Preliminary estimates indicate that the discovery holds 17-47 million barrels of recoverable oil equivalent, with the majority being oil.Continue readingEquinor makes oil and gas discovery near Troll field in Norwegian North Sea
Tag: europe
“Shell can’t claim to be in transition as long as investments in fossil fuels dwarf investments in renewables,” said Mark van Baal, founder of Follow This, an activist shareholder…Continue readingShell profits more than double to record $40bn
Seventy years after the worst natural disaster to strike the Netherlands, Chiem de Vos, seven at the time, still hears his neighbour’s desperate cries of “My children are drowning!”…Continue readingDutch flood memories unleash new climate fears
Sovereign wealth fund has gained 5% so far this year but chief executive warns of ‘uncertain’ 2023.Continue readingNorway’s $1.3tn oil fund bounces back after worst year since 2008
The energy agreement, signed during Italian PM Meloni’s visit to Tripoli, seeks to boost Libya’s gas output through new offshore gas fields.Continue readingItaly’s Eni signs $8bn gas deal with Libya amid energy crunch
“The Adorf field is already an important contributor to domestic energy supplies in Germany, providing enough gas to heat more than 100,000 households.”Continue readingNeptune Energy commences drilling at Adorf gas development
“New gas volumes will be key to enabling the development of new value chains for hydrogen for Europe.”Continue readingNorway offers 47 new offshore production licences to 25 oil companies
The phase II of Johan Sverdrup project entails an investment of NOK48bn ($4.8bn) and includes a new platform, five new subsea systems, 28 new wells, a new module for…Continue readingEquinor begins production from Johan Sverdrup Phase 2 project
Almost one fourth of Sweden’s last unprotected old-growth forest was logged between 2003 and 2019. At this rate, all of these ecologically unique and valuable forests will be lost…Continue readingStudy uncovers widespread and ongoing clearcutting of Swedish old forests
Big polluting industries have been given almost €100 billion (£86 billion) in free carbon permits by the EU in the last nine years. The free permits did not come…Continue readingBig polluters given almost €100 billion in free carbon permits by EU
QatarEnergy and ConocoPhillips have signed two sales and purchase agreements to export liquefied natural gas (LNG) to Germany for at least 15 years starting 2026 – the first such…Continue readingQatarEnergy, ConocoPhillips sign LNG deal for Germany
Equinor has submitted a plan for development and operation (PDO) for the NOK 14.8 billion ($1.46 billion) Irpa gas project in the Norwegian Sea to the Norwegian Petroleum and…Continue readingEquinor submits PDO for $1.5 billion Irpa gas project in Norwegian Sea
Dutch construction company HSM Offshore Energy has secured a contract for the construction of a production platform at N05-A gas field in the North Sea. HSM will build the…Continue readingHSM wins contract to build N05-A gas production platform in North Sea
Tens of thousands of delegates have descended on Sharm el-Sheikh, an Egyptian resort town, for COP27, the UN climate summit. Of the 33,000-odd that registered, about 16,000 represent the…Continue readingWhat is the fossil-fuel industry doing at COP27?
There’s some hocus-pocus going on with the emissions reduction numbers the European Union is proudly touting at the COP27 climate summit, climate campaigners allege. The EU says it’s one…Continue readingEU accused of climate accounting tricks
More than 30 tankers holding liquefied natural gas (LNG) are floating just off Europe’s shoreline as energy traders bet the autumn price reprieve prompted by robust supplies and warm…Continue readingLNG tankers idle off Europe’s coast as traders wait for gas price rise
More and more scientists are now admitting publicly that they are scared by the recent climate extremes, such as the floods in Pakistan and west Africa, the droughts and…Continue readingWhy scientists are using the word scary over the climate crisis
The Ugandan government has secured support from the African, Caribbean, Pacific -European Union (ACP-EU) for proceeding with the East African crude oil pipeline project (EACOP), a 1,443km (896 mile)…Continue readingUganda secures support from ACP-EU for East African crude oil pipeline
The fossil fuel industry is experiencing a remarkable rebound, with sudden momentum behind more than 80 projects that range from coal-fired power plants to hulking gas export terminals, many…Continue readingFossil fuel projects were stalled a year ago. Now they’re making a comeback.
The first LNG (liquid natural gas) import terminal in Finland has been connected to the transmission network. Hamina LNG provides LNG storage services, regasification and injection services into the…Continue readingFinland’s first LNG import terminal has started commercial operations
Human-driven climate change made the droughts that gripped large swaths of Europe, China and North America this year at least 20 times more likely, an international group of scientists…Continue reading2022 droughts ‘virtually impossible without climate change’, study finds
The waters of the EU are in a “dismal” state, with only a third of fish populations studied in the north-east Atlantic considered to be in good condition, according…Continue readingEU slammed over failure to protect marine life from ‘destructive’ fishing
Germany is relying on highly polluting coal for almost a third of its electricity, as the impact of government policies and the war in Ukraine leads producers in Europe’s…Continue readingGermany turns to coal for a third of its electricity
Amid blistering heat waves, brutal drought and widespread wildfires, Europe just notched its hottest summer in recorded history, new data from the Copernicus Climate Change Service shows. It was…Continue readingEurope just had its hottest summer on record
Norway’s last remaining coal mine on a geopolitically important Arctic archipelago will stay open. Store Norske, the state-owned mining company, said on Friday it had originally planned to close…Continue readingNorway prolongs life of Arctic coal mine
47% of Europe is undergoing warning conditions, as moisture in the soil dries out and 17% of the region is on a state of alert as vegetation is affected.…Continue readingEurope facing its worst drought for 500 years
Blazes that have torched tens of thousands of hectares of forest in France, Spain and Portugal have made 2022 a record year for wildfire activity in southwestern Europe. France…Continue reading2022 sets record fire activity in southwest Europe
Europe’s most severe drought in decades is hitting homes, factories, farmers and freight across the continent, as experts warn drier winters and searing summers fuelled by global heating mean…Continue reading‘The new normal’: how Europe is being hit by a climate-driven drought crisis
Portugal recorded its hottest July on record. The average temperature was 25.1˚C (77.3 ˚F), it said. That was almost 3˚C higher than the expected July average. The heat worsened…Continue readingPortugal sets new July heat record, worsening severe drought
Coal – France, Italy, Austria and the Netherlands have all announced plans to reactivate old coal power plants. But nowhere are the plans as extensive as in Germany, which…Continue readingGermany increases reliance on coal and oil
Wintershall Dea and its partners Sval Energi and Pandion Energy Norge have started production from the Nova oil field (previously Skarfjell) located in the Norwegian North Sea. The development…Continue readingWintershall Dea begins production from Nova oil field, offshore Norway
The more than 4,000km (2,485 mile) long onshore gas pipeline is planned to start in Warri in Nigeria, travel through Niger, and end in Hassi R’Mel in Algeria, from…Continue readingAlgeria, Nigeria, and Niger sign MoU for $13 billion Trans Saharan gas pipeline
GAZ-SYSTEM said that the Baltic Pipe project, a 900km long offshore and onshore natural gas pipeline has been connected to the Polish and Danish transmission systems. The pipeline project…Continue readingGAZ-SYSTEM connects Baltic Pipe to Polish and Danish transmission systems
At a sprawling landfill near Madrid, hundreds of white storks dodge garbage trucks as they look for scraps of food among the mountains of multicoloured garbage bags. The birds…Continue readingStorks give up migrating to live on landfill in Spain
Italy faced the hottest day of the current heatwave Friday with red extreme heat warnings issued for 16 cities across the country, as firefighters battled blazes up and down…Continue readingItaly heatwave peaks with 16 cities on red alert as Tuscany burns
A heat wave that brought record temperatures to Britain and parts of France swelled over Central Europe. The toll from a heat dome is rising, and Portugal alone has…Continue readingBrutal heat dome moves east, with Central Europe sweltering
France, Portugal and Spain are among the European countries particularly affected, with temperatures of more than 45˚C (113˚F) recorded during a heatwave that is also sweeping the UK. France:…Continue readingFirefighters tackle southern Europe wildfires as heatwave passes 45˚C
Hungary’s government has declared an “energy emergency” in response to supply disruptions and skyrocketing energy prices in Europe, an official said. There is “unlikely to be enough gas in…Continue readingHungary declares ‘energy emergency’ over threat of fuel shortages
United States: In Texas, temperatures hit triple digits Fahrenheit over the weekend, with some places breaking century-old records. On Saturday, Waco reached 108˚F (42˚C), smashing the 104˚F (40˚C) high…Continue readingHeatwaves in the US, China and Spain
Under the plans, gas can be classed as a sustainable investment if “the same energy capacity cannot be generated with renewable sources” and plans are in place to switch…Continue readingEU votes to class gas and nuclear as green
Italy is facing an unusually early heatwave and a lack of rainfall, particularly in the northern agricultural Po valley, which has been hit by its worst drought in decades.…Continue readingItaly declares state of emergency in five regions over drought
Most rain on the Iberian peninsula (most of Spain and Portugal, as well as a small area of Southern France, Andorra, and Gibraltar) falls in winter as wet, low-pressure…Continue readingSpain and Portugal suffering driest climate for 1,200 years
The Netherlands said it would lift all restrictions on power stations fired by the fossil fuel, which were previously limited to just over a third of output. Berlin and…Continue readingDutch join Germany, Austria, in reverting to coal
Firefighters in Spain and Germany are struggling to contain wildfires amid a heatwave in Western Europe, unusual for this time of year. The worst damage in Spain has been…Continue readingSpain, Germany battle wildfires amid unusual heatwave in Europe
In just more than two decades, the continent has experienced its five hottest summers since 1500. 2021: Hottest ever Last year was Europe’s hottest summer on record. Greece endured…Continue readingEurope’s five hottest summers since 1500
Almost the whole of Portugal was in severe drought at the end of May. The month of May was the hottest in the southern European country for the last…Continue reading97% of Portugal in severe drought
Coal prices are soaring, hitting $462 per tonne today, up from $186 on the 23rd of February and likely to pass $500 this year. Russia is Europe’s largest supplier of thermal…Continue readingOld King Coal: price reaches highest level in more than 200 years, on track for $500
Qatar and Germany have signed a declaration to deepen their energy partnership, with a focus on trade in hydrogen and liquefied natural gas (LNG), as Europe’s biggest economy looks…Continue readingGermany, Qatar sign energy partnership agreement
Brussels has given the green light for the EU to burn more coal over the next decade as it tries to end the use of Russian gas and oil.…Continue readingEU accepts it will burn more coal in move away from Russian gas
A scientific team recommends excluding and moving offshore wind farms from the protected areas in the Mediterranean due to the serious negative impacts these facilities can cause on the…Continue readingStudy recommends excluding and moving offshore wind farms away from the protected areas in the Mediterranean
From the U.S. to China, in Europe, India and Japan, fossil fuels are staging a comeback, clean energy stocks are taking a hammering, and the prospects for speeding the…Continue readingThe great climate backslide: How governments are regressing worldwide
25 European banks have provided $US33 billion (£24 billion) in loans and other financing to 50 companies with large oil and gas expansion plans, less than a year since…Continue readingEurope’s biggest banks provide £24 billion to oil and gas firms despite net zero pledges
The European Commission has been accused of undermining its climate goals after it defied critics by pushing ahead with plans to include gas and nuclear in an EU guidebook…Continue readingEU includes gas and nuclear in guidebook for ‘green’ investments
One of every six birds – a net loss of 600 million breeding birds in total – have disappeared over less than four decades. The study by scientists from…Continue readingHumans kill off 1 in 6 birds in the EU and UK
Germany’s Garzweiler coal mine has already swallowed more than a dozen villages. Centuries-old churches and family homes have been razed and the land they were built on torn away.…Continue readingGermany portrays itself as a climate leader. But it’s still razing villages for coal mines.
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A minority coalition of the Labour Party and the rural Centre Party will take power after defeating the Conservative-led government in last month’s election. “The Norwegian petroleum industry will…Continue readingNorway to keep searching for oil and gas
After Venice suffered the second-worst flood in its history in November 2019, it was inundated with four more exceptional tides within six weeks, shocking Venetians and triggering fears about…Continue readingFlooding in Venice worsens off-season amid climate change
Rossiglione, Italy, ended up with a mind-boggling 34.8 inches (883.8 mm) of rainfall over the course of 24 hours. The annual rainfall total for the nearby city of Genoa…Continue reading34 inches of rain in 24 hours breaks continental record