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BASF and Gazprom agree on asset swap; BASF’s Wintershall expanding production of oil and gas, exiting gas trading and storage business

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Through the swap, BASF aims to further expand its production of oil and gas via its wholly owned subsidiary Wintershall —Germany’s largest internationally active crude oil and natural gas producer—and to exit the gas trading and storage business. This is equivalent to a total of 2.4 billion barrel of oil equivalent.

Gas 218
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EEA finds only mixed progress for Europe’s transport sector in meeting environment, climate goals; GHG emissions up 25% since 1990

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Evolution of greenhouse gas (GHG) emissions in the EU-28 from 1990 to 2016. Three Member States (Austria, Finland and Sweden) have already reached the 10 % goal. Between 2000 and 2015 the transport sector significantly reduced emissions of certain air pollutants: sulfur oxides (SO x ), nitrogen oxides (nox) and particulate matter (PM).

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Study projects thermoelectric power in Europe and US vulnerable to climate change due to lower summer river flows and higher river water temperatures

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Projected changes in summer mean usable capacity of power plants in the US and Europe for the SRES A2 emissions scenario for the 2040s (2031–2060) relative to the control period (1971–2000). A switch to new gas-fired power plants with higher efficiencies (?58%) Source: van Vliet et al. Click to enlarge.

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EEA Report: Trends in European Transport Are Heading in the Wrong Direction

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Indexed European transport sector greenhouse gas emissions, 1990-2006. Transport continues to contribute disproportionally to Europe’s greenhouse gas (GHG) emissions, poor air quality and noise, and still uses the least efficient modes to move people and goods according to a new report from the European Environmental Agency (EEA).

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Emissions of Air Pollutants down in EU-27

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Emissions of fine particulate matter (PM 2.5 ), a seriously health-damaging pollutant, have decreased by 2% compared to the previous year and by about 12% since the year 2000. Energy use by households (the burning of wood, gas, coal etc) is the most important source of PM 2.5

Pollution 236