BP chairman says directors’ pay reflects their ‘outstanding year’
BP Chairman Carl-Henric Svanberg today praised his team's "seriously impressive" performance amid the oil downturn.
Sumburgh: Pilots’ 30-second ‘switch-off’ led to helicopter tragedy
Investigators have revealed it took just 30 seconds for a routine helicopter flight to turn into a tragic disaster.
Sumburgh Crash: The victims and the survivors
Pilot error led to a fatal helicopter crash off Shetland that killed four people, the Air Accidents Investigation Branch said today.
North Sea must avoid early decomm “tragedy”, government warned
The UK Government has been warned a rush to early decommissioning in the North Sea could result in "tragedy" for the future development of carbon capture and storage (CCS) technology.
Energy Minister Andrea Leadsom hints at Budget
Energy Minister Andrea Leadsom last night hinted there will be support for the beleaguered oil and gas industry in tomorrow's Budget.
Budget 2016: Call for new agency to rescue platforms from early decommissioning
Kezia Dugdale today called on the UK Government to “step in and share the risk” by setting up a new agency to rescue platforms from early decommissioning.
SNP opponents accused of ‘celebrating the fall of oil’
Deputy First Minister John Swinney last night accused the SNP’s opponents of “celebrating the fall in the value of oil”.
Conservatives ‘asleep at the North Sea wheel’, MSPs claim
Aberdeen MSPs criticised the “derisory” city region deal today (Sat) as they called on the UK Government to do more to support the north-east during the oil and gas downturn.
Osborne told to “step up to the plate” and help industry ahead of Budget
The chancellor is also facing calls from north-east politicians to "step up to the plate".
MSP says industry’s tax regime must be more internationally competitive
An Aberdeen MSP has called on the chancellor to listen to the Scottish Government and oil and gas industry's calls for support in the forthcoming Budget.
Labour makes nuclear warning
Labour has warned lessons must be learned from the Tories' "mistakes" in their handling of plans for a new nuclear power station at Hinkley Point.
SNS 2016: EEEGR chief says East of England is considered the “poor relation” of Aberdeen
The chief executive of the East of England Energy Group (EEEGR) said today his region had historically been seen as the “poor relation” to the north-east of Scotland within the oil and gas sector.
SNS 2016: OGA’s Andy Samuel – Companies must target sub-$15 operating costs
The head of the new oil and gas regulator has urged companies to do more to bring down production costs - challenging them to get below the industry body’s target of $15 per barrel.
SNS 2016: Michie calls £1.3billion tax breaks for the North Sea “so last year”
The chief executive of Oil & Gas UK has branded the £1.3billion tax breaks for the North Sea industry previously signed off by the Treasury as “so last year”. Deirdre Michie said the measures unveiled by George Osborne last March - which included a slashing of rates and new investment allowances - were obviously “very welcome”.
SNS 2016: Scottish Power boss says Syria crisis is “all about climate change”
The managing director of ScottishPower Renewables has said the Syrian crisis is "all about climate change".
Total’s CFO: Expect downgrade ‘for whole of the industry’
Total's chief financial officer said he expected a downgraded credit rating for the "whole of the industry".
Total pulls off best financial performance of all the majors
Total pulled off the best financial performance of the all the industry majors and booked record production.
David Cameron unveils £250million deal to help save oil and gas industry
David Cameron will sweep into the north-east today to announce further measures to support the beleaguered oil and gas industry and encourage exploration.
Another MSP joins attack on OGA ‘insolvency’ remark
An Aberdeen MSP has added his voice to the clamour over the comparison of the oil and gas industry regulator to an "insolvency practitioner".
MSP voices disappointment at ‘extraordinarily small’ deal
The news the Aberdeen City Region Deal amounts to just a quarter of the Glasgow agreement was met with disappointment across the north-east last night.
Experts attack UK government’s “shabby” decision to axe CCS funding
Experts on carbon capture and storage have attacked the UK Government’s “shabby” last-minute decision to axe £1billion of funding for the technology.
MSP calls for U-turn on £1billion funding cut for carbon capture projects
North-east MSP Stewart Stevenson has tabled a motion at the Scottish Parliament calling on the UK Government to reverse its decision to cut £1billion of funding for carbon capture and storage projects.
Scrap Trident move defeated
The UK Government’s commitment to maintaining Britain’s nuclear deterrent was dismissed yesterday as an “ego trip” aimed at “clinging on to the remnants of a fading imperial past”.
Energy Secretary feels “unfairly picked on” by “enemies”
Energy Secretary Amber Rudd has revealed she feels “unfairly picked on” by her “enemies” over the UK Government’s plans to cut support for renewables.
Osborne warned ‘don’t mess with oil’
Aberdeen South MP Callum McCaig today warned the chancellor against "preaching" to North Sea experts about how the industry should be run.