EVOL: Motivated seller, the European connection and a glass of green whisky
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BP wants to sell its North Sea assets, but does it really? The company is struggling to progress operations itself but the high price tag - a rumoured cool £2 billion - has posed challenges. There are ways round it, but it's going to depend on how motivated the supermajor is to find a buyer.
Meanwhile, renewables reporter Michael Behr was at OEUK’s CCS and hydrogen summit, where he spoke with the group’s energy policy director Enrique Cornejo. He shares a status update on the state of Scottish CCS and hydrogen, and how Europe will prove vital the country’s ambitions for both these technologies.
And finally, would whisky taste better if it was powered by hydrogen? That's certainly the direction plans are going in Cromarty, in light of a deal between ITM and Protium. Securing demand may well prove to be a more effective way to deliver supply, given the continued uncertainty over the much-delayed Hydrogen Strategy. Raise your glasses, please!