Former chancellor of the exchequer and leader of the Better Together campaign Alistair Darling warned a successful vote for Scottish independence was a “one way ticket to an uncertain destination” for the UK and the North Sea oil and gas industry.
The SNP’s Fergus Ewing hit back at claims that the UK government has offered the North Sea oil industry a stable tax regime and said that an independent Scotland would do better.
Oil companies are resuming work in Kurdistan as security improves in the Iraqi autonomous region after unrest that led to staff evacuations.
Shamaran Petroleum has resumed drilling operations in Iraq after the conflict-ridden area was deemed too volatile to stay in.
Energy Voice sat down with Step Change in Safety team leader Les Linklater in the wake of the biggest changes to affect the offshore transport sector.
An independent Scotland will negotiate to claw back “substantial” historic oil revenues in order to ensure it can maintain decommissioning tax credits promised by the UK Government, an expert has claimed.
Almost 52,000 offshore workers have been trained to use a mandatory new emergency breathing system (EBS) as new rules on their use come into for today, the industry safety body has revealed.
The Scottish independence campaign has received “a body blow” with new figures showing tax receipts from North Sea oil and gas have dropped by almost a fifth, Treasury Secretary Danny Alexander said.
Gulf Keystone Petroleum Ltd. is sending staff back to Iraqi Kurdistan after US airstrikes eased the threat from Islamic State militants that prompted a mass evacuation of expatriate oil workers three weeks ago.
Scotland’s top prosecutor has made a landmark legal move to access the black box recorder from a Super Puma which crashed last August killing four oil workers on board.
Independence supporters have welcomed claims by an Aberdeen University oil expert that the North Sea could be poised for a second major boom.
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An independent Scotland faces a basic income tax rate of 30% or 5% cuts to public spending across the board when new oil and gas estimates from one of the industry’s most respected figures are taken into account, according to Treasury Chief Secretary Danny Alexander.
Former prime minister Gordon Brown has urged Scots to “think twice” before backing independence as he issued a stark warning that oil cash would only pay for a “fraction” of public services if the country left the UK.
Yesterday we discovered a massive black hole in Alex Salmond’s economic case for independence. Sir Ian Wood, one of the world’s foremost oil industry experts, issued a clear warning about the Scottish Government’s projections for North Sea oil extraction. He said that their prediction that 24 billion barrels of oil still remain to be extracted from the North Sea is between 45% and 60% too high. His view is that the correct figure is between 15 and 16.5 billion barrels remaining.
This week Energy Voice exclusively sat down with Sir Ian Wood when the industry veteran broke his silence regarding the monumental September 18 vote for the first time ever. Here is a round-up of some additional highlights from the exclusive interview, where he discusses the likelihood of an oil fund, the role of decommissioning and the future of onshore exploration.
On August 23 last year four people died when a CHC-operated Super Puma L2 plunged into the sea two miles from Sumburgh Airport.
Independence would give Scotland a second chance to harness its oil wealth for the “benefit of the nation”, a Scottish Government report has claimed.
Sir Ian Wood’s explosive intervention in the independence debate is being hailed by Labour as “the most important moment of the campaign”. Energy Voice’s exclusive interview with the Aberdeen-based oil services businessman set the agenda in the referendum battle on Thursday, dominating first minister’s questions at Holyrood.
The Scottish Government will today launch a blistering attack on the UK Government’s alleged “mismanagement” of North Sea Oil.
Key figures in the pro-union camp claimed Sir Ian Wood’s comments had “fatally undermined” the case for independence.
Following comments I made in an interview requested with Energy Voice, I find myself reluctantly drawn into the public debate on Scottish Independence, despite my lifelong resolve to avoid politics.
A leading light of the energy industry today revealed he fears for Scotland's future if it votes for independence and warned it would have just 15 years left before depleting North Sea oil reserves began to hit jobs and the economy.
Oil Search Ltd. temporarily suspended a well in Iraqi Kurdistan after violence in the region disrupted its ability to get skilled technicians and equipment to the Taza oil project.
One of Scotland’s most respected economists has delivered a damning verdict on Treasury oil forecasts, arguing tax revenues over the next four years could nearly double those predicted.