Libya’s National Oil Corp. (NOC) chairman Farhat Bengdara has visited the heads of Eni and TotalEnergies in their home offices, seeking new investments.
TechnipFMC has restarted its bid to split the business in two after the Covid-19 pandemic halted the process.
The boss of French oil giant Total has said moving the company's financial hub out of London to Paris due to Brexit is "a logical decision".
Climate change is accelerating, with carbon dioxide levels increasing, sea levels rising and ice sheets melting faster than ever, experts have warned.
A new inforgraphic released by RS Components reveals that some of the major cities in the world would need to give up a lot of space to power entirely through solar energy.
The UK is set to ratify the world’s first comprehensive agreement on tackling climate change after Parliament raised no objections to the deal.
Engie is in flux, busily rebalancing its portfolio including putting the exploration & production arm under review. So these are tough times for E&P’s chief executive, writes Jeremy Cresswell
German Chancellor Angela Merkel has applauded the global pact to fight climate change that was adopted by nearly 200 nations in Paris.
It took years of careful planning by the United Nations and the 195 countries involved to reach the historic deal on climate change agreed in Paris on Saturday.
The deal struck at United Nations climate talks requires an overhaul of historic proportions for energy policies worldwide and a huge investment in cleaning up the pollution now damaging the Earth’s atmosphere.
They are still handing out free apples and chocolate bars at the entrance to the Paris climate talks and a waterfall on the Indian stand spells out messages such as “climate justice”.
Ministers from around the world have worked through the night as the talks for a new deal on climate change enter their final days. Efforts are being made to break divisions on key issues in the agreement which aims to avoid dangerous climate change and provide finance for poor countries to deal with the impacts of global warming. A draft of the text for the agreement released on Wednesday contained the potential for ambitious targets on curbing rising global temperatures and cutting emissions over the coming decades, as well as weaker options, and a new text is expected later today.
Ministers from countries around the world are set to arrive in Paris for the final week of UN climate talks which have so far produced a draft text and a greater sense of optimism than previous meetings.
The Prince of Wales is to give a speech on protecting forests as efforts to cut emissions from deforestation are discussed at the UN climate talks in Paris.
Global meat consumption needs to be cut to ensure the world avoids “dangerous” climate change, a report has warned.
A huge march through Paris on the eve of international climate talks in the French capital will not go ahead following Friday’s terror attacks. The organisers of the march, which had been expected to draw as many as several hundred thousand people on Sunday November 29 calling for strong action on climate change, had hoped to go ahead with the demonstration despite the attacks. But in the wake of the killings in Paris, French authorities have told the coalition of campaigners it cannot proceed.
Geopolitical developments often have a major impact on oil prices since they can affect oil supply directly and since the threat of future supply disruptions can also build a risk premium into oil prices. As a notable example, in the early part of 2014, conflicts in Libya and Iraq led to temporary outages in their oil production, keeping world prices high, even as supply elsewhere in the world continued to ramp up. When production from those two countries came back on stream, that was an important trigger for the plunge in oil prices later in the year. Notice how much oil price spiked at the historical times of war.
The Paris attacks will impact the French economy in the near term but activity is likely to remain resilient, according to a leading expert. IHS global insight chief European and UK economist Howard Archer has compared the most recent attack in the French capital – which killed 129 people – to previous incidents in both London and Madrid. Archer said experience from those events showed the economic impact is likely to be “limited and temporary”.
A lawyer working for Statoil caught up in the Paris terror attacks has spoken to Energy Voice’s sister publication the Press and Journal.
A campaign group has likened the G20’s actions to be being “drunk at a wedding”.
Oil halted its decline near the lowest close in more than two months as investors weighed a global supply glut against heightened geopolitical tension after France bombed Syria in response to terrorist attacks in Paris.
While nobody can predict how deeply investors will react to attacks that killed scores of people in Paris Friday, the history of terror incidents around the world over the last 15 years shows market reactions are often sharp and, increasingly, short-lived.
The French government vowed to push on with the United Nations Climate summit in Paris this month and will boost security for the more than 120 world leaders traveling to a city reeling from a deadly terrorist attack.
An open letter by 41 signatories has been sent to the executive secretary of the United Nations Framework Convention on Climate Change (UNFCCC) regarding CCS (Carbon Capture Storage). Scientists and experts from Scotland to China said they had written to reassure the UNFCCC that CCS is “safe, secure and effective”. They said extensive research had shown CO2 storage at selected sites was unlikely to lead to any leakages.
The leaders of eight of the world’s top oil companies are set to meet in Paris next week to show how they will combat climate change. The move is part of an offensive ahead of a UN summit which will be held in December. The meeting will be followed by a press conference where the company bosses are also expected to renew a call for a global carbon pricing mechanism. Total chief executive Patrick Pouyanne said company leaders would present proposals to combat global warming ahead of the talks.