ISSN 2753-7757 (Online)

Search results:

Oil and gas

Offshore platforms off the coast of Scotland at sunset

2/8/2023 News

UK government green lights more North Sea drilling

The UK government is pressing ahead with oil and gas exploration plans in the North Sea, confirming it will grant hundreds of new licences in a bid to boost British energy independence and grow the economy, despite fierce resistance from environmentalists. It has also confirmed that the Acorn and Viking projects will be the UK’s third and fourth CCUS clusters.

Oil and gas

Offshore oil rig at sunrise

14/6/2023 News

Asia-Pacific oil and gas sector lags in global shift from carbon

Oil and gas players and financiers in the Asia-Pacific are failing to keep pace with their global peers in the net zero transition landscape, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA).

Oil and gas

Head and shoulders photo of David Watso

30/7/2025 Comment / David Watson

Deeper waters, shallower gains – why Rosebank and Jackdaw will not secure Britain’s energy future

The UK’s North Sea oil and gas reserves are in rapid decline and the opening of new fields will make hardly any difference to UK energy supplies or bills, or industry jobs. Their weak economic case is outweighed by the potential climate impact, argues David Watson, Principal at energy and utilities advisor the BFY Group.

Oil and gas

Offshore platform from above

11/10/2023 News

Global oil demand expected to reach record levels

Global oil demand is forecast to reach record levels in 2023, with demand expected to continue to grow each year and peak in 2035, suggests a new study.

Oil and gas

Head and shoulders photo of Fergus Green set against grey background

8/10/2025 Comment / Fergus Green

The UK’s tough new climate test for oil and gas producers

Developers of new oil and gas projects must now calculate how much carbon will be emitted during combustion of the oil and gas extracted. And this will make it difficult for the UK government to approve new projects, argues Fergus Green, Associate Professor in the Department of Political Science and School of Public Policy at University College London.

Exploration and production

drilling vessel at sea

2/3/2022 News

New African finds, projects and prospects

TotalEnergies (50%, operator) and APA Corporation (50%) have made a significant new oil and associated gas discovery at the Krabdagu-1 well, in the central area of block 58, offshore Suriname. This follows previous discoveries at Maka, Sapakara, Kwaskwasi and Keskesi, and the successfully tested Sapakara South-1 appraisal well.

Decommissioning

Jack-up rig in calm sea with sunset behind

EI Member only

29/3/2023 Feature / Nnamdi Anyadike

Decommissioning of oil and gas infrastructure to snowball

Transition towards a greener energy path will leave numerous stranded fossil fuel assets worldwide. As a result, decommissioning of oil and gas structures will be ramped up at a faster rate than simply dealing with mature assets. Nnamdi Anyadike looks at the scale of decommissioning prospects in a number of regions.

Oil and gas

Nodding donkey and oil shale project equipment silhouetted against sunset sky

EI Member only

14/5/2025 Feature / Darren Spalding,Kirsty Delaney

Emerging trends in the global oil and gas sector

The oil and gas industry is at a significant juncture. Energy companies, investors, regulators and other stakeholders are re-evaluating their strategies relating to the energy sector. Darren Spalding and Kirsty Delaney of law firm Bracewell (UK) LLP identify emerging trends shaping the industry in the short-to-medium term as the market evolves.

Sort by: