Cambo: A year since Shell decided not to invest
Its more than a year since Shell (LON: SHEL) said it wouldn't invest in the Cambo oilfield, but as the project approaches a green light, the firm is weighing whether to stick or sell up its stake.
COP26
Finding the right balance with organisational culture
The perception that every company working in oil and gas enjoys inflated margins is a myth that needs to be dispelled, writes ASCO's Peter France.
Sharma: Government must explain how oil and gas is in line with net zero
The Government must "explain and demonstrate" how new oil and gas exploration is in line with its climate commitments, Cop26 President Alok Sharma said.
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.
Regulator buoyed by interest in Faroe Islands oil and gas prospects
For a nation with no producing oil and gas assets, the Faroe Islands is not short on ambition.
Vysus Group Business Breakfast: Navigating through the energy trilemma in uncertain times
Vysus Group, in collaboration with the Energy Industries Council (EIC), is pleased to announce our upcoming business breakfast on Wednesday 21 September.
Shell position on Cambo ‘hasn’t changed’, despite reports to the contrary
There has been no change to Shell’s stance on Cambo and it still has no intention to progress the field, the company’s chief executive has confirmed.
G-7 edges closer to ditching pledge to end fossil-fuel financing
The Group of Seven is moving toward reversing a commitment to halt the financing of overseas fossil-fuel projects by year’s end, a proposal now viewed favourably by most members, according to people familiar with the matter.
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.
Energy security ‘still trumps’ sustainability, says RenewableUK CEO
Recent months have underlined that energy security "still trumps" sustainability in the minds of politicians, the head of a trade body has claimed.
UK North Sea sees chance for political reprieve in energy crisis
Six months ago, UK North Sea oil and gas faced the bleakest outlook in its 50-year history.
Shell and Siemens Energy deliver ‘uncomfortable truths’ on natural gas at All-Energy
Industry leaders delivered what they termed “uncomfortable truths” on the use of natural gas in the UK at a major renewables and low-carbon industry event this week.
‘Not so turn off and onable’
Back in the 1990s, a talking tortoise advertised power for British homes, with the famous slogan 'it's got to be easily turn off and onable.'
AGCC launches ‘most significant’ survey yet of North Sea energy sector
Aberdeen and Grampian Chamber of Commerce (AGCC) has said it has launched what is expected to be its "most significant" survey yet for the offshore energy sector.
Bigger Faster Better #2: The future of hydrogen in the UK and UAE
The second episode of Bigger Faster Better explores the future of hydrogen and compares how this crucial low-carbon technology is developing in the UK and the United Arab Emirates (UAE).
Aberdeen: Training for tomorrow
In the wake of COP26 in November last year, the need for a skilled and well-trained workforce to deliver the transition to renewable energy has been recognised globally.
Boris Johnson wants ‘climate pass’ for gas industry to wean West off Russian supply
Boris Johnson wants a “climate change pass” for the gas industry to wean western countries off supplies from Russia.
The fight against climate change: No time to sit tight and assess
Despite COP26 talks, last year saw renewable growth fall to its lowest level since 2010, with these figures falling every year since 2015. If the UK is to hit its 2050 net-zero targets, Government and businesses must ensure that they uphold the COP26 pledges throughout 2022. With the UK’s ambitious targets to cut emissions by 78% compared to 1990 levels, and ensure all electricity comes from clean sources by 2035, tougher policies are needed to make sure that the country does not falter in its commitments to meet the 1.5C global warming target.
‘It felt like a body blow’: Shell CEO reflects on 2021
Shell CEO Ben van Beurden has reflected on a turbulent 12 months for the company, which have seen court rulings, massive shareholder dividends and a permanent move to the UK.
Aftermath of COP26 questions future of fossil fuels finance and what’s next for renewable energy investing
The COP26 climate conference in Glasgow should have made uncomfortable viewing for fossil fuel executives.
A bumper year for AREG: 2021 in review
As AREG approaches its 20th anniversary supporting renewable energy projects and supply chain members transition from oil and gas to the renewable energy sector, there has been an increasing sense of urgency around climate change and the need to transition from fossil fuels to renewable energy, as well as widespread government and community interest around COP26 in November.
Namibia aims to cash in on hydrogen plans
Namibia will receive N$100 million ($6.3mn) in concession fees from its preferred hydrogen bidder this year, President Hage Geingob has said.
Oil and gas dealmakers row against the tide
As the curtain falls on 2021, a year largely dominated by the three Cs – Covid, COP26 and Cambo – we’re seeing strong energy market fundamentals underpinned by high commodity prices which would usually signal greater optimism for the year ahead.
We must look to energy consumption to guide action in 2022
We frequently read and hear that we live in the age of disruption.
Beyond COP26: A technology-driven future for Scotland
Developing and deploying technology at scale will help us achieve climate goals whilst fulfilling energy demand and, if done right, create jobs and export opportunities for Scotland.