‘Security of supply is back in vogue’ – OGA chief defends North Sea during speech in London
The chairman of the Oil and Gas Authority (OGA) underlined the importance of the North Sea to the energy transition during an event in London yesterday.
Committee on Climate Change (CCC)
‘I wouldn’t put money into ExxonMobil’ – Top climate adviser takes aim at US supermajor at Aberdeen event
Committee on Climate Change chairman Lord Deben took a swipe at oil and gas giant ExxonMobil (NYSE: XOM) during an event in Aberdeen yesterday.
Oil and gas industry warned it needs to become ‘wholly different’ as CCC releases landmark net zero report
North Sea oil and gas firms are being warned they will need to become “wholly different” if they want to retain their position in the structure of the UK’s economy.
Fifth of North Sea jobs could go by 2050 without ‘urgent investment’ in net zero solutions, says OGTC report
The number of jobs in the North Sea energy sector could fall by 20% in the coming years without “urgent investment” in offshore net zero solutions.
Cost of decarbonisation has fallen in last year, according to Committee on Climate Change
Costs involved with decarbonising the UK’s economy to net zero have fallen in the last year, according to the Committee on Climate Change (CCC).
Committee on Climate Change to publish net-zero blueprint in December
The Committee on Climate Change (CCC) has announced plans to publish a blueprint before the end of the year laying out the path for the UK to achieve net-zero.
Energy Institute: UK is ‘way off track’ for net zero by 2050
Britain is “way off track” from meeting its 2050 net zero target, according to the Energy Institute.