OGUK report praises operators for progress on emissions, bosses say Acorn snub won’t impact targets
UK offshore oil and gas emissions fell by 10% last year, compared to 2018, as Covid-19 sparked lower levels of activity.
Oil and gas UK (OGUK)
‘Methane moment’: 20 countries join pledge to slash emissions ahead of COP26
An EU-US pledge to slash global methane emissions has garnered support from 20 more nations ahead of the COP26 climate summit in Glasgow.
Stark figures show North Sea gas production could be on course to wrap up by 2030
As the UK finds itself in the midst of a gas crisis, stark figures have shown that North Sea production could be on course to wrap up by the end of the decade.
OGUK makes case for UK supply amid soaring gas prices, Equinor given nod to increase exports to ease shortfall
Soaring gas prices across Europe reinforce the need to maintain supply from the UK North Sea, according to Oil and Gas UK (OGUK).
Energy industry entering period of “corporate Darwinism”, says expert
“Corporate Darwinism” could come to the fore as the energy industry tries to overcome challenges by finding new and innovative ways of working.
Net zero offers BP chance to become ‘better company’, says strategy boss
A senior figure at BP has hailed net zero for offering the oil and gas giant a chance to become a “better company”.
Cambo could be ‘huge spanner in the works’ for North Sea investment appetite
The cacophony around Cambo could throw a “huge spanner” into the works with regards to investment appetite in the North Sea, an industry expert has said.
Shell’s new North Sea boss to put upstream business ‘in reverse’ as part of key CCS project
Shell’s new North Sea boss has committed to putting the company’s “upstream business in reverse” as part of a key Aberdeenshire CCS project to drive net zero.
Oil and gas and energy transition ‘inextricably linked’, says OGUK boss
A senior industry figure has stressed the importance of oil and gas to a successful energy transition, describing the two as “inextricably linked”.
UK North Sea spend to top £20bn in coming years, says OGUK report
Spend on projects in the UK North Sea is expected to top £20 billion over the next five years, a flagship study has revealed.
Oil and gas worth a huge £18bn to north-east economy, research shows
The oil and gas industry is worth an eye watering £18 billion to the north-east economy, research has revealed.
North Sea safety boss sets out what offshore life could look like once workforce is double-jabbed
For well over a year now, North Sea oil and gas workers have had to comply with numerous measures designed to stop the spread of Covid-19.
Talks to let double-jabbed oil workers bypass Covid isolation
Discussions are ongoing that could avoid swathes of North Sea oil workers having to return home in the event of a Covid-19 breakout.
‘The deep fried mars bar can save the planet’: Offshore helicopters could use ‘chip fat’ fuel to cut emissions
A fuel derived from “chip fat” could be the near-term answer for offshore helicopters to cut emissions, according to an aviation expert.
North Sea operators launch plan to slash methane emissions
North Sea operators have launched a plan to slash methane emissions, one of the world’s most potent greenhouse gases.
Majority in UK want government spending on North Sea oil redirected to renewables
Most UK adults want government spending on North Sea oil and gas redirected to renewables, according to a new campaigner survey.
BP CEO calls IEA scenario ‘credible’ despite planning more oil and gas projects
The CEO of BP has described an IEA net zero scenario calling for the end of new oil and gas projects as “credible”, despite the firm planning major fossil fuel developments.
Campaigners bring legal challenge to UK Government on North Sea oil plans
Campaigners have brought a legal challenge to the UK Government for supporting plans they claim are “unlawful” for North Sea oil and gas production.
BP CEO Bernard Looney to headline OGUK conference
BP CEO Bernard Looney will headline the upcoming Oil and Gas UK (OGUK) annual conference.
North Sea oil industry still 30 years away from gender parity
The UK North Sea oil industry is not expected to reach gender parity until the 2050s, more than ninety years after its inception, according to a new report.
‘We faced a common enemy’: Oil industry leaders reflect on HSE trials of 2020
Industry leaders reflected on a year spent “facing a common enemy” during the closing session of the Oil and Gas UK HSE conference.
Warning of vaccine lag for North Sea as maintenance backlog builds
Industry leaders have warned that the pace of vaccine rollout in the North Sea could be moving too slowly to deal with a rising maintenance backlog, as a crucial shutdown period approaches.
BP plans ‘UK’s largest’ hydrogen project on Teesside
BP has announced plans for what it described as the “UK’s largest” hydrogen project.
Life after oil: Comms adviser takes ‘leap of faith’ on fitness passion
A former oil communications advisor has taken a “leap of faith” during the pandemic on a career in health and fitness.
UK oil industry moves to address ‘gap’ in climate reporting
The UK oil and gas sector has announced a move to address a “gap” in investor expectations for climate-related reporting.