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CMS

Opinion

HSE: An increased cost recovery on the horizon

Regulation of safety in the energy sector is uniquely challenging in high-hazard environments, particularly with increasing pressures to innovate to achieve the transition to net zero and provide energy security.

Promoted

Divesting oil & gas assets – is it ESG?

The importance of ESG within the energy sector continues to be a headline topic and one which for oil and gas companies needs to form part of their business strategy as to how they contribute to the economy and society in which they operate.

Promoted

INTOG gives Scotland a chance to lead by example

In August 2021 Marine Scotland released “The Offshore Wind Energy for Innovation Projects and Targeted Oil and Gas Decarbonisation (INTOG) Planning Specification and Context” report for public consultation. Within a year , Marine Scotland had identified areas it considered suitable for such developments and on August 10, 2022 the INTOG leasing round opened for applications, closing on November 18.

Opinion

ESG: The ongoing importance

Companies active in the energy sector would not be blamed for losing sight of their ESG strategy in 2022; the energy industry’s pre-COP 26 focus on climate-change action has been somewhat superseded by the race to balance the energy transition with security and affordability of supply.

Opinion

Energy cost crisis likely to fuel climate activism

A judicial review decision in Scotland’s Court of Session over the summer provides further evidence of a growing wave of post-COP26 challenges to governments over their commitment in delivering on net zero pledges.

Europe

Energy Transition: a commentary from Norway

For the last few decades the ONS conference in Stavanger has focused on the energy industry’s direction from the perspective of North Sea exploration and production business – this year, ONS 2022 will focus mainly on energy transition.

Opinion

UK Windfall tax: a closer look

It is expected that the legislation introducing the new energy profits levy – better known as the windfall tax – will pass through parliament later this month, before taking effect from when it was originally announced 26 May.

CCS

The energy trilemma – the role of CCS and hydrogen

The energy trilemma: mentioned in almost every session at last month’s OEUK Industry Conference held in Aberdeen, the balancing act between security & reliability of supply, affordability and sustainability is clearly at the forefront of industry considerations today.

Opinion

Legal implications of the Russian invasion of Ukraine for the oil and gas sector

Before any discussion of how the invasion of Ukraine by Russia is impacting our sector, we must first acknowledge the devastating effects on the people of Ukraine of the indiscriminate shelling of civilian targets, the war crimes being perpetrated by Russian troops and the massive displacement of the population both within and beyond Ukraine, which is something most of us have never seen in Europe in our lifetimes, as well as the enormous courage and resilience of the Ukrainian nation. 

North Sea

National security and oil industry mergers

The war in Ukraine has caused many businesses to rapidly reassess projects in Russia, involving Russian nationals with ties to the Kremlin or the importation of Russian goods. This may stem from an ethical or reputational perspective, or to ensure compliance with sanctions.