The world met in Paris and it brokered a deal that will change our lives. Over the years to come, it will change how we heat our homes, cook our tea, fuel our cars, power our industries, transport our goods, rear our livestock, fell our forests, even light our Christmas trees.
The recent agreement at the Paris conference on climate change, COP21, is according to Barack Obama “the best chance we have to save the one planet we have”.
Oil fell below $35 a barrel in New York for the first time since 2009 as Iran reiterated its pledge to boost crude exports, bolstering speculation OPEC members will exacerbate the global oversupply.
Following the recent attacks in Paris and heightened security concern, the French people have come together to condemn terrorism and mourn their fallen victims to ISIS. As attention shifts back to Iraq and Syria, people are asking me whether events in Paris have changed things in Iraq.
Each week, Energy Voice pulls together the Friday Five.
Perhaps the only thing more egregious than the prosecution of former BP engineer Kurt Mix was the way that prosecution ended: with a whimper so barely audible you may have missed it.
Friday’s OPEC meeting in Vienna confirmed what the global oil and gas industry was already resigned to – no curb to production, the supply overhang extending and more pain for the upstream industry as a whole.
On Friday, OPEC concluded its 168th Meeting of the Oil Production and Exporting Countries Conference, with members agreeing to effectively abandon the 30 million barrel per day (mmbbl/d) production limit which has been in place since 2011. Brent crude, the international standard benchmark, fell some 3.23% on Monday to the lowest front month futures price since late 2008.
Air travellers are used to captain’s warnings of the potential for turbulence – most are accustomed to considerable ups and downs, with crew and passengers remaining calm and arriving at their destination without the onset of panic. There are however times when one or two can’t take the rocky ride in their stride and scream, unsettling everyone. COP21, the Paris Climate Conference, is the result of considerable scientific research and debate, and a great deal of political posturing - some people are taking absolute positions, some people inducing panic and others even declaring the end is nigh.
The UK’s £1billion CCS competition was suddenly chopped by the Government late last month without explanation.
We are all well aware of the difficulties that the oil and gas sector is currently facing and the impact that has had on confidence, investment and jobs. Although we live in a price volatile market and the sector has experienced a number of slowdowns over the years, it doesn’t make the decisions that some companies have had to make any easier or indeed the impact for the individuals concerned.
Each week, Energy Voice pulls together the Friday Five. Click below to see the site’s most read and engaged with copy of the week.
Ahead of the Scottish Parliament's Economy, Energy and Tourism Committee evidence session on the future oil and gas prospects for Scotland, Oil and & Gas chief executive, Deirdre Michie, says the future will be decided now.
2015 saw a string of major leaders confirm their departure in quick succession. Click through to find out who, what, where and when.
Decommissioning and security related issues have been one of the principal barriers to upstream oil and gas mergers and acquisitions activity in recent years.
Each week Energy Voice pulls together the Friday Five. Click below to see the site’s most read and engaged with copy of the week.
Yesterday's news regarding the withdrawal of the £1 billion capital subsidy by a government who only six months ago were firmly committed to CCS as part of their election manifesto was a shock for many people across the energy industry.
With the Autumn Statement announced this week, Derek Leith, UK head of oil and gas taxation at EY, continues in the role of Energy Voice’s guest editor. Follow along each day as he spells out the challenges and triumphs the industry faces.
It was refreshing to see so much attention being paid to the Energy sector in the Autumn Budget.
In a performance that most magicians could only dream of aspiring towards, Chancellor George Osborne delivered an alleged austerity autumn statement that both mesmerised and left red-faced the Chairman Mao little red book-waving Labour opposition.
Carbon capture in the UK has been hung out to dry by the Cameron Government via some chancellor’s Autumn Statement fine print issued by the Department of Energy & Climate Change.
We live in challenging times. I’m sure like everyone else you read on a regular basis headlines about yet another round of consultation over jobs at risk, or doom and gloom for the North Sea - or global - oil industry.
As the Autumn Statement is announced this week, Derek Leith, UK head of oil and gas taxation at EY, has taken up the role of Energy Voice’s guest editor. Follow along each day as he spells out the challenges and triumphs the industry faces.
Having worked closely with each other for over six years, we are deeply disappointed to hear that Aquamarine Power has ceased trading.
New research released today reveals that while many of us are aware of the cost of a TV Licence, many of us fail to anticipate how much our energy and other utility bills are.