By Professor Paul de Leeuw, director of RGU's Energy Transition Institute
It is estimated that during 2019 over 20 million people in the UK contacted the 999 emergency services to request immediate police, ambulance, fire or coastguard support or to report an emergency.
Too many opinions, not enough facts. That’s how Chrysaor chief executive Phil Kirk views the heated debate about the oil and gas sector’s role in the energy transition.
By Gordon Ballard, Executive Director, International Association of Oil & Gas Producers (IOGP)
The year 2019 once again proved that oil and gas remain indispensable resources to make the world a better place. They help to improve the lives of billions of people, many of whom would otherwise lack any access to reliable energy.
The climate emergency is an “even more pressing challenge” for the industry than the 2014 downturn according to the Oil and Gas Authority’s (OGA) chief executive.
While the UKCS may be regarded as a more mature basin than those in other parts of the world, that doesn’t mean that it is standing still or slowing down.
The biggest change I have seen in 2019 is the move by the oil and gas industry towards a net zero future. There have been many factors that have influenced this change, from the social public push through to the active and engaged conversation the industry has been having around Roadmap 2035 (what we will look like in 2035).
By Hari Vamadevan, senior VP and regional manager for UK & West Africa, DNV GL – Oil & Gas
The North Sea is known for adapting to change and this year has demonstrated an indication of resilience in the sector. Confidence has slowly returned to a market which has changed dramatically in the last five years.
As 2019 comes to a close, the UK energy sector trade body has produced a video highlighting some of the main developments for the industry over the last year.
Everyone agrees that 2020 will be a critical year for energy transition, but how will things really play out? In the run-up to Christmas, Calash and Candour put their heads together over a glass or two of crude and have come up with 12 ‘golden’ moments for the energy market in 2020, some of which are extremely long shots.
The oil and gas industry has welcomed the new UK government as it looks ahead to a “transformational” sector deal and braces for tax changes for thousands of contractors.
The next generation of the UK’s oil and gas industry is being called upon to make their voices heard on key issues including the energy transition and climate change.