Part of the A96 closed after heavy snow overnight

Oil bosses to put decarbonisation ‘at heart’ of spending despite weakening confidence – DNV GL report

Oil companies will put decarbonisation “at the heart” of investment plans this year as factors like the climate emergency knock the industry’s confidence, according to a new survey.

BP CFO Gilvary to retire after 34 years at firm, successor named

BP’s chief financial officer (CFO), Brian Gilvary, is to retire after more than three decades at the firm.

Nearly half of fossil fuel bosses ‘believe gas and renewables are competing’ – DNV GL report

Almost half of senior bosses in the fossil fuels industry “believe gas and renewables are competing against each other”, according to a major new survey.

IEA spells it out – Big Oil must make the Great Transition

Big Oil doesn’t have a choice; either it gets serious about the necessary transition to low carbon energy or mounting public fear fuelled by the impacts of the deepening climate crisis will eventually force drastic change.

Finalists announced for the 34th Offshore Achievement Awards

The finalists for this year’s Offshore Achievement Awards (OAA) have been announced, with record entries submitted across a number of categories.

Let’s leave North Sea ‘small pools’ in the ground

I was recently reminded of a new year’s resolution that I made some years ago – one which I’m successfully keeping to this day. Back then, I committed to making the transition towards a greener, more sustainable personal lifestyle. But here’s the clever bit: I figured it would also be OK to carry on pretty much as before with all my current behaviours. So, no really big changes required and certainly no tough decisions to make. Now, maybe it’s just me, but expecting the oil industry to get right behind the energy transition whilst sticking with MER does feel kind of similar.

Shell making progress on Jackdaw plans

Shell has reached another checkpoint on the way to developing the Jackdaw field in the central North Sea.

Oil slides on over supply as Europe mulls Libya action

Oil fell below $65 a barrel as ample global supplies offset the loss of exports from Libya, while Europe considered a military mission to help enforce an arms embargo and a potential cease-fire in the OPEC producer.

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