Capital still available to oil firms, but with green tinge
An oil and gas banking expert said today that capital is still available to the sector, but with green tinge.
energy transition
Petronas cautiously eyes green energy transition
Malaysia’s Petronas is almost doubling its yearly capital investment spend on new energy initiatives this year as it eyes a slow measured diversification away from the traditional oil and gas business.
Training for a changing industry
It would take a brave person to make a firm prediction as to what the energy industry will look like in the coming years.
Virtual Tech Showcase: Digital collaboration takes centre stage as Energy Voice event gets underway
A rallying cry for improved digital collaboration was issued to North Sea oil and gas firms during the opening session of Energy Voice’s Virtual Tech Showcase.
What links America’s Cup racing sails and the energy transition?
It may seem an unlikely link but advances in racing sails have given a team of marine robotics experts at Innovo inspiration in their quest to help reduce carbon emissions from some vital energy industry activities.
Coal use set to surge in India despite renewables boom
Coal-fired power generation is projected to surge in India as the expanding wave of renewable energy capacity cannot keep up with electrification growth in the South Asian country, home to the world’s second biggest population.
BHP is bullish on oil and gas, eyes deals
BHP Group on Tuesday said it sees a clear opportunity in oil and gas to enjoy strong returns over the medium term and is ready to seek counter-cyclical deals in a world where many energy companies have cut back on exploration and new projects.
Petronas and JERA team up for low-carbon solutions
Malaysian national oil company (NOC) Petronas and JERA - a joint fuel-procurement venture between Japan's Tokyo Electric Power and Chubu Electric Power – have signed a memorandum of understanding that will see the pair collaborate on a wide range of low-carbon energy initiatives, covering liquefied natural gas (LNG), ammonia and hydrogen.
Shell to freeze salaries for majority of staff amid overhaul
Shell will freeze salaries for most of its employees this year, according to people with knowledge of the matter, as it looks to save cash amid an overhaul of the company.
UK on cusp of battery boom to boost renewable power supply
Developers of batteries in the UK have projects on the go that would increase the country’s capacity more than 14 times what it is today.
Huge year for establishing UK oil industry’s net-zero credentials, experts say
Experts from EY, Wood Mackenzie and NorthStone Advisers say setting renewable energy targets will be high on oil and gas firms' agendas.
BP targeting low carbon solutions with new strategic collaboration agreement
BP has signed a strategic collaboration agreement with Rosneft Oil Company focused on supporting carbon management and sustainability activities.
UK Government funding to support Scotland’s entrepreneurs could create ‘hundreds of green jobs’
The UK Government has freed up £11 million to help Scotland’s energy entrepreneurs turn their ideas into clean, green technologies.
Ex-Petronas CEO joins ExxonMobil board in surprise move
The former boss of Malaysian national oil company (NOC) Petronas, Tan Sri Wan Zulkiflee, has joined ExxonMobil’s board of directors, in a move that has surprised some industry watchers.
Worley job cuts reach 11,400 since start of pandemic
Engineering giant Worley has confirmed its job cuts total since the start of the Covid pandemic has reached 11,400.
Martin Gilbert: Energy Transition will offer big opportunities
Disrupt or be disrupted. Those are the options open to Aberdeen in the field of low-carbon technology development, according to entrepreneur Martin Gilbert.
2020 results show BP in energy transition conundrum, analysts say
Oil giant BP’s quest to transition away from fossil fuels and become a net-zero emitter by 2050 has left it caught in a “conundrum”, analysts said yesterday.
Energy Institute CEO Kingham to leave group for new role at BP
The CEO of the Energy Institute, Louise Kingham, has announced she will leave the organisation for a new role at BP.
Former BP CEO Dudley: ‘We need investors to have a little patience with oil and gas’
Former BP CEO Bob Dudley has said investors “need to have a little patience with the oil and gas industry” as it adjusts for the energy transition.
Will COP26 provide inspiration and trigger ambition?
The United Nations climate change conference which is to be held in Glasgow in November should be a source of inspiration and an opportunity for Scottish industry to showcase its Net Zero manufacturing supply chain.
CfD, floating offshore wind and supply chain concerns all in the spotlight as Energy Voice and EY’s 10 Point Pod gets underway
The UK Government’s commitment to developing offshore wind has been unequivocal.
Scottish budget sets out measures to help workers transition into green jobs
The Scottish Government is taking further steps to try and ensure workers have the skills needed to adjust and benefit from the energy transition.
DNV GL to combine oil & gas and renewables operations
DNV GL has announced plans to combine its current oil and gas and power and renewables wings to create one new business area.
BP cuts oil exploration team down to fewer than 100 people – report
BP has made significant cuts to its oil exploration team, reduced to less than 100 people compared to a peak of over 700 before Bernard Looney's tenure, according to a news report.
Aberdeen University launches UK’s first energy transition degree
Aberdeen University has today launched the UK’s first postgraduate degree in Energy Transition Systems and Technologies.