Opinion

Don’t let Covid derail decarbonisation

Responding to the 2021 Budget, OFTEC chief executive Paul Rose said: “The Chancellor didn’t hold back in outlining the financial toll the Covid-19 pandemic has taken on the UK economy, so it’s perhaps not surprising there were very few new Read more »

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Budget provides welcome clarification on oil and gas decommissioning

Derek Leith, EY’s global oil and gas tax leader comments on today’s Budget: “It would be an unusual Budget if the Chancellor didn’t find some space for an oil and gas measure: oil and gas has only been absent from Read more »

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Oil and gas industry welcomes Chancellors’ Budget

Deirdre Michie

The UK oil and gas industry has welcomed some of the measures announced by the Chancellor in today’s Budget, adding that now close cooperation with the sector is essential to maximise its world-leading expertise and assure a successful green energy Read more »

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E10 to fuel UK’s journey to net zero

Today’s announcement that the UK Government will mandate the introduction of E10 fuel – petrol containing up to 10% of sustainable bioethanol, from September this year – has been welcomed by the industry with open arms. Ken Cronin CEO of Read more »

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UKPIA welcomes Government’s E10 announcement

UKPIA welcomes the UK Government announcement today that mandates higher ethanol content petrol – E10 – following consultation and will continue to seek close government-industry partnership on the rollout of the policy to enable a seamless transition for all consumers. Read more »

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OGUK responds to Shell’s net-zero pledge

Commenting on Shell’s pledge made on 11th February, to accelerate the drive for net zero emissions, OGUK sustainability director Mike Tholen said: “It is an exciting time for the country’s oil and gas industry as we see companies including Shell Read more »

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CILT’s 21-point plan to achieve net-zero by 2050

The Chartered Institute of Logistics and Transport (CILT) believes that “we can achieve net-zero by 2050” through a range of measures recommended to government and others in its latest report, Routes to Net-Zero 2050: 2020 Year End Summary. The report Read more »

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Stick or Twist: oil services have crucial choices to make as energy transition accelerates

Oil services companies can no longer delay making a choice on their future direction according to the latest report from PwC Strategy&, called ‘Time to Choose’. The options are to stick with their hydrocarbon heritage; becoming ultra-efficient and digitally enabled Read more »

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Oil & gas: embracing the digital future

The Covid-19 pandemic has definitely affected all existing industries and sectors on the planet — and oil and gas are not different. However, this doesn’t mean that the crisis has not presented some opportunities for crucial industry decision-makers. For instance, Read more »

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How the oil & gas industry can maximise energy transition opportunities

Enhancing collaborative culture within the offshore oil and gas industry is not only key to maximising the potential of its existing world class supply chain but could also unlock future activity in the UK Continental Shelf (UKCS) and be key Read more »

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