• Upstream
  • Pipelines & Transport
  • Downstream
Oil&Gas Advancement
  • Home
  • News
    OPEC to participate in upcoming UN Climate Change Conference in Dubai and host a special pavilion

    OPEC to participate in upcoming UN Climate Change Conference in Dubai and host a special pavilion

    AD Ports expands shipping operations in Kazakhstan with tanker pair

    AD Ports expands shipping operations in Kazakhstan with tanker pair

    Arabian Pipes Co wins $42.6m supply contract from Saudi Aramco

    Viking CCS project gets green light for onshore CO2 transportation pipeline

    Saipem New Onshore E&C contracts

    Saipem awarded two offshore contracts worth approximately 1.9 billion USD

    Saudi Aramco recognized as a leader in the Fourth Industrial Revolution

    Aramco produces first unconventional tight gas at South Ghawar

    Saudi Aramco recognized as a leader in the Fourth Industrial Revolution

    Aramco produces first unconventional tight gas at South Ghawar

    Petrobras begins production at Atapu pre-salt field off Brazil

    Petrobras Initiates Green Decommissioning for P-32 Platform

    Bahamas Petroleum signs rig contract for exploration well

    Beach Energy Advances Subsea Operations to Bring Two Gas Wells Online

    IEA Critical Minerals and Clean Energy Summit delivers six key actions for secure, sustainable and responsible supply chains

    IEA Critical Minerals and Clean Energy Summit delivers six key actions for secure, sustainable and responsible supply chains

  • Projects
    UN Condemns Energy Giants For Ignoring Science of All Things

    Global oil and gas projects pipeline at US$4 trn

    BP begins gas production at West Nile Delta project

    BP begins gas production at West Nile Delta project

    Bechtel and Cheniere Deliver LNG Ahead of Schedule on US Gulf Coast

    Bechtel and Cheniere Deliver LNG Ahead of Schedule on US Gulf Coast

    ABB wins $79m order for Bab onshore project in Abu Dhabi

    Phillips 66 and Bridger Pipeline LLC Announce Open Season for Rockies and Bakken Crude Oil Pipeline System

    Phillips 66 and Bridger Pipeline LLC Announce Open Season for Rockies and Bakken Crude Oil Pipeline System

    BHP successful in bids for blocks in the offshore Orphan Basin in Eastern Canada

    Operational excellence and safety continue to be a key driver in oil and gas sector

    Gazprom plans to carry forward cost efficient in 2018

    TGS announces new seismic project in the Anadarko basin

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases
    DNV approves F550 TMCP toughcore for LCO2 transport and storage

    DNV approves F550 TMCP toughcore for LCO2 transport and storage

    CNPC puts into operation of its new production lines for surgical masks

    ConocoPhillips puts plans into play to undertake multiple seabed surveys and offshore drilling ops

    bp's Archaea Energy achieves major milestone, brings online first of its kind renewable natural gas plant

    bp’s Archaea Energy achieves major milestone, brings online first of its kind renewable natural gas plant

    Eni and UK outline key terms for CO2 transport and storage at HyNet North West

    Eni and UK outline key terms for CO2 transport and storage at HyNet North West

    Wintershall Dea expands Algerian presence by increasing interest in major natural gas project

    Wintershall Dea expands Algerian presence by increasing interest in major natural gas project

    QatarEnergy signs long-term LNG supply deal with TotalEnergies

    QatarEnergy signs long-term LNG supply deal with TotalEnergies

    Europe's largest green hydrogen plant showcased at Dubai Expo on Spain Day

    Exxon, Amazon awarded slice of $7 billion federal funding for U.S. hydrogen projects

    Angolan exploration and production to drive Africa cumulative capital expenditure

    Kolibri wells in Oklahoma’s Tishomingo field producing over 600 boed

    Ducab Group secured 30 major contracts in oil and gas sector in 2023

    Ducab Group secured 30 major contracts in oil and gas sector in 2023

  • Market Reports
    Ducab Group secured 30 major contracts in oil and gas sector in 2023

    NOG expands Permian presence, enters Ohio Utica shale with $170 million acquisitions

    Saudi Aramco to acquire Shell’s share of the SASREF refining joint venture

    Aramco to enter global LNG business by acquiring stake in MidOcean Energy

    CNOOC Limited Announces Caofeidian 11-1/11-6 Oilfield Comprehensive Adjustment Project Commences Production

    Vital Energy acquires oil production assets in Permian basin for $128 million

    INPEX sells Eagle Ford tight oil production and development assets to Repsol

    Matador Resources acquires Delaware basin assets for $1.6 billion

    Funding For Oil And Gas Industry Is Evolving Dramatically

    Marathon Oil Completes Eagle Ford Acquisition

    Neptune Energy producing natural gas from Merakes project in Indonesia

    Fresh Gas Supply Need Is Created By Australian Energy Crisis

    Chevron Announces $15 Billion Capital and Exploratory Budget for 2022

    Chevron Announces $15 Billion Capital and Exploratory Budget for 2022

  • Events
  • Contact Us
No Result
View All Result
  • Home
  • News
    OPEC to participate in upcoming UN Climate Change Conference in Dubai and host a special pavilion

    OPEC to participate in upcoming UN Climate Change Conference in Dubai and host a special pavilion

    AD Ports expands shipping operations in Kazakhstan with tanker pair

    AD Ports expands shipping operations in Kazakhstan with tanker pair

    Arabian Pipes Co wins $42.6m supply contract from Saudi Aramco

    Viking CCS project gets green light for onshore CO2 transportation pipeline

    Saipem New Onshore E&C contracts

    Saipem awarded two offshore contracts worth approximately 1.9 billion USD

    Saudi Aramco recognized as a leader in the Fourth Industrial Revolution

    Aramco produces first unconventional tight gas at South Ghawar

    Saudi Aramco recognized as a leader in the Fourth Industrial Revolution

    Aramco produces first unconventional tight gas at South Ghawar

    Petrobras begins production at Atapu pre-salt field off Brazil

    Petrobras Initiates Green Decommissioning for P-32 Platform

    Bahamas Petroleum signs rig contract for exploration well

    Beach Energy Advances Subsea Operations to Bring Two Gas Wells Online

    IEA Critical Minerals and Clean Energy Summit delivers six key actions for secure, sustainable and responsible supply chains

    IEA Critical Minerals and Clean Energy Summit delivers six key actions for secure, sustainable and responsible supply chains

  • Projects
    UN Condemns Energy Giants For Ignoring Science of All Things

    Global oil and gas projects pipeline at US$4 trn

    BP begins gas production at West Nile Delta project

    BP begins gas production at West Nile Delta project

    Bechtel and Cheniere Deliver LNG Ahead of Schedule on US Gulf Coast

    Bechtel and Cheniere Deliver LNG Ahead of Schedule on US Gulf Coast

    ABB wins $79m order for Bab onshore project in Abu Dhabi

    Phillips 66 and Bridger Pipeline LLC Announce Open Season for Rockies and Bakken Crude Oil Pipeline System

    Phillips 66 and Bridger Pipeline LLC Announce Open Season for Rockies and Bakken Crude Oil Pipeline System

    BHP successful in bids for blocks in the offshore Orphan Basin in Eastern Canada

    Operational excellence and safety continue to be a key driver in oil and gas sector

    Gazprom plans to carry forward cost efficient in 2018

    TGS announces new seismic project in the Anadarko basin

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases
    DNV approves F550 TMCP toughcore for LCO2 transport and storage

    DNV approves F550 TMCP toughcore for LCO2 transport and storage

    CNPC puts into operation of its new production lines for surgical masks

    ConocoPhillips puts plans into play to undertake multiple seabed surveys and offshore drilling ops

    bp's Archaea Energy achieves major milestone, brings online first of its kind renewable natural gas plant

    bp’s Archaea Energy achieves major milestone, brings online first of its kind renewable natural gas plant

    Eni and UK outline key terms for CO2 transport and storage at HyNet North West

    Eni and UK outline key terms for CO2 transport and storage at HyNet North West

    Wintershall Dea expands Algerian presence by increasing interest in major natural gas project

    Wintershall Dea expands Algerian presence by increasing interest in major natural gas project

    QatarEnergy signs long-term LNG supply deal with TotalEnergies

    QatarEnergy signs long-term LNG supply deal with TotalEnergies

    Europe's largest green hydrogen plant showcased at Dubai Expo on Spain Day

    Exxon, Amazon awarded slice of $7 billion federal funding for U.S. hydrogen projects

    Angolan exploration and production to drive Africa cumulative capital expenditure

    Kolibri wells in Oklahoma’s Tishomingo field producing over 600 boed

    Ducab Group secured 30 major contracts in oil and gas sector in 2023

    Ducab Group secured 30 major contracts in oil and gas sector in 2023

  • Market Reports
    Ducab Group secured 30 major contracts in oil and gas sector in 2023

    NOG expands Permian presence, enters Ohio Utica shale with $170 million acquisitions

    Saudi Aramco to acquire Shell’s share of the SASREF refining joint venture

    Aramco to enter global LNG business by acquiring stake in MidOcean Energy

    CNOOC Limited Announces Caofeidian 11-1/11-6 Oilfield Comprehensive Adjustment Project Commences Production

    Vital Energy acquires oil production assets in Permian basin for $128 million

    INPEX sells Eagle Ford tight oil production and development assets to Repsol

    Matador Resources acquires Delaware basin assets for $1.6 billion

    Funding For Oil And Gas Industry Is Evolving Dramatically

    Marathon Oil Completes Eagle Ford Acquisition

    Neptune Energy producing natural gas from Merakes project in Indonesia

    Fresh Gas Supply Need Is Created By Australian Energy Crisis

    Chevron Announces $15 Billion Capital and Exploratory Budget for 2022

    Chevron Announces $15 Billion Capital and Exploratory Budget for 2022

  • Events
  • Contact Us
No Result
View All Result
Oil&Gas Advancement
No Result
View All Result
Home Featured

EU Rules For Green Gas And Nuclear Investment Coming Up

venkat by venkat
July 5, 2022
in Featured, Gases, News
0
EU Rules For Green Gas And Nuclear Investment Coming Up

On July 6th, European lawmakers will decide whether to accept or reject ideas that have divided governments and investors about the EU’s aim to identify expenditures on gas and nuclear power plants as climate-friendly. The vote is the last barrier before the European Union decides whether to include the 2 energy sources in its taxonomy, a set of guidelines that determines whether investments can be promoted as sustainable in Europe.

The regulations are intended to prevent greenwashing among the countless so-called eco-friendly items on the market and to direct private finance toward truly eco-friendly projects. They also aim to establish a European standard for sustainability practices.

However, the argument over whether investments may be promoted as green has expanded into a larger political dispute over the types of energies Europe should invest in to combat global warming and replace Russian gas. EU parliamentarians will discuss the gas and nuclear regulations, and on July 6th, they will vote in what authorities anticipate to be a close election. To defeat a proposal, a majority of the 705 members of the European Parliament must oppose it.

Bas Eickhout, a green politician, claimed that the EU proposal would give artificial incentives for investment in gas and nuclear energy, both of which are fossil fuels, at the cost of the sustainable energy needed to quickly reduce carbon emissions. Christian Ehler, a politician for the European People’s Party, said that although the taxonomy’s effect on future investment was not yet obvious, its strict CO2 emission caps and other requirements would guarantee that investments in gas plants comply with climate goals.

Rejection would be a setback for the European Commission, which spent more than a year revising the regulations in the face of fervent government and gas and nuclear industry lobbying. As per Brussels, to receive a green designation, gas and nuclear power facilities must adhere to exacting criteria.

Gas plants would need to adhere to much stricter emission restrictions than those in the Commission proposal, according to critics and the Commission’s advisors, in order to match the significant reductions required to avert severe climate change. In an early 2020 plan, the Commission had proposed a lower emissions cap, but changed its mind in response to criticism from several of the bloc’s 27 member states.

Frans Timmermans, the head of the EU’s climate policy, stated that if he had been left to his own devices, he would have chosen differently about the taxonomy but that the regulations represented the political reality within the union.

Previous Post

From 27% In 2021, S.Korea To Push Nuclear Mix To 30% By 2030

Next Post

55 MoUs And Deals Boost Aramco Namaat Industrial Programme

Related Posts

OPEC to participate in upcoming UN Climate Change Conference in Dubai and host a special pavilion
News

OPEC to participate in upcoming UN Climate Change Conference in Dubai and host a special pavilion

December 1, 2023
DNV approves F550 TMCP toughcore for LCO2 transport and storage
Downstream

DNV approves F550 TMCP toughcore for LCO2 transport and storage

December 1, 2023
AD Ports expands shipping operations in Kazakhstan with tanker pair
News

AD Ports expands shipping operations in Kazakhstan with tanker pair

December 1, 2023
Arabian Pipes Co wins $42.6m supply contract from Saudi Aramco
News

Viking CCS project gets green light for onshore CO2 transportation pipeline

December 1, 2023
Saipem New Onshore E&C contracts
News

Saipem awarded two offshore contracts worth approximately 1.9 billion USD

December 1, 2023
Saudi Aramco recognized as a leader in the Fourth Industrial Revolution
Downstream

Aramco produces first unconventional tight gas at South Ghawar

December 1, 2023
Next Post
55 MoUs And Deals Boost Aramco Namaat Industrial Programme

55 MoUs And Deals Boost Aramco Namaat Industrial Programme

Latest Post

Saudi Aramco recognized as a leader in the Fourth Industrial Revolution
Downstream

Aramco produces first unconventional tight gas at South Ghawar

December 1, 2023
Petrobras begins production at Atapu pre-salt field off Brazil
Downstream

Petrobras Initiates Green Decommissioning for P-32 Platform

December 1, 2023
Bahamas Petroleum signs rig contract for exploration well
Downstream

Beach Energy Advances Subsea Operations to Bring Two Gas Wells Online

December 1, 2023
IEA Critical Minerals and Clean Energy Summit delivers six key actions for secure, sustainable and responsible supply chains
News

IEA Critical Minerals and Clean Energy Summit delivers six key actions for secure, sustainable and responsible supply chains

October 17, 2023
Proman, Mitsubishi sign MoU to develop world-scale ultra low-carbon ammonia plant in Lake Charles, USA
Downstream

Proman, Mitsubishi sign MoU to develop world-scale ultra low-carbon ammonia plant in Lake Charles, USA

October 17, 2023
Bumi Armada unveils new FLNG concept in response to rising gas demand
Downstream

Bumi Armada unveils new FLNG concept in response to rising gas demand

October 17, 2023
Oil&Gas Advancement

About Us

Oil and Gas Advancement is an information centric knowledge sharing platform focused on the latest news in the B2B oil and gas sector bringing to our audiences B2B updates on upstream, downstream, pipeline and transport categories providing information on the latest projects and developments.

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack

System

  • Search
  • Site Map
  • RSS Feed
  • Upstream
  • Pipelines & Transport
  • Downstream

© 2018 Copyright Valuemediaservices 2018 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Whitepapers
  • Press Releases
  • Market Reports
  • Events
  • Contact Us

© 2018 Copyright Valuemediaservices 2018 All rights reserved.