Joint letter – Time to strengthen EU-UK cooperation by linking the EU and UK ETS
In the run up to the EU-UK Summit on May 19th, Bellona and a broad coalition of EU and UK stakeholders are calling on the European Commission and the...
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ConocoPhillips invested total $6 billion in Russia
Publish date: March 15, 2006
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ConocoPhillips invested total $6 billion in Russia
According to ConocoPhillips chief executive James Mulva, this US energy giant invested about $6 billion in Russia.
James Mulva told an international conference on energy security in Moscow that his company’s cooperation with Russia’s no. 1 crude producer LUKoil, in which it owns a 16% stake, aimed to achieve strategic goals and would continue. Mulva said oil prices would be more unstable without Russia’s contribution to the world oil market, RIA Novosti reported. He added that Russia is a reliable energy resource supplier.
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6th meeting of the Carbon Removal Expert Group summary and feedback
The Carbon Removal Certification Framework (CRCF) has been formally approved by the Council on the 19th of November 2024 and entered into force on the 9th of December 2024, providing an official mandate for the Commission to develop methodologies on carbon farming and carbon removals. However, the technical documents and specifications are still being drafted and revised for input from the Carbon Removals Expert Group (CREG), of which Bellona is a member.
Press Release – 2040 Target: EU must stick to stated commitment to 90% target to retain industrial competitiveness
Recent reports suggest Commission is backsliding on 2040 target commitment. Flexibilities reportedly being discussed include a weaker traje...
Norway opens new Arctic oil fields – named after sea ice phenomenon that the very same oil will contribute to melting
Monday this week, Norwegian state-owned petroleum company Equinor (with partners Vår Energi and Petoro) started production at a new Arctic site, with...
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