The oil and gas industry is “not doing enough” to fight climate change, according to the UK Government’s top adviser on the issue.
The cacophony around Cambo could throw a “huge spanner” into the works with regards to investment appetite in the North Sea, an industry expert has said.
Spend on projects in the UK North Sea is expected to top £20 billion over the next five years, a flagship study has revealed.
Bosses from all corners of the energy sector have shared their thoughts on the UK Government’s flagship Hydrogen Policy.
BP CEO Bernard Looney will headline the upcoming Oil and Gas UK (OGUK) annual conference.
Former Conservative prime minister Harold Macmillan’s "middle way" and New Labour’s "third way" describe an approach that seeks to occupy the "radical centre" between two extremes.
BP has announced plans for what it described as the “UK’s largest” hydrogen project.
UK jobs and companies would “pay the price” if ministers agreed a ban on new North Sea exploration, according to a senior industry source.
The UK’s leading oil and gas industry trade body has said any potential ban on new exploration in the North Sea would put the country’s net zero future at risk.
The plan from Presidential hopeful Joe Biden plan to “transition” away from oil and gas “does not sound very revolutionary”, according to an Aberdeen University professor.
When developer ERM decided Aberdeen would be the home for Dolphyn, its world-first floating green hydrogen project, it said “it will put Aberdeen on the map”.
UK Government environmental standards among ‘highest in the world’ after accusations it neglected North Sea methane leak
The UK Government has said its environmental standards are “among the highest in the world” after allegations it has neglected a methane leak for 20 years.
The Deepwater Horizon disaster forced the UK North Sea to “sharpen up its act”, reminding the sector of the “consequences of getting things wrong”, according to industry leaders.
The UK oil and gas sector must be alive to the threat of rising costs in its quest to become the global expert in cost-effective decommissioning, industry experts have warned.
If necessity is the mother of invention, the Committee on Climate Change’s “Net Zero – The UK’s contribution to stopping global warming” report should spur a jump-start for the carbon capture, usage and storage (CCUS) industry in the UK.
Ineos’ investment in the Forties Pipeline System (FPS) was hailed as a show of faith in the North Sea’s future by industry leaders.
Industry body Oil and Gas UK (OGUK) said today that rules governing offshore decommissioning were "right, at this point in time".
Reforming the decommissioning tax relief system would create a “sweet spot” for the UK Government and the oil and gas sector, an industry expert has said.
Oil and gas industry woes have created a potential skills crisis for North Sea decommissioning, an expert has warned.
A study of nearly sixty major North Sea oil and gas projects has shown that they are typically late and significantly over budget.
The interim chief executive of Opito told MPs yesterday the UK Government’s new apprenticeship levy will have “unacceptable” implications for Scotland’s oil and gas sector.
Two major new milestones for the beleaguered UK North Sea oil and gas industry have highlighted resilience in the face of a downturn.
Industry body Oil and Gas UK (OGUK) has published a blueprint for cutting development costs for so-called small pools in the North Sea by up to 25%.
Industry needs to get “bolder and scarier” if it is to unlock the potential of the North Sea’s marginal fields, an industry chief has said.
The global oil and gas industry is facing a glut of new-build assets with no contracts in place for their use, the boss of an Aberdeen-based energy service firm has warned.