EVOL: Rosebank, the Philippines and wads of cash

Summer holidays have thinned Energy Voice’s ranks during a busy week for oil, gas, LNG, and everything in between. After much speculation, it seems Rosebank is a goer, and Equinor has the documents to prove it. A major report laden with economic and employment treats arising from the North Sea field has also been released.  

There’s a thrilla in Manilla as the Philippines new president sets about meeting rising demand for electricity.  AG&P’s new LNG terminal, due online this December, could go some way to helping that.  

And BP has become the latest oil giant to post and eye-watering set of financials, sparking anger as households struggle to cope with rising energy bills. But is it right that energy companies are receiving the lion’s share of the backlash? And what would Groucho Marx think about it?  

 

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