What is the ideal low carbon energy mix? More questions than answers
Every country is trying to figure out how to create a secure, clean and affordable energy system. So what’s the ideal low carbon energy mix for the UK?
Deloitte
Financiers under a ‘huge amount of pressure’ to drop oil investments, says expert
A senior figure at Lloyds Banking set out the challengers for financiers of backing oil and gas during an industry event in Aberdeen on Thursday.
Collaboration key to a fair energy transition, says Shell North Sea boss
Shell’s new North Sea boss has underlined the importance of collaboration within the energy sector to delivering a fair transition.
Oil price rebound unlikely to derail hydrogen investments, say experts during Energy Voice event
A rebound in the oil price is unlikely to derail future hydrogen investments, industry experts have predicted.
UK oil, gas and chemicals: How can the sector ensure its workforce is ready for net zero?
2050 sounds a long way away but in reality, it's not.
Incentivising the hydrogen switch
With any energy transition, there is a need to bring about wholescale change, from the up, to the mid and the downstream.
Industry experts call for hydrogen incentives during inaugural session in Energy Voice series
Industry leaders have urged governments to put incentives in place to speed up the deployment and uptake of hydrogen.
Homing in on hydrogen
It is becoming increasingly clear that hydrogen will play an important role in the energy transition.
Low-carbon deals fuel the energy M&A market
As governments and corporates set ambitious targets to decarbonise, investment in low-carbon technology is becoming increasingly attractive as a core investment strategy. “Low carbon” comprises technologies that enable the energy transition.
Hydrogen, what a buzz
Hydrogen comes in a rainbow selection of colours, but will there also be a pot of gold waiting at the end?
Transition deal hailed for recognising industry’s role, but some reserving judgement
Energy sector figures have hailed the North Sea Transition Deal for recognising the oil and gas industry’s key role in the UK’s shift to net zero.
North Sea’s ‘fragile confidence’ would be undermined by exploration ban, warns industry expert
A ban on future exploration licences would “undermine the fragile confidence” within the oil and gas sector, an industry expert has warned.
OGUK report underlines need for ‘vital support’, says 30,000 job losses remains ‘reasonable estimate’
Oil and Gas UK (OGUK) has warned that the UK’s energy transition is at risk of stalling unless the industry receives “vital support” from government.
Calls for UK Government to put net zero at heart of upcoming spring budget
Westminster is being urged to ensure that plans for net zero remain a “top priority” for businesses and society in its upcoming spring budget.
Virtual Tech Showcase: Payment issues blight North Sea collaboration
Collaboration in the North Sea “has gone backwards” as companies squeeze suppliers in an effort to control costs.
Bad behaviours of previous downturn back to the fore in 2020: report
Poor commercial behaviours that blighted the North Sea oil industry during the 2014-16 downturn were increasingly on display in 2020, a new report shows.
BiFab administrator seeks buyer as it rules out immediate redundancies
The administrator appointed to Burntisland Fabrications (BiFab) has said no redundancies are planned at this stage.
Could hydrogen-powered breakfasts soon become a reality?
With talk of hydrogen-powered breakfasts as well as trains, ships and planes – have we reached a tipping point where this could become a reality?
ETIDEX: Time to start delivering low carbon projects at pace, industry chiefs say at EV event
Industry chiefs today urged governments to start delivering their net-zero objectives at pace and provide the investment frameworks needed to kick-start projects.
Anticipation builds ahead of EV’s ETIDEX event next week
Leading voices from the world of industry will get to grips with the energy transition’s biggest questions at a free online event in one week’s time.
Watch: Net zero goals a big challenge for energy companies
Deloitte UK’s Renewables Leader says there is lots to do for companies to hit their ambitious net zero targets.
Most US oil job losses in pandemic to remain
Almost three-quarters of the pandemic-driven jobs losses in the U.S. petroleum and chemical sectors may not come back before the end of next year, according to Deloitte LLP.
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.
Firing the starting pistol on countdown to COP26
World leaders were due to convene in Glasgow for the UN Climate Conference (COP26) in November for what was anticipated to be a transformational moment in the energy transition.
EY beefs up Scottish tax team
Two senior tax professionals have joined the Scottish tax team at EY in the latest announcement of growth and investment by the professional services firm.