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Energy is at the heart of every home and business in Europe. We rely on secure and affordable oil and gas as the basis for everyday products and services which support our lives. As the hidden engine behind our economy, the oil and gas industry is crucial to European competitiveness, jobs and growth. That’s why we’re focused on overcoming our industry’s dual challenge: to meet the world’s growing demand for energy while reducing environmental impacts and the risks of climate.
The role of oil and gas in Europe
A more efficient energy system
Oil and gas will remain important sources as the energy landscape evolves. Oil and gas will also be an enabler for Europe’s energy transition. The European upstream oil and gas industry is continuing efforts to improve efficiency and lower emissions.
Key benefits of natural gas
Secure, reliable, competitive and sustainable, natural gas is the sensible choice to reach Europe's energy goals today.