Europe’s upstream comes under pressure [NGW Magazine]
Apr 2, 2021 7:15:am
Summary But the need for oil and gas in the coming decades will put the UK in a strong position for the net-zero carbon future, regulatory conditions permitting. [NGW Magazine Volume 6, Issue 6]
by: William Powell
There is a tension between the social pressures driving a number of European governments to set dates for achieving net-zero carbon economies on one hand, and the advantages of producing more oil and gas at home on the other.
The focus on environment, social and governance (ESG) issues has risen far up the agenda of banks and investors. Shareholders too are becoming increasingly active.
UK E&P Economic Report Paints Bleak Picture
Mar 16, 2021 12:05:am
Summary But there have been some early gains and the recovery in commodity prices will also yield results if it holds.
by: William Powell
The UK upstream faces a very difficult time unless the government can provide vital support for the sector, according to the industry group Oil & Gas UK (OGUK). Securing and sustaining investment in the sector is critical if the UK is to quickly realise a net-zero future, it said March 16 .
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