NOC secures investment pledges from Eni, TotalEnergies
Libya’s National Oil Corp. (NOC) chairman Farhat Bengdara has visited the heads of Eni and TotalEnergies in their home offices, seeking new investments.
Paris
TechnipFMC restarts move to split into two companies
TechnipFMC has restarted its bid to split the business in two after the Covid-19 pandemic halted the process.
Total shifting ‘finance hub’ to Paris from London ‘due to Brexit’
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 causes and impacts accelerating, experts warn
Climate change is accelerating, with carbon dioxide levels increasing, sea levels rising and ice sheets melting faster than ever, experts have warned.
INFOGRAPHIC: Paris would need nearly half of city covered in solar panels to power entirely via sun
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.
Paris climate change agreement to be ratified by UK
The UK is set to ratify the world’s first comprehensive agreement on tackling climate change after Parliament raised no objections to the deal.
A Norwegian in Paris – Engie’s Maria Moraeus Hanssen
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
Leaders hail Paris climate change deal
German Chancellor Angela Merkel has applauded the global pact to fight climate change that was adopted by nearly 200 nations in Paris.
Eight lessons from the climate disaster and why Paris worked
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.
Climate deal requires $16.5trillion Investment to cut pollution
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.
Waiting game continues at Paris climate talks as the stands come down
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”.
COP 21: Ministers work through night in bid for deal
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.
World ministers arrive in Paris for climate talks
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.
Prince Charles calls for greater climate protection amid Paris talks
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.
Want to tackle climate change and feel better? East less meat
Global meat consumption needs to be cut to ensure the world avoids “dangerous” climate change, a report has warned.
COP 21 climate change march cancelled after Paris attacks
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.
Opinion: Paris attacks and commodities, history shows us what to expect
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.
London and Madrid terror attacks show French economy could remain resilient
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”.
Oil worker escapes Paris terror attacks
A lawyer working for Statoil caught up in the Paris terror attacks has spoken to Energy Voice’s sister publication the Press and Journal.
G20 accused of being ‘drunk friend at wedding’
A campaign group has likened the G20’s actions to be being “drunk at a wedding”.
Oil halts drop as response to Paris attacks weighed against glut
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.
As terror episodes increase, so has global market resilience
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.
French Government vows to push on with Paris climate summit
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.
CCS experts sign open letter to UN ahead of Paris talks
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.
Oil bosses to meet in Paris ahead of climate talks
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.