European investors are urging EU decision-makers to back a long-term objective for the EU to be carbon neutral by 2050.
Read More »Renewable Energy Goal ‘not on the Table’ at EU Ministerial
The European Commission tabled the 27% renewable energy target as part of a 2030 Clean Energy package of legislation.
Read More »EU Still Giving Gas Projects `Fast-Track` Status
Gas is a fossil fuel that contributes to global warming. but it is often framed by industry as a ".bridge fuel". that will be needed longer than coal and oil.
Read More »EU Drafts Tough Conditions for Russia Pipeline
The EU imports most of its Russian gas via Ukraine Slovakia. Germany (the Nord Stream 1 pipeline). and Belarus Poland.
Read More »Washington Congratulates Lithuania for Receiving First LNG Shipment from US
Lithuania follows Poland in receiving its first LNG delivery from the US. reducing Russian energy dependence &. increasing Baltic security.
Read More »Shell to Deploy Maersk Drilling Rig for Work Offshore Trinidad
The new deal extends the contract from 95 days up to a total of 140 days.
Read More »Russian Watchdog Says Schlumberger-Eurasia Drilling Deal ‘Has Big Problems’
In 2015 Schlumberger agreed to buy 45.65% of EDC for $1.7 billion but the deal fell through after FAS repeatedly postponed its approval.
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