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Six of Europe’s largest oil firms have called for the introduction of a connected carbon pricing system. We ask whether the rest of the world is keen to follow Europe’s lead.
Also, we find out more about Ecopetrol, the Colombian state-controlled producer, and its profit tumble, find out why the World Bank and other partners in the Global Gas Flaring Reduction Partnership are trying to eradicate gas flaring by 2030, and take a closer look at the seismic survey debate.
Moreover, we speak to drone developer, Sky Futures, to find out more about its aim to transform offshore inspections and, finally, we find out why so many oil and gas megaprojects are running over budget.
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By GlobalDataIn this issue
The Price of Carbon
Six of Europe’s biggest oil firms have publicly called for the UN and world governments to introduce connected carbon pricing systems. Is the rest of the world ready to follow Europe into the spotlight? Chris Lo investigates.
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Considering Colombia
Hit hard by the heavy fall in oil prices, Colombia’s state-controlled producer, Ecopetrol, has seen its profits tumble. As the commodities market shows no sign of improving, Heidi Vella-Starr asks, what can Ecopetrol do to boost its profits.
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The Road to Zero
The World Bank and several of its partners in the Global Gas Flaring Reduction Partnership (GGFR) aim to eradicate the environmentally harmful practice by 2030. Julian Turner finds out more.
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Sound of Science
Seismic surveys have hit the headlines in recent months; conservationists claim they are detrimental to marine life, whereas regulators believe the impacts are "minor to negligible." Elly Earls finds out who has the research to back up their claims.
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Inspector Drone
Fresh from securing $1m in investment, drone developer Sky Futures has set its sights on transforming offshore inspections. Adam Leach speaks to Sky Futures CEO, James Harrison, to discuss the company’s plans for the future.
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Mismanaged Megaprojects
A new report by Ernst & Young has found that 64% of oil and gas megaprojects are facing cost overruns. With oil majors under competing pressures to cut costs, Adam Leach asks why is spending seemingly out of control.
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Next issue preview
Shell is ready to take the Arctic plunge again but how will the company perform during this all-important summer campaign?
In the next issue, we ask can Libya’s offshore sector provide a safe haven from the raging civil war, analyse information released relating to the approval of fracking in the Gulf of Mexico and look at how working in offshore oil impacts families and communities.
Moreover, we find out more about the potential for satellite imagery and GIS data to transform pipeline route planning, and, finally, we speak to the authors of a report on injecting carbon dioxide to enhance oil recovery from existing North Sea fields.
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