EVOL: BP buybacks, International Energy Week, and AR7a results

This week, BP set a trend among supermajors as it hit the breaks on buybacks as International Energy Week kicked off in London and the UK government announced the winners of the non-offshore wind winners of Allocation Round 7.  To run us through the headlines, Energy Voice's Ryan Duff, Mat Perry, and Erikka Askeland are joined by E-FWD editor Ed Reed.  First off, Erikka discusses BP's world leading reserves and its move to step away from share buyback schemes while its fellow UK supermajor doubled down. As BP announced its full year results, University of Strathclyde’s Centre for Energy Policy released a report on EnQuest's Sullom Voe Terminal and the impact an extension to BP's Clair field would have on jobs and the wider Shetland economy. Next up, Ed regales us with tales from International Energy Week, first touching on Shell CEO Wael Sawan's comments on the state of European energy policy as the continent finds itself the piggy in the middle between America's liquids production and China's electricity generation. Suffice to say, there is plenty to talk about from the event in London this week.  Finally, Mat recounts the winners of the non-offshore wind winners from Allocation Round 7, also known as AR7a. His points to success, particularly in solar, as our journalists mull over the opportunities of tidal energy.