As we approach the first anniversary of Russia’s invasion of Ukraine, it is a further reminder that energy security will continue to have a major impact on oil and gas markets and how nations meet their energy requirements.
As “another extraordinary year” in the energy sector comes to an end, outgoing chief executive of Offshore Energies UK (OEUK), Deirdre Michie, reflects on the last 12 months and her time at the helm of the trade body.
From energy rationing to onshore wind, the newly appointed business and energy secretary, Grant Shapps, has voiced opinions on a range of topics in the sector.
The UK is on the cusp of securing a natural gas contract with Norway for as long as 20 years in a bid to stave off the risk of winter blackouts, people familiar with the matter said.
A month is indeed a long time in politics. Since I last wrote here, we have a new Prime Minister, a crashing pound and an unprecedented scale of intervention in the energy markets in an effort to stave off the worst impacts of impending price rises.
Increasing political and social pressures regarding energy transition and security has once again thrust the North Sea into a period of significant transformation.
“Offshore drilling is coming back, big time,” Bjornar Iversen, chief executive of Dolphin Drilling, excitedly told a room of senior company figures, and myself, during a visit to the Borgland Dolphin rig in Norway last month.
Liz Truss signalled support for the North Sea oil and gas industry during her first Prime Minister's Questions in the top job.
Russia's invasion of Ukraine has brought energy security into the spotlight and Norway is stepping up to meet demands while providing stable finances for producers and leading the way in decarbonisation.
Centrica (LON: CNA) has been given the go-ahead by the industry regulator to reopen the Rough gas storage site off the coast of England.
A permanent feature of the West of Shetland for many years, the Foinaven vessel recently left the namesake BP field for the last time.
In September 2014 and in the face of mounting uncertainty over Russian gas supplies continuing to be available because of the then conflict over Ukraine, then European Energy Commissioner, Guenther Oettinger, suggested that Norway could play a fundamental role in shoring up EU energy supplies then and into the future.
Boris Johnson is demanding the offshore wind industry slashes the time it takes to build a wind farm in the UK.
Russia’s invasion of Ukraine means climate security and energy security are “now synonymous”, according to the UK’s COP26 President.
The boss of Aberdeen-headquartered Plexus Holdings (LON: POS) is forecasting a “significant resurgence” in North Sea activity.
After a certain amount of time in this industry, you get a certain understanding for how the energy system works.
Recent months have underlined that energy security "still trumps" sustainability in the minds of politicians, the head of a trade body has claimed.
The industry regulator won’t be swayed by “hysterical assertions” from people who “simply don’t understand” the intricacy of the UK’s energy mix.
Natural gas is to be classified as a “green” investment under proposals from business secretary Kwasi Kwarteng, according to a report.
A leading analyst says the North Sea “could do with another Buzzard” to offset production decline and plug the import gap.
Neptune Energy has announced today it will spend more than $1 billion (£810 million) to help shore up the UK’s energy supplies.
The results of a major survey showcasing the attitudes of energy industry leaders from across the globe have been released.
The global response to the tragic invasion of Ukraine has underlined the importance of energy security and the need for responsible, clean and reliable sources of energy for our country: a balanced transition is key as we look to secure a bright future for our industry and its workforce.
The Government has commissioned a review of the latest scientific evidence on fracking, as the debate over UK energy supplies intensifies.
I recently heard a BBC Scotland reporter state, almost as a throw-away “fact” about energy problems arising from the Ukraine war, that Scotland is, of course, unaffected because we produce more power than we consume.