Oil & Gas Outlook

Around 70 per cent of the UK’s current energy demand is met by oil and gas. Reports vary greatly on the topic of oil supplies and many are in the dark regarding the composition of our future energy mix. This report bridges the information gap on key challenges facing the North Sea oil and gas industry, including debate around fracking for shale gas, decommissioning and the high price of oil, in their impact on meeting global rates of energy consumption.