More European oil refineries to close, convert in next 10 years, panel says
27 Mar 2025
European oil refineries will have to adapt to the energy transition or face a heightened risk of closure by 2035, a panel of executives said at the Financial Times Commodities Global Summit in Lausanne on Monday.
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Climate change exacerbating drought across Europe, scientists say
Mon 27 Jul 2026
Climate change is exacerbating drought this year in Europe as extreme heat evaporates water supplies, scientists said in an analysis published on Thursday, after low water levels disrupted shipping, farming and industries in countries including Romania and Greece.
Factcheck: No, Europe’s heatwaves are not being ‘caused’ by declining air pollution
Mon 27 Jul 2026
Amid widespread media coverage of the number of deaths and the influence of climate change, the UK’s Daily Telegraph reported on new research with the incorrect headline: “Heatwaves caused by fall in pollution.”
Norway’s national oil company’s profits double to $11.5bn amid war on Iran
Fri 24 Jul 2026
Profits at Norway’s state oil company nearly doubled to $11.5bn (£8.6bn) in the three months to the end of June as the jump in oil and gas prices caused by the war against Iran boosted earnings.
Climate change keeps adding to the list of uninsurable assets, Allianz executive says
Fri 24 Jul 2026
Extreme weather events — such as the heat wave that just hit Europe — are making more and more assets too risky to insure, according to a director at Europe’s largest primary insurer.
Can Ireland deliver as 'honest broker': Here's what's at stake for climate and nature in EU council presidency
Fri 24 Jul 2026
Environmental campaigners are urging Ireland to protect the public interest and resist industry pressure as the country takes up the presidency of the EU Council.
Europe's erratic weather persists
Thu 23 Jul 2026
Firefighters struggled on Tuesday to contain Spain's largest wildfire of the year, while two firefighters were killed battling a fire in southwestern France, as an extreme heatwave continued to fuel dangerous conditions across Europe, bringing drought and forecasts of severe hailstorms.
Europe’s May and June heatwave deaths – and how they were counted
21 Jul 2026
Recent weeks have seen a flurry of reports from public health authorities and scientists that estimate the deaths caused by Europe’s record-breaking summer heatwaves.
EU bets fossil fuel lobby is crying wolf over supply shock warnings
21 Jul 2026
The European Commission is betting that profit-hungry gas and oil companies will continue exporting into Europe next year, despite industry claims that the new climate rules will force them to seek other markets.
EU sets out first-ever electrification target: 46% by 2040
20 Jul 2026
The EU executive has set out plans for an economy-wide target to drastically shift Europe’s energy consumption away from fossil fuels and towards electricity, kickstarting a major overhaul of the bloc’s climate and energy policy through to 2040.
EU softens carbon market to ease pressure on industry
20 Jul 2026
The European Commission proposed an overhaul of the EU's Emissions Trading System on Friday, allowing industries to emit CO2 longer while offering more financial support to invest in clean technologies in Europe.
