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How is the current push for energy security influencing your business?

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

News and events Updates from the EIC

About the EIC

Established in 1943, the EIC is the leading trade association for companies working in the global energy industries.

View from the Top: Tengku Muhammad Taufik, President and Group CEO of Petronas

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

 

Foreword From the Chief Executive

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.

Foreword From the Chief Executive

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.

The future is safer, cleaner, cheaper nuclear energy

Moltex’s UK team of scientists and engineers is focused on the complex challenge of delivering energy that is both clean and affordable, to address climate change.

Moltex’s Stable Salt Reactor will usher in a new age of clean, low-cost energy, says Chief Commercial Officer Simon Newton

The energy transition needs virtual power plants

In the wake of wider distributed energy resources (DER) deployment, increased renewable energy capacity, and grid software advances, virtual power plants (VPPs) have gained traction in the energy i

Virtual power plants will help the world meet its net-zero emissions targets, says Dan Power at Guidehouse Insights

Unlock new oil and gas opportunities in Africa

Namibia

Increasing exploration activities is a top priority for Africa’s resource-rich countries to alleviate energy poverty, ensure energy security and drive stability in global energy markets. As African oil and gas investment rebounds in 2022 and projects put on hold during 2020 and 2021 become part of the pipeline again, significant export opportunities exist for UK companies. EIC Analyst, George Blake, spotlights five emerging markets to watch

UK can lead the way on green aviation fuels

In February 2020, Sustainable Aviation – a UK-based coalition of airlines, aerospace manufacturers, airports and other aviation-related companies – published a Decarbonisation Road-Map setting out

The UK has the opportunity to build a world-leading  sustainable aviation fuel industry, says Matt Gorman, Chair of Sustainable Aviation

Floating offshore wind: the next big thing in Asia Pacific?

There has been a remarkable transformation of energy strategy across Asia Pacific during the past year.

Floating offshore wind will open new opportunities in South Korea, China, Taiwan and Japan – but institutional and policy barriers must first be addressed, says Kevin Liu at Scottish Development International

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