EUROPEAN COMMISSION ADVISES OIL AND GAS SECTORS ON TAPPING SEVENTH FRAMEWORK PROGRAMME GRANTS
February 1st, 2007
BY KEITH NUTHALLIN today's highly competitive energy sector, oil and gas companies and their suppliers are always looking for an edge over rivals, especially in technology. So it can only be good news that the European Union (EU) will from this year until 2013 be spending Euro 2.3 billion on energy studies through its 'seventh framework programme', its largest ever research spending scheme, commanding budgets worth Euro 53.2 billion in total. Another Euro 1.8 billion will be spent on environmental research, including new technology that reduces greenhouse gas ...
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