Climate change and energy transition, shifting from a linear to a circular economy, rising inequality, balancing economic needs with those of society – these are the unprecedented global challenges we all face. Investors, banks, regulators, as well as consumers and employees, are scrutinising businesses like never before and demanding that we address these challenges.
Industry has to respond to Migration Advisory Committee (MAC) call for representations for additions to shortage occupation list
Record-breaking commodity prices resulting in sky-high gas and electricity prices have prompted calls for fundamental market reform. The European Union (EU) announced in September 2022 that it is looking to impose historic interventions in the energy market to rein in soaring commodity prices, including considering a levy on excess profits and potential gas price caps.
Earlier this month, energy leaders from across the world descended on Stavanger, Norway, for the annual Offshore Northern Seas (ONS) conference.
With gas prices now more than five times the cost of a barrel of North Sea benchmark Brent Blend, the outlook for energy across Europe including the UK, is shocking.
I spent nearly ten very happy and rewarding years working offshore with a great bunch of people operating deep water manned submersibles and ROVs mainly in the N Sea.
If the industry’s focus in 2021 (especially leading up to the COP26 summit) was on climate change action, the story of 2022 has been how to balance energy transition with the need to ensure security and affordability of energy supplies.
Financing next-generation solutions will drive significant carbon reductions for the decades ahead, writes sustainable energy investor EV Private Equity Senior Partner and Impact Lead, Einar Gamman, and Lars Sund, Associate.
How long will it be before someone writes a book about all the “C”s currently crowding our collective consciousnesses?
Increasing political and social pressures regarding energy transition and security has once again thrust the North Sea into a period of significant transformation.
If you were to be asked what you believe in, what you value, would the answers come easily? Or would you have to take some time to consider, perhaps finding it challenging to find the answers?
The Institute for Energy Economics and Financial Analysis (IEEFA) recently published a report examining carbon capture and storage (CCS), which claimed many sequestration projects have failed or underperformed. Environmentalists described it as "damning", but Professor Stuart Haszeldine, director of Scottish Carbon Capture & Storage (SCCS), believes it is too simplistic.
It’s a couple of months since I suggested the energy crisis would be as big as Covid and thereby demand the same scale of response. It wasn’t a very fashionable thought but perceptions have moved rapidly – everywhere, except where it matters most, in government.
Our climate and energy future increasingly hinges on the ability of emerging economies to successfully transition to cleaner energy production.
“The past is where you learned the lesson. The future is where you apply the lesson. Don’t give up in the middle!” Dale Carnegie, American writer and lecturer.
Floating offshore wind (FOW) is the new great hope, the next big breakthrough, in renewable energy. It is a huge worldwide growth area with transformative potential for our people, our communities, and our national wealth and wellbeing.
Emerging markets will not be immune to the disruption caused by Russia’s invasion of Ukraine, but Africa brings positive signs of resilience.
Surging oil and gas prices and European supply uncertainty resulting from Russia’s ongoing attacks on Ukraine are the latest examples of the challenges and risks of global fossil fuel dependency.
With conflict in Ukraine and sanctions on Russia continuing to exacerbate supply issues, rising energy prices are fuelling new opportunities for private equity in the European oil and gas industry.
You know what they say? Be careful what you wish for.
Unlike water or gas, in the UK geothermal energy is not recognised by law as a natural resource. Bespoke regulatory systems, licensing and management are urgently needed along with government support to develop the UK’s geothermal sector, writes Dr Corinna Abesser of the British Geological Survey.
It’s an exciting time for the UK energy industry. Investment in major infrastructure projects is spiralling as companies across the sector diversify in support of the country’s net zero ambitions.
Bruno Roche, Global Head of Energy Transition, ABB Process Automation, Energy Industries, outlines how collaboration can make a world of difference in accelerating innovation in low carbon hydrogen production, making it an affordable, accessible and clean energy source.
Keeping employees safe from harm at work is at the top of the agenda these days - after all, it is a statutory duty of care. But how can businesses look after the mental health and wellbeing of their employees as much as their physical health?
In 2014, when involved in developing Aberdeen Renewable Energy Group’s roughly 100MW Aberdeen Bay Windfarm plan, I and other members of the team were offered a briefing on a new way of bidding projects designed to drive down prices.