PRE-SALT DISCOVERIES PUT BRAZIL IN A CLASS OF ITS OWN
With the world’s tenth largest economy, a population of 190 million, and a landmass 35 times the size of the UK, Brazil is a huge and rapidly growing energy market. The last year has seen considerable developments in the oil and gas sector, which means an understanding of how to work with Petrobras – the dominant player in the market – could result in plentiful returns for UK businesses.
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THE OIL AND GAS INDUSTRY: PAUSING FOR BREATH OR RUNNING OUT OF STEAM?
The oil and gas sector has been dealt a triple-whammy in the last 18 months, bringing years of unprecedented growth to a stuttering halt and forcing drastic changes to the near-term future of the industry. Once thriving on a high oil price, companies are now grappling with uncertainty, as even the most assured analysts fail to predict when the upturn will arrive.
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NEW WAVE OF NUCLEAR HAS DESIGNS ON SAFETY
The safety of nuclear installations is achieved by good design and operation, but it is assured in Great Britain by a system of regulatory control, at the heart of which is the nuclear site licensing process. Following renewed interest in nuclear power in the UK, in 2007 HSE introduced a new procedure for assessing the safety and security of new nuclear power stations
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DECARBONISING EUROPEAN POWER GENERATION: THE EVOLVING POLICY LANDSCAPE
As the EU Emissions Trading Scheme enters its third phase, the landscape for control of emissions from the power generation sector is changing for good. With a series of policy and regulatory decisions to be made over the course of the year, the future of many European thermal power plants remains uncertain.
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A DROP IN THE OCEAN? DELIVERING THE UK’S OFFSHORE VISION
The Round 3 bids have closed and the line-up of big industry players tripping over themselves for a portion of the 25GW of offshore wind to be developed is impressive. So the appetite is there, but how can the necessary reductions be made in risk and capital cost for the UK to lead in offshore wind?.
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MAJORS FIND A NICHE IN DEEPWATER PRODUCTION
The capital-intensive deepwater production market benefited greatly from past easy terms of credit. But even now with the recession biting hard, the mix of solid market fundamentals, deep-seated market drivers, and strong players in the market mean that the deep sea can harbour a provision of safety in otherwise troubled waters.
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