Germany and the Czech Republic are pushing the European Union to hold talks on how to eliminate the remaining energy sources Europe imports from Russia, EU diplomats told Reuters on Tuesday (28 May).
Voters deeply concerned with living costs and climate change are being offered a voice by the European Biodiesel Board, it's calling for a balanced, inclusive, and affordable climate policy in line with the EU’s net zero by 2050 goal.
The European Parliament adopted a pioneering new law to reduce methane emissions in the energy sector on Wednesday (10 April), but the oil and gas sector quickly pointed to potential implementation problems.
The G7 price cap on Russian oil shipments is cutting the revenue that Moscow has available to support its invasion of Ukraine, and the mechanism's effectiveness is helped by the recent actions of Indian refiners, US officials will say.
Russian oil firms face delays of up to several months to be paid for crude and fuel as banks in China, Turkey and the United Arab Emirates become more wary of US secondary sanctions.
European and US oil majors have made record profits totalling more than €260 billion since the Russian invasion of Ukraine started in February 2022, according to NGO Global Witness.
The European Parliament and the Council of EU member states agreed on Wednesday evening (7 February) to grant a two-year delay for sector-specific standards under the Corporate Sustainability Reporting Directive (CSRD), offering a break to mining and fossil fuel firms targeted by the upcoming transparency rules.
Belgium has postponed a vote by EU ambassadors on new emission standards for trucks – initially planned for Wednesday (7 February) – to Friday, after Germany withdrew its previous support for the law, leaving the majority unclear.
Prime Minister Donald Tusk's government began structural and personnel changes in the partially state-owned petrol giant, Orlen, which has been controlled by the former conservative PiS (ECR) cabinet until now.
The gap between official and real-world car emissions has grown by 80% in the past five years, despite advanced testing procedures in place to prevent such a discrepancy, a new study has found.
Oil giant BP Europe is pushing for a revision of the EU’s rules for biofuels, fossil fuel alternatives made from crops, animal fats, and waste, to allow more crops into the EU’s definition of ‘advanced’ biofuels that can be used for aviation.
Russia leapfrogged Saudi Arabia to become China's top crude oil supplier in 2023, data showed on Saturday (20 January), as the world's biggest crude importer defied Western sanctions to purchase vast quantities of discounted oil for its processing plants.
EU countries and the European Parliament reached an agreement on Thursday (18 January) on new rules tightening CO2 limits on heavy-duty vehicles (HDVs), paving the way for a significant increase in the number of clean trucks and buses across the bloc.
At least four tankers transporting diesel and jet fuel from the Middle East and India to Europe are taking the longer route around Africa to avoid the Red Sea, ship tracking data show.
The EU’s complex policy approach to biofuels lacks a long-term outlook and risks undermining the bloc’s transport decarbonisation targets, an analysis by the European Court of Auditors has found.
Petro-state Azerbaijan has cleared a key hurdle to host next year's UN climate summit despite the controversy over COP28 taking place in the oil-rich United Arab Emirates.
A Western price cap imposed a year ago Tuesday (5 December) on Russia's oil has had limited success with Russia increasingly finding ways to deliver crude at prices above the $60 limit.
Russian oil company Lukoil is considering all possible options for the future of its Bulgarian business, including the sale of the Balkans’ largest refinery, Neftochim Burgas, and its vast network of petrol stations and oil depots in the country, the Russian company announced on Tuesday.
A record almost 2,500 fossil fuel lobbyists have been accredited for UN climate talks in Dubai, as negotiators wrestle with calls to end all new oil, gas and coal projects to curb global warming, campaign groups said Tuesday (5 December).
Green campaigners have condemned the European Parliament’s proposed provisions for trucks running solely on renewable fuels, though the fuels industry insists the move is in line with Europe’s climate goals.
Scarce e-fuels and sustainable biofuels should be reserved for hard-to-decarbonise transport modes such as shipping, rather than going to trucks and buses where electrification is a viable option, shipowners argue.
The Bulgarian government on Thursday became hostage to the decision on the future of the Lukoil Neftochim refinery in Burgas, with the GERB and DPS parties, which have so far supported the decision, insisting on an immediate end to imports of Russian crude despite the risks to the local oil market.
Russian oil tankers are not targeted in the European Commission's proposal for tightening the implementation of a price cap on the country's crude oil, EU diplomats said on Wednesday (15 November).
The EU struck an informal agreement on its first ever law to tackle methane emissions in the energy sector, following late-night negotiations in Brussels that will oblige importers of fossil fuels to match minimum standards from 2030.
