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    Euractiv: EU energy chief warms to offshore oil and shale gas

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Summary

Europe is at a competitive disadvantage because of a reluctance to take risks on offshore oil drilling and tar sands, and a failure to fully explore its shale gas options, EU Energy Commissioner Günther Oettinger says.

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Euractiv: EU energy chief warms to offshore oil and shale gas

Europe is at a competitive disadvantage because of a reluctance to take risks on offshore oil drilling and tar sands, and a failure to fully explore its shale gas options, EU Energy Commissioner Günther Oettinger says.

Speaking at an energy conference in Brussels on 17 July, Oettinger expanded on his recent call for Europe to add a fourth target - a 20% industrial contribution to GDP - to the EU’s three 2020 climate-related goals.   MORE