Watson Farley & Williams is delighted to launch episode four of our ‘Countdown to COP: Financing and Fuelling the Future’ podcast series. This week, host Mhairi Main Garcia is joined by Joe Levin, a Projects Partner from our London office, specialising in oil and gas.
Listen to our Oil & Gas episode on Apple or Spotify and access the transcript here.
Mhairi and Joe discuss the important role of the oil and gas industry in the drive towards achieving net zero, placing a huge responsibility on the sector. The oil majors, in particular, have the financial power, technical skills and expertise to help drive forward net zero.
The sector has seen an increasing focus on carbon capture projects and the use of new production methods. In terms of financing, ESG is important and is quickly becoming a key requirement for lenders and crucial to achieving best practice in the sector.
Tax, geology, technology and local legislation all present ongoing challenges in different jurisdictions which need to be reviewed in context and it remains to be seen if the sector can achieve net zero on its own. It will nevertheless benefit from governmental support, collaboration amongst stakeholders, new technology and, most importantly, key players working towards the same goal.
To discuss any aspect of this episode further, please do reach out to Mhairi Main Garcia, Joe Levin or your usual WFW contact. And to sign up to receive all forthcoming episodes of this podcast series, please click here.
