Category: Oil

EU urges member states to slash gas use by 15% to counter ‘Russian blackmail’

Call for voluntary cut until March 2023 with binding reduction targets possible when Moscow ‘likely’ halts suppliesThe European Union’s executive body has urged member states to slash their gas consumption by 15%, as it warned that a complete shutdown …

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EU urges member states to slash gas use by 15% to counter ‘Russian blackmail’

Call for voluntary cut until March 2023 with binding reduction targets possible when Moscow ‘likely’ halts suppliesThe European Union’s executive body has urged member states to slash their gas consumption by 15%, as it warned that a complete shutdown …

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Shell says windfall tax threatens North Sea oil and gas investment

Firm says Sunak’s levy creates uncertainty and asks for tax relief that covers investment in renewablesShell has said Rishi Sunak’s windfall tax is a threat to investment in North Sea oil and gas as Britain attempts to ramp up domestic energy supplies….

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Shell says windfall tax threatens North Sea oil and gas investment

Firm says Sunak’s levy creates uncertainty and asks for tax relief that covers investment in renewablesShell has said Rishi Sunak’s windfall tax is a threat to investment in North Sea oil and gas as Britain attempts to ramp up domestic energy supplies….

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Sunak’s windfall tax is a ‘sticking plaster’, say climate campaigners

Tax on oil and gas companies described as ‘missed opportunity’ to tackle climate and cost of living crisesThe windfall tax is only a “sticking plaster” to provide temporary relief on energy bills that does nothing to improve the UK’s leaky homes, and e…

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Sunak’s windfall tax is a ‘sticking plaster’, say climate campaigners

Tax on oil and gas companies described as ‘missed opportunity’ to tackle climate and cost of living crisesThe windfall tax is only a “sticking plaster” to provide temporary relief on energy bills that does nothing to improve the UK’s leaky homes, and e…

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EU plans ‘massive’ increase in green energy to help end reliance on Russia

European Commission says extra €210bn needed over next five years to pay for phasing out of Russian fossil fuelsThe EU plans a “massive” increase in solar and wind power, and a short-term boost for coal, to rid itself of its reliance on Russian oil and…

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‘This is about survival’: will Cop27 bring action on Glasgow climate pact?

Amid an energy crisis caused by war in Ukraine, climate experts say November talks must act on plans to limit global heating‘Cash, coal, cars and trees’: what progress has been made since Cop26?When weary delegates tumbled out of the emptying halls of …

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‘This is about survival’: will Cop27 bring action on Glasgow climate pact?

Amid an energy crisis caused by war in Ukraine, climate experts say November talks must act on plans to limit global heating‘Cash, coal, cars and trees’: what progress has been made since Cop26?When weary delegates tumbled out of the emptying halls of …

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Climate chaos certain if oil and gas mega-projects go ahead, warns IEA chief

Fatih Birol says ‘carbon bombs’, revealed in Guardian investigation, will not solve global energy crisisThe world’s leading energy economist has warned against investing in large new oil and gas developments, which would have little impact on the curre…

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