Firms should fix damage
Europe wants to change compensation rules to make offshore companies liable for environmental damage they cause at sea.
Europe wants to change compensation rules to make offshore companies liable for environmental damage they cause at sea.
Warm weather across the UK has meant demand for gas is far lower than it would usually be - easing concerns over a drop in supply due to Total's gas leak.
Sunday: Total launches an emergency evacuation of about 200 staff from the Elgin/Franklin platforms and the Rowan Viking drilling rig after gas is found to be leaking following a "well control problem". Initially 27 workers are left but all are later evacuated. A three-mile no-fly zone is put in place around the platforms.
Research work at Scottish universities has been a key driver in renewable technology development. Timothy O'Shea, Edinburgh University principal set out his views at the Scottish Renewables Annual Conference Dinner this week.
Talisman is to restart operations on its Tartan platform in the North seas this weekend after an extended shutdown for safety upgrades.
US oil and gas giant ConocoPhillips has appointed a new president for its UK upstream business as part of a shake-up.
North Sea oil firm Deo Petroleum said yesterday an extension to small field allowances delivered by Wednesday's Budget would save it about £25million in taxes.
Big winners in the Budget were operators of oil and gas fields west of Shetland - but only if their areas were deep and big enough.
WWF Scotland hit out at the drilling plans yesterday, accusing the government of helping to take the UK further and further away from becoming a zero-carbon country and risking the environment.
North east Scotland is entering a boom time of investment as oil and gas majors ramp up some of the biggest projects in years.
The increase in North Sea activity is putting a strain on skills levels and recruitment, say firms and training organisations.
Oil giant BP was today given permission to drill a controversial deep water well north west of Shetland.
Wednesday's UK Budget should be welcome news to an industry which took a massive knock in 2011 but is starting to get back on its feet.
Chancellor George Osborne has announced a widely anticipated plan to end uncertainty over decommissioning costs for North Sea oil and gas producers and a £3billion allowance to open up the west of Shetland.
A year ago the industry was reeling in shock at a surprise £10billion tax grab on oil and gas producers.
Oil & Gas UK today said measures in the 2012 Budget would result in "tens of billions of pounds of additional investment" in the UK North Sea.
Decommissioning industry body Decom North Sea has welcomed Chancellor George Osborne's 2012 Budget saying it would bring new jobs and investment.
Oil giant BP has welcomed measures announced by Chancellor George Osborne today aimed at boosting North Sea investment.
Chancellor George Osborne's "major package" of tax changes aimed at boosting North Sea investment will include an extension to small field allowances and legislation to promote brownfield projects.
As part of a stimulus package for investment in energy, Chancellor George Osborne said today the new Green Investment Bank would make its first set of green investments in April 2012.
Today, Chancellor George Osborne will set out the UK Government's 2012 Budget, an announcement keenly awaited by the UK's oil and gas industry.
Offshore catering and service firm Entier says it has a vision to more than double its turnover to £50million by 2015 after picking up its latest contract.
Coalition ministers have been urged to back the offshore sector in next month's Budget - and boost the north-east economy as well as the Treasury's tax take.
Preparing new major-hazard reports in proposed EU offshore safety regulations would cost the industry £146million, it has been estimated.
Orkney's European Marine Energy Centre (EMEC) is looking to expand after filling its last remaining berth, it said today.