The West's three biggest energy corporations are lobbying Qatar to take part in a huge expansion of its gas production, handing Doha an unintended but timely boost in its bitter dispute with Gulf Arab neighbors.
France vowed on Monday (30 January) to defend Iran's nuclear deal, which US President Donald Trump has threatened to tear up, but said it was imperative Tehran abide strictly by the conditions of the accord.
Nearly half of the world's 200 biggest companies actively fight regulation to protect the climate, a study has revealed. French business group MEDEF and oil company Total are among the worst offenders. EurAtiv France reports.
EXCLUSIVE / The European Parliament's Special Committee on Tax Rulings plans to revoke the accreditation of certain lobbyists in retaliation for the behaviour of uncooperative multinationals. EURACTIV France reports.
The bosses of Europe’s six largest energy companies, including BP and Shell, have said gas should play a vital role in plans to tackle global warming, in a rare public intervention aimed at influencing UN talks.
Croatia has received six bids in an international tender for oil and gas exploration areas in the Adriatic, and will choose the best ones by the end of the year, Economy Minister Ivan Vrdoljak said yesterday (3 November).
The French parliament has adopted the first European directive to increase transparency in the extractive industries. Producers of wood, oil, gas and minerals will now have to declare payments to the states where they operate.