Scotland in top position to benefit from shift towards net-zero economy
Scotland is seeing the highest demand for “green jobs” than any other part of the UK according to new findings from PwC.
PwC
UK missing power opportunities on transition requirements
The UK’s decision to restrict export funding for overseas energy projects is harming the country’s own suppliers, while not having an impact on hydrocarbon use.
NNPC auditor repeats going concern worries, despite 2020 profit
Nigerian National Petroleum Corp. (NNPC) reported a profit for 2020, but there are challenges ahead.
IPCC report ‘must sound a death knell’ for oil and gas, says UN head
An “alarming” new report setting out the impact of climate change on the planet should spell the end for oil and gas, according to a senior international figure.
Growth of hydrogen economy hangs on solving ‘chicken and egg’ dilemma, says report
The development of a global hydrogen economy relies on industry and governments overcoming a “chicken and egg” dilemma, according to a new report.
Report slams UK energy sector for ‘alarming’ lack of progress on gender diversity
The UK energy sector has been warned that an alarming lack of progress on gender diversity in its senior ranks threatens to derail its transition to net-zero.
Oilfield service firms at ‘strategic crossroads’ as energy transition accelerates, PwC says
Oilfield service (OFS) companies must decide now whether they are going to stick with hydrocarbons or pivot to low-carbon, a new report said.
Carbon tax failing to tackle South African emissions
South Africa’s carbon tax fails to provide a sufficient deterrent to emitters, PwC has said in a recent report.
Stark diversity dearth
In the coverage of Chrysaor’s reverse takeover of Premier Oil, the chief executive of a Tanzania-focused E&P firm with no skin in the game of that deal might not have expected to get a mention.
Big increase in women in energy firm boardrooms
New figures show a large jump in the number of women in boardroom roles in the UK energy sector.
Covid crude price crash gives oil firms ‘years, not decades’ to reshape, PwC says
The Covid-inflicted oil price crash has left oil and gas companies facing two distinct choices, a new report said.
Planning for the upturn is crucial for oil firms, PwC says
A professional services giant will warn the oil industry that sweeping redundancies could ruin companies’ chances of cashing in when market conditions start to recover.
XR broadens target list for 2020
Extinction Rebellion is broadening its list of targets to include financial services and the media in pursuit of its environmental goals.
Norway’s NPD recovers ‘most of’ £1.5million stolen by fraudsters
Norway’s oil and gas regulator has recovered “most of” a £1.5million sum stolen last year by fraudsters.
Angolan leaks put Isabel dos Santos in the crosshairs
The disclosure of a cache of company information has brought further scrutiny to Isabel dos Santos, who is already under investigation in Angola.
Huge appetite among the Scottish workforce to evolve in-step with automation
Government and businesses are being urged to prepare for reskilling workers at risk from automation as almost half of the Scots population said they feared their jobs were at risk.
KPMG to move 140 staff to Aberdeen’s Marischal Square development
Another “Big Four” global accountancy giant has chosen Marischal Square as the new home for its Aberdeen office.
Private capital from afar to play greater role in North Sea growth as sentiment darkens
The UK North Sea will welcome more cash from overseas to bridge the gap left by traditional investors who are turning their backs on oil and gas, a new report said.
North Sea can be energy transition front-runner, report says
The UK North Sea has the tools to be a front-runner in the energy transition, a new report said.
Aberdeen and Inverness ranked among top 10 cities to live and work in UK
Inverness and Aberdeen are ranked top in Scotland, and among the top 10 locations overall in league tables of the best cities to live and work in the UK.
PwC appoints new UK energy lead
Multinational professional services firm PricewaterhouseCoopers (PwC) has announced a new energy sector lead for the UK.
New study predicts greater energy efficiency as global economy grows
A new report has found a link between economic growth and greater energy efficiency.
North Sea operators stockpiling vital kit ahead of Brexit, say PwC
The U.K. will leave the European Union on March 29 and so far there’s no agreement to replace the rules and regulations that govern vital trade between Britain and the rest of the world. If a no-deal happens, here’s what it could mean for the country’s energy industry.
PwC to hire 120 new staff this year
Global professional services giant PwC is embarking on its largest ever recruitment drive in Scotland.
Energy firm Yu appoints experts to look into accounting irregularities
Gas and electricity supplier Yu Group has appointed PwC and DLA Piper to examine its books after the firm uncovered accounting irregularities.