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The UK Government is following a road map to net zero carbon emissions by 2050.  This plan anticipates a prohibition on the sale of new internal combustion engine vehicles in the UK by 2035. This will mean that the UK Government revenue from fuel duty and vehicle excise duty, some Read more…

The governments which have signed the UN Framework Convention of Climate Change (UNFCCC) meet annually to discuss how to jointly address climate change at a Conference of the Parties (COP). The COP21 in Paris in 2015 concluded an international treaty, the “Paris Agreement”, which aims to keep the rise in Read more…

The history of the development of the UK North Sea reveals the influence of “first mover” companies who made early investments in oil & gas export pipeline infrastructure.    Shell & Exxon dominated activities in the Northern North Sea after leading investment in the Brent System and FLAGS gas line. Read more…

Tunisia, a country in North Africa with 11.5 million people, is facing difficult times. An energy balance deficit has grown over the past decade and is now at 50% of total energy consumption.  Tunisia is heavily dependent on imported petroleum.  It is struggling to unlock its remaining conventional hydrocarbon reserves Read more…

The global oil demand of 100 million barrels a day dropped 10-15% due to the COVID-19 pandemic.  This has resulted in oil prices plummeting to low levels in the $20-40 per barrel range, remarkably even below zero on one day in April 2020, not seen since the downturns in 2015 Read more…

Algerian officials shared the detail of the 2019 Algeria Hydrocarbon Law to a large audience in London on 17 January 2020.   The pitch was as follows:    There is a lot of oil and gas in Algeria.  Mr Abdelmajid Attar, consultant, former CEO of Sonatrach and former  Minister of Water Read more…

Reports of a new supergiant oil discovery with 53 billion barrels oil-in-place in the Khuzestan region of Iran is of major significance for the global petroleum industry.  We are used to international oil companies announcing discoveries in different parts of the world with great fanfare, but this announcement, by the Read more…

The mood of the Iraq Petroleum 2019 Conference held in London on 27-28 June 2019 was optimistic. Iraqi Minister of Oil H.E. Thamir Ghadhban outlined his ambitious aims for Iraq as: End energy imports to Iraq – Iran gas is imported in summer to meet domestic needs; Establish three Iraq Read more…

There is a clear need for immediate new housing investment in the health and care sectors in the United Kingdom. An excellent presentation by Metropolitan Thames Valley, a market leader in the provision of National Health Service (NHS) staff accommodation, set out the needs of London at the Healthcare Show, Read more…

Extinction Rebellion protesters blocked streets in London in April 2019 challenging the UK political system to fix global climate change.  A new report “Net Zero, The UK’s contribution to stopping global warming” sets out an extraordinary plan.  The report issued on the 2 May 2019 calls for the UK to Read more…