Oil and gas workers face ‘25% hit to earnings’ if new tax rules come into force
North-east oil and gas workers face a 25% loss of earnings if new tax rules come into effect next year, an MP has warned.
North Sea oil and gas
Aberdeen house prices have increased for the first time since 2017
The cost of buying a home in Aberdeen has risen for the first time since 2017 as thousands of jobs return to the North Sea oil and gas sector, according to a new report.
Boris Johnson urged to create ‘Energy Authority’ to govern all aspects of industry
Boris Johnson has been urged to create a singular "energy authority" to govern all aspects of the industry from oil and gas to renewables and nuclear.
North Sea technology makes Scotland the logical place to develop carbon capture
Environment Secretary Roseanna Cunningham has urged the UK Government to fund carbon capture and storage facilities as she called for a "shared national endeavour" to tackle climate change.
Ministers went ahead with tax change despite knowing it would ‘depress’ the North Sea
UK Government ministers knew that a controversial tax change in 1993 would “undoubtedly depress” exploration in the North Sea.
Carbon push won’t shut down North Sea overnight, pledges energy minister
The Scottish Government has pledged to continue to “champion” North Sea oil and gas, despite “difficulties” posed by a growing focus on climate change.
No-deal Brexit ‘hugely damaging’ for oil and gas, says energy minister
Scotland’s energy minister has said a no deal Brexit scenario would be “hugely damaging” to the North Sea oil and gas sector.
Pranked MP: I was a fool – but a fool with a serious point to make about the scourge of drugs
I have to hold my hands up and say that I was duped, 100%, by the team behind a ‘prank’ TV show about drug misuse on Channel 4.
Budget talks continue over whisky and oil taxes ahead of spending announcement
Chancellor Philip Hammond was last night continuing behind-the-scenes talks over the future of whisky and oil taxes in advance of his Budget on Monday.
North Sea revenues rise but Scotland’s spending still outstrips income
Scotland’s share of North Sea revenues soared by more than £1 billion last year – but the nation’s deficit level was still four times higher than that of the UK.
Case for new North Sea public oil company described as ‘not proven’
Scottish Labour has suggested that it could back the creation of a new public oil company to operate in the North Sea – but an expert has said the case for one is “not proven”.
North-east population drops as thousands leave area
The population of the north-east fell last year after more than 20,000 people moved away and far fewer arrived to make the region their home.
Granite City stages a big bounce-back as employment rates soar again
Aberdeen’s workforce has officially “bounced back” to near-record levels after plummeting during the oil and gas crash.
North Sea leaders urge government action to help Aberdeen recover
Aberdeen will never fully recover from the latest oil slump unless the UK Government offers significant new tax breaks to boost the North Sea.
John Swinney: Scottish and UK governments must work together to maximise oil production
New research published by the Scottish Government has showed that the North Sea remains the largest oil producer in the EU.
Ruth Davidson champions North Sea apprenticeships
Scottish Conservative leader Ruth Davidson will be in Aberdeen today to highlight plans to support 10,000 more apprentices.
Chevron to consult with staff over shift pattern change
Oil giant Chevron is consulting with staff over changes to a three on, three off shift pattern. The move is in line with a number of companies including EnQuest, Shell, Apache and Petrofac. Read more on our sister site Energy Voice:
Helicopter forced to turn back after warning light comes on
A helicopter has declared an emergency off the north coast of Scotland.
SNP vow to try and boost North Sea industry
Two Aberdeen councillors have vowed to lobby for the introduction of exploration tax credits to safeguard the future of the North Sea if they are elected to Westminster.
George Osborne says he will cut North Sea tax
George Osborne gave the broadest hit yet that he will cut North Sea taxes yesterday as the industry’s new regulator issued an "urgent call to action".
North-east MP urges youngsters to study engineering
A north-east MP has pledged to support the training of engineers in the region to plug the North Sea's skills gap.