Energy in France

Energy and its consumption in France

Hydrocarbons Act 2017

The climate plan is a political roadmap enacted by the government and the Ministry of Ecological and Solidarity Transition, published on July 6, 2017 on the Ministry’s website. This climate plan mentions the government’s commitment to “leave hydrocarbons in the ground”. The law adopted on December 30, 2017 sets the conditions for the exercise of our activity :

• No new hydrocarbon exploration permits will be granted, which ends the search for new deposits;
• Existing operating concessions will not be renewed beyond 2040, except specific exceptions for operations conversion to a related substance (for example sulfur or geothermal);  
• The ban on oil and shale gas research and exploitation is reinforced by supplementing the provisions of the July 13, 2011 law prohibiting the practice of hydraulic fracturing. 

Source : Legifrance

(Unless otherwise noted, references on this website to "Vermilion", or "the Company", or "we", or "our" collectively refer herein to any or all of the people and operations associated with Vermilion Energy Inc. and/or its subsidiaries including its French subsidiary Vermilion Energy France REP SAS whose operations and activities are the focus of this website)