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Petroleum Review November 2013

01/11/2013

This month’s issue of Petroleum Review provides an update of some of the latest developments in the Asia-Pacific, a region that saw a return to vigorous growth in oil and gas demand in 2012 and a market where biofuels are expected to play an increasing role in the future.

We also assess what could be done to tackle high and rising UK energy prices going forwards. While the underlying determinants of UK household gas and electricity prices are currently largely outside the control of the government, it is clear that they will be driven by policy in the future.

Meanwhile, our health and safety feature notes that oil and gas company investment in the HSE sector is expected to rise by 60% in 2030, to reach $56bn, up from $35mn in 2011, as a number of heavily publicised environmental disasters have increased regulatory scrutiny. This is driving the development of new technologies in this arena and new initiatives such as UKPIA’s recently launched ‘Assuring Safety: Leadership in Process Safety’ programme that aims to protect the H&S of the downstream sector workforce and the public, as well as the environment in which it operates.

Issue details

EW Nov 13.pdf

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Journal title: Petroleum Review

Publisher: Energy Institute

Subjects: Health and safety, Electricity, Oil and gas, Primary energy production, Energy prices, Emissions, Leadership