Cable pledges to drive up support for oil and gas
The North Sea oil and gas sector will be offered the same kind of UK Government support given to the country’s resurgent car industry.
The North Sea oil and gas sector will be offered the same kind of UK Government support given to the country’s resurgent car industry.
Hopes of a new boom in the North Sea oil and gas industry in coming years could be dashed after official forecasts for the sector were slashed.
The north-east is on the brink of winning up to £1billion to create hundreds of jobs and help the region lead the world in a key green technology.
Up to 20,000 workers in the North Sea oil and gas industry are paid using a tax loophole which is now being shut down, it has been claimed.
A UK public finance think-tank has criticised the North Sea tax system as "unduly complex" and lacking "clear design".
Nearly 1,000 oil and gas jobs are to be created under plans announced yesterday for a £169million investment in the North Sea.
David Cameron has pledged to do what he can to protect Scots oil workers abroad - but warned BP and other firms to "redouble" their security efforts after the Algeria attack.
A north-east man was last night feared to be one of the Scots oil workers kidnapped by al-Qaeda terrorists in the north African desert.
Secret files have revealed that UK defence chiefs considered turning the North Sea into a minefield in the 1970s amid fears that terrorists would hijack a rig.
The UK government has published a report on improvements made to the safety regime in the North Sea offshore sector since the Deepwater Horizon oil spill.
The UK Government is expected to move a step closer today towards delivering a "profound" boost to the North Sea oil and gas industry.
Official forecasts for future North Sea oil and gas revenues have been slashed.
Chancellor George Osborne is poised to deliver a fresh boost to the North Sea oil and gas industry in his Autumn Statement today.
The UK Government's plans to create a special body to oversee the shale gas industry were criticised by a key energy sector group yesterday.
he North Sea oil and gas industry scored a victory in Brussels yesterday in its battle over EU plans to seize control of offshore safety rules.
UK Energy Minister Charles Hendry became a shock casualty of the coalition government's reshuffle last night.
Scottish MEPs have moved to try to safeguard the North Sea offshore industry from controversial plans for EU-wide safety rules.
The national oil company of the Gulf state Kuwait signed a deal yesterday to pave the way for a £300million investment in the North Sea.
The UK Government will officially launch a £1billion competition to develop pioneering green energy technology today amid hopes the north-east could win a slice of the funding.
Labour praised the "quick thinking" of workers on the North Sea's Elgin platform yesterday for preventing an even more serious incident.
A trade union has renewed calls for the evacuation of up to 200 more people working within a few miles of the North Sea platform at the centre of a gas leak.
A senior MP has said lessons must be learned from the gas leak at a North Sea platform.
THE UK Government is working to win back the trust of the North Sea offshore industry and, in the process, pave the way for tens of billions of pounds of new investment.
Chancellor George Osborne has dropped his clearest hint yet that the oil and gas industry will receive a boost in this month's Budget.
The UK Government is working to win back the trust of the North Sea offshore industry and, in the process, pave the way for tens of billions of pounds of new investment.