Energy Voice – Out Loud

The sound of a screeching U-turn means the UK’s windfall tax – sorry, "Energy Profits Levy" - is finally delivered, after nearly six long months of will-they, wont-they. The gang explore the potted history of the controversial policy, the impact it may have on investment and consumer energy bills, and the reaction from the UK’s oil and gas sector.

Ed also shares his experience from a string of unusual AGMs this week, featuring dancing activists, a very patient chairman, a moveable feast and a protestor who learns there is indeed no such thing as a free lunch.

Tune in for all this and more on Energy Voice Out Loud.

About Energy Voice

Energy Voice investigates and reports on what matters in global energy, helping sector leaders understand the geopolitical and economic factors underpinning current events, and giving them a view on what’s coming over the horizon. Each year, 3.4m professionals use Energy Voice as a trusted source of breaking news and insight.

For more information on how you can speak to those professionals across multiple platforms to build your brand and generate actionable business leads, visit energyvoice.com/content-services.

For a 30 day free trial subscription to the Energy Voice website and app, visit energyvoice.com/subscriptions.

Wildcat strikes broke out this week on a number of platforms in the North Sea. Allister, back in the driving seat after weeks of non-stop social engagements, took us through the restive Bilfinger workers and some of the problems industrial action poses for all involved.

Santos has potentially found a way out of its high carbon LNG project pickle in Australia with a plan to export CO2 to an end of life gas field in East Timor. With offtakers increasingly demanding progress on the emissions front, companies must listen – and find solutions.

The mood in London, at the Africa Energies Summit, was also somewhat restive, with environmentalists gluing themselves to whatever they could find in order to make their feelings known. Despite this, in the conference room, appetite for exploration seemed to ride high with positive messages around seismic plans and drilling rigs.

About Energy Voice

Energy Voice investigates and reports on what matters in global energy, helping sector leaders understand the geopolitical and economic factors underpinning current events, and giving them a view on what’s coming over the horizon. Each year, 3.4m professionals use Energy Voice as a trusted source of breaking news and insight.

For more information on how you can speak to those professionals across multiple platforms to build your brand and generate actionable business leads, visit energyvoice.com/content-services.

For a 30 day free trial subscription to the Energy Voice website and app, visit energyvoice.com/subscriptions.

With Allister still MIA, Ed, Hamish and Damon take to the floor again this week for another episode of Energy Voice Out Loud. Electrification plans in the North Sea are beginning to take shape, and not a moment too soon with the clock ticking for the industry to clean up its act.

There’s sombre tales from India where BW Offshore has come under fire following a fatality at a shipbreaking yard. NGOs are holding operators feet to the fire but it is going to take some hefty disclosure to address the problem.

Sticking on that point, Ed explores a report that exposes the emissions impact of Big Oil selling off undesirable assets. While it’s a simple, lucrative way for companies to clean up their portfolios, there are hidden consequences.

About Energy Voice

Energy Voice investigates and reports on what matters in global energy, helping sector leaders understand the geopolitical and economic factors underpinning current events, and giving them a view on what’s coming over the horizon. Each year, 3.4m professionals use Energy Voice as a trusted source of breaking news and insight.

For more information on how you can speak to those professionals across multiple platforms to build your brand and generate actionable business leads, visit energyvoice.com/content-services.

For a 30 day free trial subscription to the Energy Voice website and app, visit energyvoice.com/subscriptions.

Hydrogen has a part to play in the move to net zero, but it can also tap into the zeitgeist of energy independence. Bringing the Hydrogen – a Tracking Transition series to an end, this episode takes a look at what has changed.

Russia’s invasion of Ukraine, and the resulting disruption to energy flows, overshadows everything in the sector. Gas, for one, is no longer a cheap option erasing some of the cost differentials between blue hydrogen and green.

Daniel Grosvenor, renewables leader Deloitte UK, Grant Spence project director at Costain and Daniel Brock co-lead of Fasken’s Hydrogen Energy Advisory Team come together to talk through some of the implications of geopolitical turmoil and how hydrogen can have a part to play.

About Energy Voice

Energy Voice investigates and reports on what matters in global energy, helping sector leaders understand the geopolitical and economic factors underpinning current events, and giving them a view on what’s coming over the horizon. Each year, 3.4m professionals use Energy Voice as a trusted source of breaking news and insight.

For more information on how you can speak to those professionals across multiple platforms to build your brand and generate actionable business leads, visit energyvoice.com/content-services.

For a 30 day free trial subscription to the Energy Voice website and app, visit energyvoice.com/subscriptions.

The gang discuss buying their very own Energy Voice jack-up rig to profit from the looming supercycle. Hamish explains how oil rig day rates look set to rise as business in the North Sea experiences a resurgence. However, by how much and at what speed depends largely on FOMO – or fear of missing out.

As always, much depends on the direction of oil prices, which have surged in recent months, and the team dig out their crystal ball in a bid to project the future.

Ed also shares his insights on the latest deals in Angola that add up to just under $1 billion. While Damon looks at India’s efforts to buy heavily discounted oil from Russia.

About Energy Voice

Energy Voice investigates and reports on what matters in global energy, helping sector leaders understand the geopolitical and economic factors underpinning current events, and giving them a view on what’s coming over the horizon. Each year, 3.4m professionals use Energy Voice as a trusted source of breaking news and insight.

For more information on how you can speak to those professionals across multiple platforms to build your brand and generate actionable business leads, visit energyvoice.com/content-services.

For a 30 day free trial subscription to the Energy Voice website and app, visit energyvoice.com/subscriptions.