Translation of "upstream oil industry " (English → French) :

51. Acknowledges that fossil fuels currently supply most of the EU’s energy needs; notes, however, that the EU’s future oil demand will be affected by several factors, such as EU energy and climate policies, supply costs, price volatility and industrial progress (in relation to energy efficiency and electromobility, for example), which combine to create long-term uncertainties about future demand and upstream and downstream invest ...[+++]ment with regard to production capacity;

5. Acknowledges that fossil fuels currently supply most of the EU’s energy needs; notes, however, that the EU’s future oil demand will be affected by several factors, such as EU energy and climate policies, supply costs, price volatility and industrial progress (in relation to energy efficiency and electromobility, for example), which combine to create long-term uncertainties about future demand and upstream and downstream investm ...[+++]ent with regard to production capacity;

There was not a voluntary agreement for the large final emitters, that is, the three major industrial groups that produce 50% of the greenhouse emissions in this country: heavy industrial users, upstream oil and gas, and electrical users.

Dr. Abdul Muin, Upstream Oil Industry Analyst, Energy Studies Department, Research Division;

The efforts to manage consumption should focus on: - avoiding the use of oil in power stations, where possible, in keeping with Community legislation; - stepping up measures to encourage energy saving by proposing action in non-energy sectors which have a direct impact on energy consumption (eg.transport). The internal and external oil strategy should comprise: - improving the crisis management mechanisms (which would include Community accession to the IEA) and debating how to ensure greater oil market stability; ------------- * COM (92)152 - 2 - - strengthening the political framework for cooperation by pursuing and implementing the European Energy Charter, encouraging and promoting the so called producer-consumer dialogue and by reinfor ...[+++]cing the ties with the GCC; - welcoming the increasingly constructive and complementary approach adopted by the oil industry of consumer countries (upstream in producer countries) and of producer countries (downstream in consumer countries) through cross-investment; - encouraging the liberalisation of the international oil trade.