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Europe

UK offshore exploration facing crisis, industry body warns

UK Continental Shelf exploration is in a "parlous state," according to experts, and the downward trend has persisted since 2011, when the number of wells drilled slumped by 50%.
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Mad Cow Disease case reported in Germany

Bovine spongiform encephalopathy (BSE), as the disease is officially named, was identified in a slaughtered cow that did not exhibit any clinical signs of the disease.
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Total to invest $21 million in UK shale gas exploration

French oil and gas company Total will obtain a 40% interest in two shale gas exploration licenses in Lincolnshire, under an agreement with British energy firm IGas Energy.
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German petrochemical industry slow to recover from 2012 decline

The latest Germany Petrochemicals Report revealed that the market has been driven by small and medium-sized petrochemical companies that manufacture high-value niche products with relatively stable demand.
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US, European watchdogs join forces to regulate generic drugs

The European Medicines Agency and the U.S. Food and Drug Administration have started a joint program for sharing information on bioequivalence studies required during the process of approval for generic drugs.
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EU plastic packaging recycling rates exceed target

Recycling rates of plastic packaging among the European Union member states are on the rise, with all countries except for Malta exceeding the target of 22.5 percent in 2012.
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EU food safety regulator finds aspartame safe for public health

Critics claim that aspartame is linked to a number of health complications, including cancer, and have been calling for authorities to ban the use of the substance.
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Ineos to import US ethane for Grangemouth facility

The Grangemouth chemical plant in Scotland may go from huge losses to instant profitability thanks to the saving plan drawn up by Swiss-based international operator Ineos Group Ltd.
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UK oil industry reports highest amount of oil spilled in decade

Last year 246 oil spills were reported in the UK, with the total amount of oil released in these spills reaching 86 tons.
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European plastics recyclers want legislative support

One of the top priorities for the European plastics recycling industry will be to create a market for recycled plastics, facilitating the diversion of recyclable plastics from landfills and further increasing recycling rates in Europe.
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