Opinion: Production figures were first real test on government tax breaks
Yesterday’s figures on oil and gas, for the first time in a long time, gave the sector some positive news.
Yesterday’s figures on oil and gas, for the first time in a long time, gave the sector some positive news.
Tax breaks introduced by the UK Government have helped boost fresh figures on oil and gas production, according to the Scottish Conservatives.
Sir Ian Wood’s comments at the weekend are a welcome injection of common sense into the debate around Scottish independence, following the UK’s decision to leave the European Union last month.
North Sea oil and gas companies are being held up from maximising opportunities in fracking because of the Scottish Government’s moratorium on shale gas, claims a leading politician.
Scotland "would be foolish" to miss out on the fracking opportunity, according to Murdo Fraser.
The politician who led a committee looking at the oil and gas industry said there will be a “revival” in the North Sea. MSP Murdo Fraser spoke after the findings of a report by the Scottish Government’s economic committee were made public.
Recently we’ve heard suggestions that the SNP’s flagship £10 million wave-power prize should be scrapped. But given the history of The Saltire Prize it's no surprise that it has run into problems, with no-one even likely to come close to meeting the qualifying criteria by the 2017 deadline. From the start it looked like another of Alex Salmond’s pipe dreams and a PR stunt for the nationalists.