# Europe Is Now Seriously Rethinking Its Oil Refinery Phase Down

- Source: OilPrice.com
- Published: 2026-10-30T23:00:00+00:00
- Category: Markets
- Original: https://oilprice.com/Energy/Crude-Oil/Europe-Is-Now-Seriously-Rethinking-Its-Oil-Refinery-Phase-Down.html
- Canonical: https://groundlevelnews.com/story/europe-is-now-seriously-rethinking-its-oil-refinery-phase-down-738895/

Over the past couple of decades, Europe has pursued some of the world’s most ambitious clean energy policies, aiming to become the first climate-neutral continent by 2050. Hardly surprisingly, Europe is now further along the clean energy transition compared to its western peers, with renewables accounting for roughly half of the continent’s power mix compared to about 26% by the U.S. However, Euro

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