Opinions

We regularly publish opinions on the benefits of oil and gas, with contributions from industry professionals as well and IOGP staff.

Bosphorus reflections

By Gordon Ballard, IOGP Executive Director  Recently back from the World Petroleum Congress (WPC) in Istanbul, I’ve been thinking back on both its setting and the themes that emerged. Just over a century ago, Istanbul (then Constantinople) was the capital of an empire that encompassed what are now several of …

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EuroMUN – bringing together future world leaders

They say ‘travel broadens the mind’. I truly believe this is the reason why hundreds of students traveled from different corners of the world to the southernmost city in the Netherlands – Maastricht –  where they took part in the 10th European Model United Nations – EuroMUN.

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Pricing carbon to help address climate change

By Paul Jefferiss, Head of Policy, BP Sometimes climate change can seem to be a bit like the weather.  Everybody talks about it, but nobody seems able to do much about it. With climate change, however, that perception is wrong.  In fact, there’s been considerable progress in developing government policy …

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Water energy nexus (water energy what?)

The recent Global Water Day made me think – as it was meant to do – about the vital role of water in all of our lives. The International Energy Agency (IEA) was obviously also moved, since they used the day  to launch a report  called Water Energy Nexus.   …

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40,000,000 customers can’t be wrong

As a kid, I used to survey my old uncle’s vinyl records collection whenever we visited him in the countryside. The album cover that really impressed me was one labelled 50,000,000 Elvis fans can’t be wrong. I thought about this recently when I read German chancellor Angela Merkel’s keynote speech …

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Fuelling the future: more gas, more oil and more renewables

For most of the world, January marks new beginnings. For me, it’s more about tying up any loose ends after months of intense analysis and number-crunching.   That’s because my team and I are responsible for producing BP’s annual Energy Outlook.  This year’s report, which we published at the end of …

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Fixing a paradoxical twist in the EU carbon market

IOGP is a supporter of the European Union’s carbon market, the Emissions Trading Scheme. A market-based mechanism is the most cost-effective way to reduce emissions and address the climate challenge. That’s why we have been closely following the reform of the ETS, which is being discussed as I write. The …

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Electric Vehicles & Internal Combustion Engines: We need both

From what you read and hear, you might think that the end of the internal combustion is imminent. It isn’t.  And here’s why: Despite the hype, most people don’t choose to drive electric vehicles.  Even in Europe, where the social and economic pressures to reduce emissions are keen, only 0.15% …

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The time is up on climate change

Towards the end of last year, I went for the first time to the International Conference on Greenhouse Gas Control Technologies (GHGT), an event that brings together worldwide experts on greenhouse gas control technologies. The main topics of discussions were around capture technologies, storage options and progress in commercial and …

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