INTIEASpain · Climate change and energy transition law - oil and gas exploration banPolicyIn force

Climate change and energy transition law - oil and gas exploration ban

In its 2021 Climate Law, Spain intends to put an end to obtaining new exploration authorisations, hydrocarbon research permits or exploitation concessions from the entry into force of the law, limiting their extensions beyond

Last changed 1 year ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

  1. Effective
  2. Last change

Country / jurisdiction: Spain · Year: 2021 · Status: In force · Level: National · Type: Voluntary

In its 2021 Climate Law, Spain intends to put an end to obtaining new exploration authorisations, hydrocarbon research permits or exploitation concessions from the entry into force of the law, limiting their extensions beyond 2042.

Official source: https://www.boe.es/diario_boe/txt.php?id=BOE-A-2021-8447

Source

https://www.iea.org/policies/19172

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

Related in International

INTEnergy Newsoilprice:oilprice-article-45870NewsIn force

Record Tanker Rates Cripple U.S. Crude Oil Flows to Asia

The Iran war has made oil tanker voyages so inefficient that vessel availability has crumbled and freight costs have soared to record-highs, all but erasing the incentive for shipping crude oil from the U.S. Gulf Coast to Asia. The cost of shipping crude oil from the U.S. Gulf Coast to China soared to as high as $80 million earlier this month. That’s ten times the average tanker rates that had held for years before the Iran war. Freight rates have eased from the record highs seen in early October, but they were still about $60 million for…

7 hours ago
INTEnergy Newsoilprice:oilprice-article-45874NewsIn force

Fuel Oil Becomes Asia’s Next Cost Shock

Singapore’s shipping-fuel market is adding another layer of cost to Asian trade. Disrupted supplies from the Middle East and Russia, resilient bunker demand and prohibitive freight rates have pushed high-sulphur fuel oil above the price of the crude used to produce it. Seasonal relief from Gulf producers and additional Chinese export allowances could ease the squeeze towards year-end, particularly for very-low-sulphur fuel oil. But with replacement cargoes expensive to transport and Russian supplies vulnerable to further disruption, a return…

9 hours ago
INTEnergy Newsoilprice:oilprice-article-45861NewsIn force

Syria's Energy Comeback Could Reshape Middle East Oil and Gas

Syria is undergoing countrywide reconstruction after more than a decade of conflict, which caused extensive infrastructure damage and led to millions of people being displaced. As Syrians rebuild their lives, the government has big plans for economic diversification and growth to support long-term recovery. Thanks to its favourable geographic position, this includes the development of a strong energy sector that could help eventually establish Syria as a regional hub. Syria is now led by President Ahmed al-Sharaa, who formed a transitional government…

11 hours ago
INTEnergy Newsoilprice:oilprice-article-45867NewsIn force

Can Undersea Volcanoes Power Cities? A Seattle Startup Just Took the First Step

A geothermal startup aiming to source energy directly from undersea volcanoes just hit a major milestone that could bring round-the-clock clean energy to cities on the northwest coast of the United States and serve as a critical proof of concept for other regions, with particular relevance for the other 14 countries situated along the Pacific Ring of Fire. Seattle-based energy startup Endurance Energy just announced that it successfully created net-positive energy from its underwater geothermal plant in a world first. The company successfully…

13 hours ago
INTEnergy Newsoilprice:oilprice-article-45860NewsIn force

Trump Targets $6.2 Billion Offshore Wind Project Nearing Completion

United States President Donald Trump has repeatedly targeted offshore wind since coming into office last year, as he strives to expand the country’s fossil fuel sector and shift the focus away from renewable energy. Trump has sought to halt the development of several offshore wind projects and has even resorted to paying companies to relinquish their leases on areas off the U.S. coast to instead invest in oil and gas projects. Now, Trump is looking to rescind approval for Connecticut’s first offshore wind project, Revolution Wind, as…

15 hours ago