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.
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.
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.
Europe’s electricity industry appears to have come to terms with the reality that wind and solar power will be central to a shift away from fossil fuels, especially coal-fired power generation. Now policy makers in Brussels are swivelling the spotlight towards transport, and the biggest fossil fuel of all: oil.
Falling demand for diesel-powered cars is having a “brutal” impact on carmakers while the EU’s CO2 reduction policy is jeopardising a fragile recovery in sales, the president of the European Automobile Manufacturers' Association (ACEA) told reporters on Wednesday (31 January).
EU policy on vehicle emissions is biased towards electrification, the trade association FuelsEurope argued on Monday (4 December), as it presented a study suggesting that a gradual switch from diesel to zero-emissions cars would have almost no impact o...
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.
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.
Petroleum refiners have teamed up with other energy-intensive industries to warn about EU plans to hike the cost of emitting carbon dioxide, echoing previous warnings about "carbon leakage" which critics say have failed to materialise.
While EU lawmakers are picking over proposals intended to drag Europe’s electricity sector into a 21st century dominated by intermittent renewable power and decentralised generation, others are already contemplating ways in which new digital technologies might shake things up even more.