Subscribe free to our newsletters via your
  Oil and Gas News from OilGasDaily.Com  




Subscribe free to our newsletters via your




















OIL AND GAS
Some EU members have work to do on low-carbon economy
by Daniel J. Graeber
Washington (UPI) Jun 15, 2017


Hungary, a member of the European Union, is taking strides to cut emissions, but still has a long ways to go, the head of the International Energy Agency said.

IEA Executive Director Fatih Birol met in Budapest with Hungarian Prime Minister Viktor Orban to review a national report on the country's energy sector. The report found Hungarian emissions are "well below" levels from 2008 even as the economic picks up steam.

"Hungary has made progress in diversifying its energy supplies and increasing competition in the energy sector, but there is still more to do on both fronts," Birol said in a statement.

The national report found Hungarian growth in renewable energy has stalled out in recent years and the country could make better use of market-based mechanisms as an incentive.

Members of the European Union are called on to cut energy consumption and greenhouse gas emissions by 20 percent and use renewables for 20 percent of total energy mix by 2020. Hungary lags behind some of its peer economies, some of which have already met their 2020 goals, with a renewable mix of less than 10 percent.

The IEA report found biofuels dominating the energy landscape in Hungary at 92 percent of the total for renewable energy. The investment climate, meanwhile, has been complicated by a series of sector-related taxes that has created a climate of uncertainty.

A so-called Red Notice was canceled in November for Zsolt Hernadi, the chairman of Hungarian energy company MOL. Croatian authorities brought the case on charges that Hernadi had bribed former Prime Minister Ivo Sanadar in 2009 to get a stronger role in the nation's energy sector.

OIL AND GAS
Libya sees oil production gains ahead
Washington (UPI) Jun 14, 2017
An agreement with German energy company Wintershall means Libya has a better chance of meeting oil production goals, a national oil company said. The Libyan National Oil Co. said it signed an agreement with Wintershall that outlines a resumption of oil production from some of its license areas on an interim basis. NOC Chairman Mustafa Sanalla said the agreement gives Wintershall enough ... read more

Related Links
All About Oil and Gas News at OilGasDaily.com

Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only

Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
Turning car plastics into foams with coconut oil

Scientists use new technique to recycle plant material into stock chemicals

Splitting carbon dioxide using low-cost catalyst materials

Newly identified gene helps time spring flowering in vital grass crops

OIL AND GAS
Urban Solar lands UL approval for entire product line

Solar paint offers endless energy from water vapor

New technology will enable properties to share solar energy

Solar material for producing clean hydrogen fuel

OIL AND GAS
It's a breeze: How to harness the power of the wind

ADB: Asia-Pacific growth tied to renewables

GE Energy Financial Services Surpasses $15 Billion in Renewable Energy Investments

U.S. states taking up wind energy mantle

OIL AND GAS
Japan court clears way for nuclear reactor restarts

AREVA-EWN consortium to dismantle the Reactor Pressure Vessel at Brunsbuttel

UNIST improves remote detection of hazardous radioactive substances

German court nukes tax on power firms

OIL AND GAS
US isolated as allies vow accelerated action on climate change

Climate change rift raises temperature for G7 meet

China rolls out green carpet for California on climate

Earliest human impact on geological processes took place 11,500 years ago

OIL AND GAS
Embattled Uber CEO Kalanick to take leave of absence

Scientists inch closer to wirelessly charging moving electric vehicles

Mumbai's adored Padmini taxis near the end of the road

Uber loses key executive as inquiry report looms

OIL AND GAS
Tired, traumatised Mosul mothers unable to breastfeed

Down to the river for youths from Iraq's embattled Mosul

Iraq on cusp of Mosul victory three years after major defeat

Iraq paramilitaries make fresh progress west of Mosul

OIL AND GAS
UN condemns N. Korean missile launches, but no council meeting

N. Korea coal export sinks to zero after China import ban: UN data

N Korea fires volley of cruise missiles, fifth test in a month

Japan holds evacuation drills as N.Korea missile fears grow




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News






The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement