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.
Halliburton, one of world’s largest oil services companies, said a unit of the firm has been hired to help seal a well head in southern Nigeria that’s been spewing its contents for several weeks.
The managing director of CNR International UK has pointed to a controlled explosion at the Ninian Northern in Shetland, which raised safety concerns earlier this year, as a decommissioning “innovation”.
The chief executive of Oil and Gas UK (OGUK) has hit back at what she described as a “simplified but really polarised debate” that the industry found itself at the heart of during the COP26 climate summit.
By Claire Wallis, partner and renewable energy specialist lawyer at CMS
There were some welcome developments during COP26, not least the deal announced between the US and China to work together to limit global temperature rises to 1.5C, in line with the 2015 Paris Agreement.
Since it opened its first UK office in 2006, Statkraft has invested £1.4billion in the UK’s renewable energy infrastructure, helping the country to achieve its net zero targets.
Oil companies spent $191.7 million buying drilling rights in the Gulf of Mexico on Wednesday, during a robust government auction that underscored the industry’s appetite for new crude as the White House seeks to shifts the US away from fossil fuels.
COP26 took fourteen days and some long nights of negotiations. It produced breakthrough pledges, a set of rules on carbon trading and some big aspirations that will have to be scrutinised against real action in the years ahead. Here’s what you need to know.
CHC helicopter has been given five days to address “concerns” raised by the competition watchdog over its takeover of rival Babcock before an investigation is escalated.
The UK Government has refused to back Nicola Sturgeon’s opposition to the new Cambo oil field off Shetland – and warned jobs are at risk from “turning off the taps”.
The Acorn carbon capture and storage (CCS) project in Aberdeenshire has teamed up with skills body OPITO to help deliver thousands of skilled jobs for the Scottish Cluster.