By Barney Smith It cannot have been much fun. The authoritative French newspaper, Le Monde, in the edition of 25 August had an editorial, as well as two pages inside and the front page headline, all saying essentially the same thing, TotalEnergies’ Gas is fueling Russian Bombers in Ukraine. The front page headline makes the [...]
By Barney Smith The world-wide price for Oil and Gas has gone up a lot in the last year. The almost inevitable effect on Shell, the largest European Oil and Gas producer, and BP, the other, slightly smaller, British major is huge, almost too huge, profits. For it is the world-wide price which has been [...]
By Barney Smith The 71st BP Annual Statistical Survey was released in mid-year, as last year. It is important to be clear that the BP Statistical Survey is not a single company’s forecast of how the situation might be, it is rather the best available cumulative “snapshot” of 2021 and how its prospects and challenges [...]
By Barney Smith On 29 June 2022, the Global Wind Energy Council(GWEC) released its latest Annual Offshore Wind Report. Inter-alia, it chronicles the growing disparity between the considerable improvements in off- shore wind during the year (2021 was actually the best year ever) and the demands of those who would rather measure the world’s reaction [...]
By Barney Smith We are told that electric vehicles form a greater and greater percentage of the motor fleet in the UK and that this “proves” that the electric revolution is unavoidable and inevitable. The electric revolution may indeed turn out to be inevitable. But the trend towards electric vehicles needs to be kept in [...]
By Barney Smith Abu Dhabi’s inaugural Electric Vehicle (EV) Innovation Summit took place between 23 and 25 May, 2022. The country is keen to advance its sustainability agenda ahead of hosting COP28 in 2023.Last year the United Arab Emirates(UAE) become the first GCC nation to introduce a net-zero carbon emissions target, pledging to achieve this [...]
By Barney Smith Like BP and Shell, Totalenergies, the French Oil and Gas major, is engaged in transforming itself from an international oil and gas company to an integrated energy company. Like BP and Shell, it holds its AGM in May, on the 25th to be precise, in France of course. At first blush, the [...]
By Barney Smith For the reasons given in our analysis of the Shell results for 2021 (Greenbarrel of 4 May), AGMs of large international oil and gas companies are now of still greater importance than ever. The AGM of BP is on 12 May and the meeting will in theory be concerned with 2021, considering an in-house document [...]
By Barney Smith It is often said that the only people who really have the money to make the sort of difference necessary to achieve what change the climate requires are the Oil and Gas companies, like Shell, TotalEnergies and BP. If so, it follows that the outcome of their meetings become even more crucial. [...]
By Barney Smith In April 2022, the Prime Minister released a 31-page document entitled “British Energy Security strategy.” It perhaps makes most sense as a follow-on to the ten-point plan put forward in November 2020. It takes into account both the latest news of the Russian invasion of Ukraine and the most recent report on Climate Change by [...]