Opinion

Opinion

UK signals more assertive sanctions regime – Implications for the energy sector

There are signs that the UK’s sanction regime is poised to become more aggressive following the disentanglement from the EU. The close of the Brexit transitional period on 31 December 2020 marks the end of the UK’s obligation to enforce EU sanctions. From 1 January 2021, the UK’s sanctions regime will be independent, with sanctions imposed pursuant to a new framework introduced under the Sanctions and Anti-Money Laundering Act 2018 (SAMLA). It is important that UK companies, including those in the energy sector, anticipate the UK’s changed regulatory landscape and are aware of the potential for new sanctions in due course.

Opinion

How to show resilience in a competitive jobs market

The last six months have been some of the most difficult in living memory. With COVID-19 set to cast a shadow for some time yet, many firms will be taking a more cautious approach to recruitment – focusing on hiring those able to help build vital resilience into the business.

Coronavirus

The key lessons to running an oil company from home

The COVID-19 pandemic has triggered one of the most disruptive periods on record for energy markets, with almost a third of global oil demand wiped out as millions stayed home amid lockdown measures and travel bans.

Opinion

A new normal for energy?

COVID-19 has changed the world in many ways and energy hasn’t been excused. In early 2020, there was a perfect storm of excess supply and massive reductions in demand. Since then, the market has become far more balanced and the oil price seems to be tightly bound in a narrow price range.

Opinion

Trump attempts to swing wrecking ball

I like this. Despite Donald Trump’s vitriolic hatred of turbines. In August, more than 100 governors, mayors and government officials across 40 American states declared their support for the wind industry during American Wind Week 2020.

Opinion

How we respond to challenges will define us

As we head into the autumn with renewed uncertainty on how the coronavirus pandemic will manifest, and continued concerns for our families, our community, our businesses and the economy it is a constant reminder that change is the norm like never before.

Opinion

Tackling flaring: Lessons from the North Sea

The North Sea represents some of the best-in-class and most innovative work of the oil and gas industry. Here, significant progress in reducing gas flaring is already making a vital contribution towards delivering “net zero”, and Norway stands out as genuinely world-class.

Opinion

Are we punching our weight when it comes to fighting climate change?

The infamous heavyweight boxer Mike Tyson once said, “everyone has a plan until they get punched in the mouth”. Perhaps the same could apply to the national net-zero plan - a  strategy that appears lost in what most will agree are the more sudden and painful issues of Brexit and the Covid pandemic?

Opinion

Hydrogen is going global – fast

As most science nerds will know hydrogen is the most abundant element in the universe. It’s everywhere we look although the vast majority is out of reach until we develop the ability to travel at warp speed. Yes, I admit it. I am a Star Trek fan.

Promoted

Which way to decarbonisation?

The transition towards a clean energy future has begun. Following on governments’ footsteps, many leading energy companies are publicly announcing their commitments for 2050. These commitments include targets to reduce greenhouse gas emissions, lower environmental impact and mitigate climate-related risks associated with their business activities. While these targets are for the long term, most companies have started to develop and execute near-term action plans to ensure they progress toward their stated goals. At the same time, they are assessing the risks and opportunities arising from their plans and seek to understand the impacts on their operations and markets.

Opinion

Net zero by 2050 and climate change

The European Union is committed to achieving net-zero emissions by 2050. To support this, Brussels plans to create a €225 billion green bond as part of a shift towards cleaner economies.

Opinion

The rise of the energy freelancer

Using freelancers has been common practice, particularly among the creative industries, for many years. When you can’t find, can’t afford or don’t need specific skills full-time, the freelancer can provide the perfect solution. In fact, even if you can find and afford in-house employees, freelancers still present an attractive option because they can bring certain expertise when you need it most.

Opinion

Onshore repowering can benefit wider economy

Earlier this year the UK Government announced that onshore wind would be eligible to compete in the fourth Contracts for Difference (CfD) allocation round in 2021, a welcome outcome which will help ensure onshore developments will play a prominent role in the ‘green recovery.’