5 episodes
Tides of Transformation: An Oil Story Intelligence Squared
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- Science
The oil industry has historically operated in relative invisibility. Mysterious offshore rigs hundreds of miles out to sea can appear like images of a foreign land; refinery chimneys rising beyond the edges of some of our biggest cities are easy to mistake for just another factory; and bustling offices, the site of monumental decisions affecting generations to come, are just as faceless as the next. Out of sight – and often out of mind.
But such invisibility belies the overwhelming, ever-presence of oil. It’s in the fuel that powers our cars and aircrafts. It’s in our children’s plastic toys and trinkets. It’s in unseen flows of power, wealth and social capital. It’s in our art galleries, and our sports teams. It’s embedded in our economic policy, our communities, the very structure of our country.
So, what exactly do we mean when we talk about oil? How is our relationship with it changing? And what would stopping oil really look like?
These are just some of the questions that we will explore in this series from Intelligence Squared, drawing on recent research from the Fraying Ties? project, supported by the UK’s Economic and Social Research Council. Through discussion with industry insiders, policy-makers, activists, politicians, trade unionists, ex-oil rig workers and academics we look at the industry in its complexity and ask: given the climate emergency, how must the industry change to facilitate a just, renewable energy transition, and what might a new world – one in which we’ve ceased burning fossil fuels altogether – look like?
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Oil Today: Beyond Extraction
In this episode, Gavin Bridge from Durham University and James Marriott of Platform London and the co-author of Crude Britannia: How Big Oil Shaped a Nation are joined by former CEO of the Net Zero Technology Centre Colette Cohen OBE and former trade union organiser Jake Molloy for a conversation about the evolution of the oil sector in Britain and the different components that comprise it, including the offshore, refineries, trading and finance. Our panelists also explore the differing pace of change across the oil sector, the complexity this creates for the expansion of clean energy projects, and what must be done to ensure a rapid, and just, energy transition.
Other contributors include the co-founder of Extinction Rebellion Gail Bradbrook, Morgan Stanley’s Global Oil Strategist Martijn Rats, and Fuels Industry UK’s Director of Downstream Policy Dr Andy Roberts. The host is Dr Helen Czerski.
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Colette Cohen OBE was CEO of the Net Zero Technology Centre, not the Net Zero Technology Company as stated in the audio.
The UKPIA (United Kingdom Petroleum Industry Association) changed its name in August 2023 to Fuels Industry UK.
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For more information about Tides of Transformation: An Oil Story, please visit: https://www.intelligencesquared.com/tides-of-transformation/. This series was produced in partnership with the Fraying Ties? project.
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Who Owns Oil?
In this episode, Gavin Bridge from Durham University and Alexander Dodge from the Norwegian University of Science and Technology are joined by Keith Myers, the former President of Westwood Global Energy Group and an ex-BP exploration geologist, and Chatham House’s Valerie Marcel, for a conversation about who owns oil, and the implications of this for the energy transition. Our panelists also explore the history of current ownership structures in the North Sea; how these compare to other oil producing nations; and, how these structures – themselves the result of historic government policy – stymie policymakers’ influence in the North Sea today.
Other contributors Nana de Graaff, an Associate Professor in International Relations at the Department of Political Science and Public Administration at Vrije Universiteit Amsterdam
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Keith Myers was President of Research at Westwood Global Energy until 2021.
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For more information about Tides of Transformation: An Oil Story, please visit: https://www.intelligencesquared.com/tides-of-transformation/. This series was produced in partnership with the Fraying Ties? project.
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Regulating Oil
In this episode, Gavin Bridge from Durham University and Gisa Weszkalnys from the London School of Economics are joined by Andy Samuel, the former Chief Executive of the North Sea Transition Authority, and Catherine Howarth, the CEO of ShareAction for a conversation about licensing and regulation in the oil sector: how policy has developed, and how it should evolve in the face of the climate emergency. Our panelists also explore how activist shareholders can influence oil companies; how much responsibility oil producers currently bear for their emissions – and how much they should; and, the need for an orderly transition in the North Sea, preventing stranded assets and liabilities.
Other contributors include former Chair of the Climate Change Committee Lord Deben; co-founder of Extinction Rebellion Gail Bradbrook; and, Head of Oil, Gas and Mining at Carbon Tracker Initiative Mike Coffin.
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This episode was recorded the day before the regulator gave approval to the Norwegian energy giant Equinor to develop Rosebank, the largest untapped oil field in the UK. The implications of, and response to, this decision is discussed further in Episode Four of Tides of Transformation.
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For more information about Tides of Transformation: An Oil Story, please visit: https://www.intelligencesquared.com/tides-of-transformation/. This series was produced in partnership with the Fraying Ties? project.
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Ending Oil
In the final episode of the series, James Marriott of Platform London and the co-author of Crude Britannia: How Big Oil Shaped a Nation and Connor Watt, an anthropologist from the London School of Economics, are joined by the Executive Director of Uplift Tessa Khan for a conversation about what ending our relationship with oil could look like in the different areas that comprise the United Kingdom’s oil sector, including the offshore, finance, retail, and refining. Our panelists also explore the impact of decisions by the regulator to issue further licenses for drilling for oil, like the one recently granted at Rosebank, on the energy transition.
Other contributors include former Chair of the Climate Change Committee Lord Deben and Labour MP for Sheffield Hallam Olivia Blake.
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For more information about Tides of Transformation: An Oil Story, please visit: https://www.intelligencesquared.com/tides-of-transformation/. This series was produced in partnership with the Fraying Ties? project.
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Introducing: Tides of Transformation
What exactly do we mean when we talk about oil? How is our relationship with it changing? And what would stopping oil really look like?
These are just some of the questions that we will explore in this series from Intelligence Squared, drawing on recent research from the Fraying Ties? project, supported by the UK’s Economic and Social Research Council, and hosted by Dr Helen Czerski. Through discussion with industry insiders, policy-makers, activists, politicians, trade unionists, ex-oil rig workers and academics we look at the industry in its complexity and ask: given the climate emergency, how must the industry change to facilitate a just, renewable energy transition, and what might a new world – one in which we’ve ceased burning fossil fuels altogether – look like?
This series was produced in partnership with the Fraying Ties? project.
Learn more about your ad choices. Visit podcastchoices.com/adchoices