Explorers in ‘existential crisis’ as energy transition picks up pace, Woodmac says
Explorers are in the grip of an existential crisis as the energy transition gathers pace, an analyst said today.
energy transition
OGA releases policy position in ‘support’ of energy transition
The Oil and Gas Authority (OGA) has published its white paper on the organisation's role in the energy transition.
Energy transition progress ‘inextricably linked’ to diversity drive, OGUK chief says
The UK oil sector’s quest to improve diversity and inclusion among the workforce will not be forgotten about as the energy transition debate gathers steam, an industry chief said yesterday.
Industry failing to meet climate change expectations, warns OGUK boss
The head of Oil and Gas UK has warned the industry that it is not meeting the expectations of society around climate change.
Southern North Sea ‘well placed’ to meet dual challenge
The southern North Sea (SNS) is well placed to support the transition to a low carbon future while meeting higher energy demand, an industry chief will say at a conference in Norwich today.
Scottish oilfield service sector diversification ‘here to stay’
The Scottish oil and gas supply chain’s diversification into other markets is “only going to continue” as the energy transition gathers momentum, a business leader has said.
Shell ‘leading the way’ on climate change
Oil super major Shell is "ahead of the curve" on facing up to climate change responsibilities, its boss said yesterday.
Carbon push won’t shut down North Sea overnight, pledges energy minister
The Scottish Government has pledged to continue to “champion” North Sea oil and gas, despite “difficulties” posed by a growing focus on climate change.
Energy minister welcomes transition report, says oil sector still vital to Scotland
Scotland's energy minister said today that the oil and gas sector remains a "key component" of the country's energy system and economy.
Flagship report to map out oil’s role in energy transition
A new flagship report highlighting the oil and gas industry's critical role in the energy transition will be unveiled in Aberdeen next week.
Two-tier economy emerging as UK undergoes energy revolution, report says
A two-tier economy is emerging as Britain goes through an "energy revolution" by advances in electric vehicles and smart appliances, according to a new study.
UK Government must act to fully unlock the potential of clean energy
As clean energy emerges into its bright post-subsidy future, many within the industry were eagerly anticipating announcements within the Chancellor’s Budget designed to boost the sector into its next growth phase. In the event however, the topic was not mentioned, ceding further ground to other priorities.
UK oil industry to debate role in energy transition over breakfast
Senior oil and gas industry figures will lead a discussion about the sector's role in the transition to a low carbon economy at two events.
World set for ‘golden age of gas’, DNV GL chief says
The energy sector is set for a “golden age of gas” over the next three to four decades, an industry expert has said.
There’s a big wave coming, better know how to ride it
To curb greenhouse gas emissions, nations, states, and major conurbations/cities should aim for a mix of fuel-saving, plus flexible and highly reliable sources of energy.
Decommissioning uptick threatens future of small reservoirs, report says
An uptick in offshore decommissioning could make it harder for companies to develop smaller oil reservoirs using existing, ageing infrastructure, a new report said.
Video: Shell holds event to explore new tech influence on energy transition
Supermajor Shell recently held an event to explore ways in which new technologies can be applied to the challenge of energy transition.