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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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?
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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Tides of Transformation: An Oil Story
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?
