European ministers meet to discuss ratifying world’s first climate treaty
European ministers are meeting to push ahead with ratifying the world’s first comprehensive climate treaty - a move which will see the deal come into force.
European
Halliburton-Baker Hughes faces third EU delay over missing info
Halliburton Co.’s bid to buy oil-services rival Baker Hughes Inc. was stalled for a third time by European Union regulators who said the companies have once again failed to supply key information about their proposed deal.
Iran makes oil market statement with first pricing for Europeans
Iran just revealed its oil prices to European buyers for the first time since sanctions were lifted against the Middle East country. The most competitive pricing compared with Saudi Arabian supply in 21 months underscores its intention to win back market share.
Tighter pollution rules demanded in EU after VW diesel scandal
The pressure is mounting on the European Union to tighten rules on pollution from cars after Volkswagen AG admitted it built a system to undermine tests in the US. Members of the European Parliament’s environment committee urged the European Commission to propose more stringent checks amid the widening scandal over emissions controls on VW’s diesel engines. VW has cheated on US air pollution tests for years, the Environmental Protection Agency said Friday. “We must assume that there are many tricks going on in Europe without us realizing because the Americans check more than we do,” said Peter Liese, a German member of the parliamentary committee, said in parliament in Brussels on Wednesday. “We need more realistic, stringent procedures not only for NOx but also for carbon dioxide and fuel consumption. We all know that our cars use more fuel than in the test cycle and people are losing patience.”