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opinion

Opinion

Big Oil and King Coal at COP26

Cut it whichever way you like, little genuine forward progress was made at COP26, in my opinion.  At best the outcomes are fragile.

Opinion

The conversation we’re not having…

A short time ago, I was at an event in Brussels, talking about the role of natural gas. And there was a gentleman there who didn’t want to engage with our industry at all. At one point he asked me if I was ashamed of my work and said that talking about the future of gas was just our industry looking for a lifeline. He is just one person who sees gas as a problematic energy source. Sadly, he is one of many.

Opinion

Embrace hydrogen to achieve net zero

Large-scale hydrogen storage can enable the rise of renewables while bringing benefits to local authorities, transport companies and electricity suppliers.

Opinion

Natural selection in energy transition

While the shift from hydrocarbons to renewables is far from smooth, investment opportunities in the generation, service and utility markets are proliferating as the sector landscape evolves.

Opinion

UK lacking a tech grip

Ever heard of the International Energy Agency’s Technology Collaboration Programme? Possibly not. It doesn’t exactly hit the headlines.

Opinion

Opinion: Remembering Piper Alpha

As an apprentice at Dounreay back in July 1988, I remember very clearly travelling the 22 miles from Thurso across the far north east corner of Scotland to Wick, to look out to sea.

Opinion

Opinion: Kemp – Mergers and asset transactions on the rise in oil and gas sector

Over the last year or so there has been increased activity in mergers and asset transactions in the oil and gas sector. This certainly includes the UK Continental Shelf. With respect to asset transactions, in the immediate aftermath of the oil price collapse, there was little activity. Both potential sellers and buyers had to assess the effects of the price fall on the value of assets. Cost reductions and valuation of their effects were a priority. Also, there was great uncertainty regarding future price behaviour which made agreement valuations more difficult.

Energy Transition

Opinion: Biomaths – why burning wood pellets doesn’t pay

The UK is finally moving beyond burning coal to generate electricity. Many in government and industry have held up biomass as its natural, renewable replacement. Billed as low-carbon and easy to burn using existing technologies, it’s an apparently ideal solution and in the UK, it’s riding a wave of subsidies. But it’s time to shed some light on the dubious evidence that lends biomass its status as a renewable energy source.

Opinion

Opinion: How can the government reboot the capacity market?

On February 14 Toshiba announced that it was no longer willing to take construction risk on the Moorside nuclear plants. This puts thousands of new nuclear jobs in the rural Cumbrian constituency at risk -anything but a Valentine's Day gift.

Opinion

Opinion: It’s time to get excited about the North Sea again

Recent M&A activity as well as ongoing discussions within the UK North Sea Oil and Gas industry is shaking many traditionalists. The renewed interest from smaller operators in growing their presence in the region and the arrival of private equity businesses as the new owners of exploration and production companies will mean leaner operations, with shrinking workforces an inevitability.

Opinion

Opinion: Improving power quality to meet future energy needs

Future airline and ships will be powered by data, but many more will be powered by electricity. The electric car has made its flashy debut and hit the road; the solar-powered electric plane recently completed its round-the-world trip.

Opinion

Opinion: The risk of tainted funds

If you suspect a business counterparty is implicated in bribery and corruption what should you do? How do you protect your business from being tainted by the actions of your counterparty? Are your assets at risk?

Opinion

Opinion: Navigating the black expanse of $30 oil

Where do efficiency savings and productivity gains come from when the obvious wastage is eliminated? When the headcount requires no more than a couple hands and a foot? That’s the question facing many of us now as the black expanse of $30 oil spreads out before us.

Opinion

Les Linklater: Four by four

It’s hard to believe that four years ago, I stepped into the role here at Step Change in Safety. Like my New Year’s resolutions, my hopes and the reality didn’t always align. Since day one, there have been many successes and Step Change’s strategic priorities have evolved. But, sadly, there have been tragic and stark reminders of just how much is still to be done.