climate change

Opinion

Climate change, my daughter and me

20/01/2020

I recently addressed a room of industry leaders and when deciding what to say, I thought I'd begin by discussing one of the defining issues of our time: the dual challenge of providing more energy with fewer emissions.

Other News

EU dedicates £850bn to climate change fight

15/01/2020

The European Union plans to dedicate a quarter of its budget to tackling climate change and has set up a scheme to shift one trillion euro (£856 billion) in investment towards making the economy more environmentally friendly over the next 10 years.

Opinion

Unfortunately, facts rarely matter when it comes to the energy debate

08/01/2020

The year 2019 once again proved that oil and gas remain indispensable resources to make the world a better place.  They help to improve the lives of billions of people, many of whom would otherwise lack any access to reliable energy.

North Sea

North Sea industry transition to continue in 2020

23/12/2019

The North Sea oil industry has been in transition for some years following the collapse of oil prices in late 2014.  Large cost reductions have been painfully achieved.  Production has increased due to a combination of new fields coming on stream plus a substantial increase in production efficiency to around 75%.  But new field investment expenditure has fallen dramatically since 2015 and exploration remains at a relatively low level reflecting principally the maturity of the province as well as oil and gas prices far below their pre-2015 levels.