EV Private Equity on impact investing and the energy transition
EV Private Equity co-founder Helge Tveit explains the company’s philosophy of impact investing, and why the energy transition provides greater opportunities.
energy transition
Indonesia needs $25bn for green hydrogen
The Indonesian government estimates that Southeast Asia’s largest economy will need investments of up to $25.2 billion to develop green hydrogen from 2031 to 2060. Significantly, state-backed Pertamina is looking to invest some $11 billion to help accelerate the clean energy transition, including hydrogen developments, over the next five years.
Petrofac boss tells supply chain it needs to ‘justify’ renewables local content targets
A senior figure at energy services giant Petrofac (LON: PFC) has challenged the energy supply chain to earn its right to secure work on low carbon schemes.
Holyrood faces income tax headache with claim 71,000 oil workers paying ‘a lot more’ than average
Tens of thousands of oil and gas workers’ in Scotland pay “a lot more” than the average rate of income tax, according to a senior government figure.
Pertamina plans five year $11bn spend for renewables, eyes energy transition
Indonesia’s national energy company Pertamina plans to spend up to $11 billion over 2022-2026 to help develop its renewables business as the company seeks to accelerate the energy transition.
Concern Boris Johnson will announce ‘energy transition rollback’
An expert in energy law has outlined concerns that Boris Johnson will announce a “deviation” to the UK energy transition next week.
Aberdeen: Training for tomorrow
In the wake of COP26 in November last year, the need for a skilled and well-trained workforce to deliver the transition to renewable energy has been recognised globally.
Energy companies embrace Young Person’s Guarantee to build future talent pipeline
It is our responsibility to foster the interest and enthusiasm in young people for a career that will continue to sustain our industry with the skilled workforce it will need in the decades to come.”
Shell, Deltic Energy and others to speak at Aberdeen University energy transition event
Speakers from Shell and Deltic Energy are among those taking part in an Aberdeen University energy transition discussion later this month.
Six Nations rugby and the energy transition
I have seldom known a time when there has been so much uncertainty, drama and tension keeping everyone on the edge of their seats; and I’m not talking about the anticipation associated with Vladimir Putin’s next move on the world stage.
Who are the top innovators for the energy transition?
It is fair to say that without innovation there will be no energy transition. The wholesale move to carbon-neutral energy systems, in less than three decades, is a task that demands almost undreamt-of levels of industrial creativity. And unlike other areas of innovation, such as those seen in technology and finance, the evolution required for the energy transition is one that is central to civilisation as we know it.
Lords committee demands government provide detail on how net zero will be financed
A critical gap in the government’s energy policy means the UK could be on course to miss its target to zero out emissions by 2050.
OEUK hosts first event under fresh name as North Sea chiefs herald in new era
Offshore Energies UK (OEUK) chief executive Deirdre Michie says the trade body will champion an “inclusive future” as it enters a new dawn.
Leading law firm sees the north-east as a ‘huge opportunity’
For the team at Shepherd and Wedderburn, Aberdeen, the north-east and the north of Scotland is the land of opportunity, so much so that the firm recently reaffirmed its commitment to the region by investing in a new office in the city.
Helping to shape the energy workforce of the future
International School Aberdeen (ISA) is at the forefront of shaping education to meet the changing needs of the future global energy industry.
Dutch oil and gas sector mulls UK-style transition deal
Amid the departure of Shell and the planned closure of the country’s largest gas field, producers in the Netherlands are calling for greater clarity over the future of the Dutch North Sea.
‘Transition, not extinction’ – Kwarteng says UK can’t turn its back on 250,000 oil and gas jobs
The UK’s business and energy secretary has defended the role of the oil and gas industry in the transition to net zero.
Cross-sector technology and skills at the heart of the transition
With the theme of ‘Oceans of Opportunity’, the much-anticipated Subsea Expo conference later this month will showcase the cutting-edge technologies and innovations of the sector. The UK’s subsea market produces some of the world’s most advanced technology for harsh and hard to reach environments. As the energy transition accelerates, there will be a significant opportunity for the transfer of this technology into growing clean energy sectors.
The tide is turning for global export opportunities in the blue economy
Momentum is building within the UK’s energy sector and the blue economy.
AIS Survivex launches event series to tackle ‘huge demand’ for skilled workers
AIS Survivex is launching a series of events designed to highlight the pivotal role training will play in the energy transition.
Dispelling energy transition myths and barriers to accelerated progress
The oil and gas industry is quickly reaching an inflection point. While there is broad consensus on the inherent value in decarbonisation and a pivot to renewable sources, taking such action has moved from an option to a strategic imperative in order to maintain a social licence to operate. Once facing a one-dimensional path to value creation, O&G companies now manage a broad array of stakeholders calling for action on carbon reduction and long-term conversion.
Reuters Events: Global Energy Transition 2022
The mandate behind climate action is clear. The time for global businesses to turn net zero ambition into business action has arrived.
‘I suppose it was inevitable’: Campaigner, industry and analyst reaction to OGUK rebrand
Reaction to news that the leading trade body for the North Sea, Oil and Gas UK (OGUK), is rebranding has varied from claims of it being a “PR stunt” to praise for a move that’s “not before time”.
First candidates picked for skills academy backed by BP and Sir Ian Wood
The first candidates have been selected for X-Academy, a new training initiative backed by Sir Ian Wood and BP.
‘No pain, no gain’ for world on road to net zero, warns Wood Mackenzie
The world must prepare for ‘tangible economic implications’ if it is to cap global warming to the 1.5°C limit agreed in the Paris Climate Accord.