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
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 has been urged to create a singular "energy authority" to govern all aspects of the industry from oil and gas to renewables and nuclear.
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.
UK Government ministers knew that a controversial tax change in 1993 would “undoubtedly depress” exploration in the North Sea.
The Scottish Government has pledged to continue to “champion” North Sea oil and gas, despite “difficulties” posed by a growing focus on climate change.
Scotland’s energy minister has said a no deal Brexit scenario would be “hugely damaging” to the North Sea oil and gas sector.
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.
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.
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.
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”.
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.
Aberdeen’s workforce has officially “bounced back” to near-record levels after plummeting during the oil and gas crash.
Aberdeen will never fully recover from the latest oil slump unless the UK Government offers significant new tax breaks to boost the North Sea.
New research published by the Scottish Government has showed that the North Sea remains the largest oil producer in the EU.
Scottish Conservative leader Ruth Davidson will be in Aberdeen today to highlight plans to support 10,000 more apprentices.
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:
A helicopter has declared an emergency off the north coast of Scotland.
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 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".
A north-east MP has pledged to support the training of engineers in the region to plug the North Sea's skills gap.