Energy transition commitments could go some way to reversing North Sea pessimism
It’s hoped commitments to put energy transition “at the heart” of economic recovery plans could go some way to reversing negative trends in the oil and gas industry.
Insights
Mental health and youth unemployment: hidden impacts of COVID-19
COVID-19 has had a terrible impact on society’s physical health.
Westminster’s Net Zero plan is ambitious but policy action is needed now to deliver real change
It’s been talked-up for months, but last week the Prime Minster finally fired the starting gun on what he promises will be a bold, ambitious race to radically transform the UK into a green economy.
Time is running out – the energy sector’s Generation 2050 speak up
With COP26 less than a year away, an intergenerational climate emergency requires intergenerational action. We have over 1,000 young energy experts that can help shape the climate debate, writes the Energy Institute’s Sinead Obeng AMEI
North Sea oil industry ‘teetering on the brink’
A North Sea trade union boss has warned the oil industry is “teetering on the brink” due to a lack of activity and investment in the basin.
Energy transition: How to protect your intellectual property
The oil & gas sector has a vital role to play in transitioning to net zero by 2050, and in mature basins like the UKCS, much can be achieved. Innovation and technology will be key to unlocking many of these opportunities.
Global insights give companies an edge
As a technology-focused energy impact investor, EV Private Equity is committed to building innovative world-class companies. Experience has shown us that achieving that ambition requires global reach, unique insights and a strong mindset that transcends geographical and territorial boundaries.
Take the initiative and find nimble solutions
None of us can predict for certain what the supply chain of the future will look like, yet we all have to plan for future changes to make sure our businesses move forward in step with the world around us.
Oil extends gains on vaccine progress as OPEC+ meets
Oil extended its gain with investors weighing news of another Covid-19 vaccine breakthrough as OPEC+ moved closer to delaying a planned easing of output cuts.
Peterson ‘well placed’ after carrying out resizing in response to Covid
International energy logistics provider Peterson has confirmed it carried out a “resizing” of the business earlier this year in order to make the transition to home working more straightforward.
Keeping the lights on – A national imperative
While some aspects of our everyday life changed significantly during the pandemic, two things have remained constant, our ever-increasing energy demands and questions around the capacity of our ageing energy infrastructure to meet this demand. That makes the Energy White Paper crucial and its continuing delay a problem.
Oil rises with China economic recovery, US ruling out lockdown
Oil has risen on optimism over China’s recovery from a virus-led demand crash and as advisers to President-elect Joe Biden ruled out a national lockdown to curb the spread of Covid-19.
Seismic acquisition has been lagging for too long
If the rising cost and environmental pressures experienced by the oil and gas exploration sector this year have shown us anything, it is this: it is time to make the impossible affordable.
Zero hour: Four ways governments can unlock green businesses at COP26
In the “business-as-usual” version of 2020, global leaders should have been gathering this week in Glasgow for the most important meeting on climate since the Paris Agreement five years ago.
Looking through the fog of energy transition
This current “oil crash” is the 6th that has occurred since the start of the 1980s. Some were deeper, some were longer, but on average these events have occurred every 5 years one way or the other.
Sonatrach calls for compliance with COVID-19 measures
Rising COVID-19 numbers in Algeria have driven Sonatrach boss Toufik Hakkar to call for employees to increase their vigilance.
OGUK says autumn ‘snapshot’ reinforces need for North Sea transition deal
Trade body Oil and Gas UK (OGUK) says its autumn “snapshot” reinforces the case for a North Sea transition deal to ensure the industry can “build back better” from Covid-19.
Addressing the pricing methodology: Ukraine can’t afford to miss this chance
Ukraine’s energy sector is undergoing a deep period of uncertainty. The global pandemic is adding strain to an impaired sector, with issues concerning market operations that have remained unaddressed now reaching critical status due to the absence of concerted governmental and regulatory action.
The business case for diversity and inclusion
Diversity and Inclusion is on every boardroom agenda - which continues to be highlighted by movements such as #MeToo and Black Lives Matter.
Oil RenAIssance: Big Oil is tapping Big Tech once more
Renewable energy technologies and the use of big tech within the oil and gas sector have been accelerated due to the COVID-19 outbreak.
Assessing energy merger and acquisition opportunities in a time of pandemic
Mergers and acquisitions have been slowed by the COVID-19 outbreak. But as companies embrace the energy transition opportunities will arise
Oil jumps by most since June on Covid vaccine progress
Oil in London jumped by the most since June as Pfizer Inc. reported a potential Covid-19 vaccine breakthrough.
How to be a top dog in decommissioning
With its prominence in the current news agenda there is no doubt that decommissioning in the North Sea has arrived.
No surge in sight for offshore manning levels – OGUK
The North Sea is not expected to see any surge in offshore manning levels for months, according to industry body Oil and Gas UK (OGUK).
Our industry is evolving, so must our trade associations
As Chair of the International Association of Oil & Gas Producers, I have had the privilege to work with some of our industry’s brightest minds, on some remarkable projects and be reminded of the hugely positive role our sector can play.