Ffolkes Offshore reveals fivefold increase in crew change costs arising from Covid-19
An Aberdeen-headquartered shipping agency has revealed that crew change costs rose fivefold last year due to complications caused by Covid-19 restrictions.
Insights
Updated: Oil prices fall as OPEC+ extends talks to second day without decision
Oil dropped the most in two weeks with OPEC+ yet to resolve an impasse on whether to keep raising production at a time when the pandemic threatens demand.
Opportunity for us all to drive the transition
Wow, what a 12 months that was. The last article I wrote for Energy Voice was in June and looking back now, it shows how little was understood about the impact Covid-19 would have on our lives. I suggested in that article that we were emerging from the crisis then. How wrong could I be?
Integrated energy approach needed to tackle challenges ahead
The world’s eyes will be on Scotland in November when global leaders are set to meet in Glasgow for the COP26 summit, a year later than originally planned.
What does the future hold?
That’s what we are all asking as we approach the New Year. We are all hoping that the advent of vaccines will mean 2021 is more “normal” than 2020. However, the pandemic has also coincided with, and possibly accelerated, a more fundamental change in our society – our response to the climate crisis, so the new “normal” will be different to the old “normal”.
Without technology there is no net zero
It is a fact of life that if you want to achieve net zero you need the technology that can make it happen. You can play around with what you think are smart economic wheezes such as contracts for difference and carbon tax but if you don’t have the technology to enable you to stop burning hydrocarbons then ultimately, they’re of no benefit whatsoever.
Looking ahead to a healthier 2021
It’s hard to think that this time last year, at the very start of 2020, we had little idea what was to come and could never have imagined how much our lives would be turned upside down.
New IOGP chief outlines ‘litmus test’ for oil and gas industry
Iman Hill, recently appointed as the new executive director of the International Association of Oil and Gas Producers (IOGP) writes for Energy Voice on the current "litmus test" for the sector.
Crown Estate hydrogen study: Let’s get moving with our energy transition activities
Crown Estate Scotland is set to launch a rather interesting mini-study.
Updated: Oil advances on Covid-19 vaccine optimism and US stimulus
Oil climbed as the UK is poised to grant regulatory approval to another Covid-19 vaccine and as the US passed its stimulus bill into law.
Hydrogen policy statement premature?
Energy Voice, and numerous other media outlets, covered the Scottish Government’s Hydrogen Policy Statement issued on the 21st December. The policy statement was informed by the Scottish hydrogen: assessment report issued on the same day.
2020: A year of resolve and resilience through extraordinary upheaval
With the dramatic impact of the COVID-19 pandemic and the fluctuating price of oil, 2020 has been a difficult year for us all and particularly our industry. During this time, we experienced a period of dramatic change, leading to a very “different” future.
Rocking around the subsea (Christmas) tree
Families across the UK are preparing for a Christmas like no other. With the announcement earlier this month of a ‘Christmas bubble’ –the forming of up to three households, who can stay together from 23 to 27 December, as agreed by all four UK nations, families up and down the country are deciding who to include.
Energy directors must ask questions of their subsidiaries
“The child gold-diggers”. That was the title of a recent Sunday Times feature, which tracked illegally mined gold from the child miners of Ghana to the “clean” gold markets of Europe, via the Dubai gold souk.
Oil falls with virus mutation raising lockdown risks
Oil fell after posting a seventh weekly gain on concern a mutation of Covid-19 discovered in the U.K. could speed transmission of the virus and lead to more lockdowns.
North-east SNP MPs call for meeting with business secretary over sector deal
The UK Government has been urged to give “more detail” on planned support for the oil and gas industry in order to give the sector greater confidence.
UK Government extends furlough scheme until end of April 2021
The UK Government will continue the furlough scheme until the end of April 2021 in an effort to ensure firms are able to survive the continued economic disruption.
A bright future for the Guyana economy post-Covid
ABIS Energy is passionate about Guyana. We have been engaged with the Guyana economy for the past 4 years and foresee a bright future.
Rethink Africa’s energy systems to empower women
Women-led SMEs across the continent depend on reliable and affordable energy but often lose out because of grid and centralised power problems. Instead of waiting for grid power, Salma Okonkwo argues, off-grid solar projects and mini grids offer a way forward.
Roadmap 2035: Meeting milestones and hitting the accelerator on the journey to net zero
History may never repeat itself exactly, but it can teach us a lot about achieving a successfully managed, fair and inclusive energy transition to a net-zero carbon future and green recovery in the UK.
Worryingly, oil firms still view D&I as a compliance issue
With the oil industry facing the twin crisis of demand destruction and a climate emergency, and society grappling with a pandemic you could be forgiven for asking how much of a priority should diversity & inclusion be right now?
Five actions to power climate change
As we endure these challenging times, the climate emergency persists, and the planet continues to be threatened. Without a strong and stable economy, the funds to invest in a greener, cleaner future simply won’t be there. Even with the fall in carbon emissions, our modelling shows that the pandemic will only reduce demand through to 2050 by 8%.1
Government’s 10 point energy plan must have the supply chain at its heart
Its bold, it’s ambitious and it’s also been warmly received by most stakeholders including industry and even environmental groups. The UK Government’s 10 point plan covers clean energy, transport, nature and innovative technologies in its quest to create jobs and achieve net-zero by 2050.
Could hydrogen-powered breakfasts soon become a reality?
With talk of hydrogen-powered breakfasts as well as trains, ships and planes – have we reached a tipping point where this could become a reality?
How to protect against the long-term effects of Covid-19
With news of a vaccination providing a glimmer of hope to the world, it is believed that we could be nearing a turning point for the pandemic that has gripped the globe.