Europe has been home to a well-established oil and gas industry for decades.
Given the region’s substantial hydrocarbon reserves and the fact that plenty of investment is taking place, it is no surprise that the Middle East is an attractive export destination. With support for fossil fuel projects ending in Europe, now is the time to look further afield for oil and gas opportunities
The global market for floating solar photovoltaic (FPV) has grown in recent years, fuelled by falling prices, decarbonisation targets and the need to conserve land and water.
Floating solar is a relatively new concept that is catching on fast in some regions, says EIC Research Analyst Nabil Ahmed
Since the 1970s, Norway has exploited the abundant oil and gas on its continental shelf, contributing to budget surpluses and the development of its sovereign wealth fund.
Norway has ambitious emission reduction targets but is not on track to meet them, says DNV’s Programme Director of Energy Transition, Sverre Alvik
The oil and gas decarbonisation debate has shifted in a more pragmatic direction during the past 12 months, largely in reaction to geopolitics and increasing anxiety over security of supplies.
Security of supply and cost of energy join emissions reduction as key drivers in the journey to net zero, says James Richardson, commercial director for UK industrial decarbonisation at Baker Hughes
The debate over oil and gas production has reignited in recent months.
Amid extreme uncertainty and volatility, oil and gas still have a vital role to play in meeting our present energy needs, says Jonathan Dyble
Following a year that was laser-focused on energy transition, 2022 has seen energy security rise to the top of policymakers’ priority lists. With yet another energy pivot, how is this change affecting EIC members? Energy Focus puts the big question to four members
About the EIC
Established in 1943, the EIC is the leading trade association for companies working in the global energy industries.
It’s been two years since you took the helm of PETRONAS amid the global COVID-19 crisis.
Tengku Muhammad Taufik talks to Energy Focus about the many sustainable diversification projects that PETRONAS is undertaking – while also, crucially, remaining true to its core oil and gas business
It’s a real pleasure to welcome Datuk Tengku Muhammad Taufik, President and Group Chief Executive Officer of PETRONAS, as our guest for this edition’s View From The Top.
In this edition Energy Focus examines the continuing role of oil and gas in the energy mix – ensuring continuity of supply during a time of conflict in Europe, and helping to smooth the transition to net zero. In light of this, boosting investment in trade and exports will be crucial for both growth and security.
In my last foreword, I voiced great concern over the invasion of Ukraine by Russia, and its impacts on the energy industry.
From the Chief Executive:
In this edition Energy Focus discusses the investment dilemma faced by the energy industry. Faced with challenges of unprecedented magnitude, from Covid-19 to inflation and a post-COP26 policy shift triggered by energy security concerns, companies are wondering where to go – and how to get there.
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