As the curtain falls on 2021, a year largely dominated by the three Cs – Covid, COP26 and Cambo – we’re seeing strong energy market fundamentals underpinned by high commodity prices which would usually signal greater optimism for the year ahead.
In the latter stages of 2021, the lightning rod debate over the Cambo development has brought the role of oil and gas in our energy system into sharp focus.
Equinor will drill about 25 exploration wells off Norway’s coast next year in a bet that it will be among the last companies still producing oil and gas when the world has achieved net-zero emissions.
A new climate compatibility checkpoint is unlikely to impact on plans to develop a huge UK oilfield, according to the UK’s energy minister.
More than a third of voters think the SNP-Green coalition will have a negative impact on the north-east of Scotland, a new study suggests.
There was a real sense of juxtaposition in Scotland’s energy industry on December 3.
A couple of weeks ago, a Scottish green party MSP claimed that it is only the “hard right” who continue to support development of the Cambo oilfield on the UK Atlantic Frontier.
MSPs will discuss the future of the oil and gas industry tomorrow during a debate in the Scottish Parliament.
Between COP, Cambo and a host of other increasingly political issues around fossil fuels, EV puts it to Oil and Gas UK (OGUK) chief executive Deirdre Michie that the trade body’s rhetoric to defend the sector has ramped up in recent months.
Siccar Point Energy has said it is "pausing" the Cambo oil project in the West of Shetland after Shell decided to pull out of the controversial development.
The North Sea boss of Shell has addressed the controversy surrounding the oil giant’s decision to exit the Cambo oil field in the West of Shetland.
The Faroe Islands plan on staying open for offshore oil and gas exploration and for sharing in the spoils of any UK Atlantic Frontier development where reserves might straddle the Faroe-UK maritime boundary.
A union boss has criticised the co-leader of the Scottish Green party for recent comments he made about the oil and gas sector.
Believe it or not the UK’s oil and gas industry is the nation’s best bet for building a green and low-carbon future – and that includes opening new oil fields like Cambo, says Katy Heidenreich, operations director at Oil & Gas UK (OGUK) which represents the UK offshore industry.
Shell’s shock decision to back out of the contentious Cambo field caps a tough few months for the oil giant, as far as the North Sea goes.
The latest Energy Voice monthly supplement has been published with The Press & Journal.
The decision by Shell not to invest in the Cambo project has been deemed a “huge blow” for the UK industry and the potential for emissions-busting technology in the West of Shetland.
Shell pulling out of the west of Shetland Cambo project may boil down to the cost of stricter environmental legislation and a reduced appetite for investment, an oil and gas industry expert said today (December 3).
A union boss has voiced concerns that Shell’s choice to withdraw from Cambo could put a dent in plans for a 'just transition'.
An industry veteran says it's a “worry” to see people toasting Shell’s decision not to progress a controversial North Sea project.
A South African court has approved Shell to go ahead with a seismic shoot offshore the Wild Coast.
Scottish Greens co-leader Patrick Harvie has said only the “hard right” now support new oil and gas extraction in the North Sea.
Billionaire industrialist Sir Ian Wood has hit out at politicians who have failed to support the controversial Cambo oil and gas development, warning it will create an “adverse investment environment” with thousands of jobs on the line.
Oil and gas industry body OGUK says Shell’s decision to pull out of the west of Shetland Cambo project – threatening 1,000 jobs – “doesn’t change the facts” around energy supply.
Huge doubt has been cast on the future of the Cambo oilfield in the west of Shetland after Shell decided not to progress the project.