The French parliament has approved a ban on oil and gas production beyond 2040 and also an immediate halt to the granting of new fracking or extraction licences on all mainland and overseas French territories, which currently produce a relatively small equivalent of 815,000 tonnes of oil per year.
The French agriculture ministry estimates that the country's total wine production this year will fall to about 36.9 million hectolitres, or 4.9 billion bottles, down by almost 20 percent on last year due essentially to spring frosts and summer storms, with the Bordeaux region worst-affected.
French ecology minister Nicolas Hulot has presented a draft bill of law to end France's relatively small fossil fuel production by 2040, as part of President Emmanuel Macron’s broader plan to take the lead against climate change, after US counterpart Donald Trump ditched the landmark Paris COP 21 agreement to fight global warming.
French car group will build partner company Nissan's next-generation Micra car at its Flins plant in an effort to utilise excess capacity.
German press report says GM, which has a 7% stake in French carmaker PSA Peugeot Citroên, wants it to shift some French production to Germany.