Friday Nov 01, 2024
EVOL: Halloween budget scare, hydrogen buzz and Big Oil results
This week, Chancellor Rachel Reeves delivered the Labour government’s first budget since taking office amid intense scrutiny from the North Sea oil and gas sector.
Kicking off this week’s episode, Energy Voice’s Erikka, Ryan and Mat unpack what it meant for the UK energy sector and the reaction from the offshore industry as Reeves confirmed changes to the windfall tax. Was it a Nightmare on Downing Street?
Next up, Hydrogen Scotland held its annual conference in Glasgow this week and Mat discusses the key takeaways from the event, including positive signals from the German government on a green hydrogen export pipeline.
Finally, amidst the budget bonanza supermajors BP, Shell and TotalEnergies revealed their Q3 results this week. Erikka picks apart the results and how the firms might be looking at their North Sea operations post-budget.