Oil and gas sector deal proposal to be submitted to UK Government next month
The formal proposal for an oil and gas sector deal will be submitted to the UK government next month.
Oil and gas sector deal
Sector deal could ‘head off’ any more BP-scale job losses, says MP
An oil and gas sector deal could ensure any further BP-scale job losses are "headed off at the pass", according to a north-east MP.
OGA director ‘confident’ of backing for sector deal and underwater hub this year
An industry leader has said he is "confident” of securing government backing for a sector deal and a global underwater "hub" in Aberdeen this year.
Watch: Boris Johnson says UK Government ‘actively engaged’ on oil and gas sector deal
Boris Johnson has “assured” MPs that the UK Government is working on a sector deal for the crisis-hit oil and gas industry.
North-east politicians call for sector deal in wake of oil and gas job loss prediction
A number of prominent north-east politicians have called for the UK Government to fast-track a long awaited oil and gas sector deal following a new report by representative body Oil and Gas UK (OGUK) that claimed the industry could see tens of thousands of job losses due to Covid-19.
Government urged to bring cash to help Aberdeen’s energy transition
The prime minister and first minister have both been urged to announce cash to bolster the north-east energy industry.
‘Disappointment’ as Chancellor puts CCS lower down pecking order than potholes
A leading analyst has described it as “disappointing” that the Chancellor that put a vital net zero technology lower down his list of priorities than repairing potholes.
Budget forecasts on North Sea revenues will be ‘wrong’ due to oil price freefall
The oil price freefall means projections for the UK’s North Sea revenues are already out of date before the Budget is even published, according to a leading analyst.
Aberdeen ‘energy transition park’ and net zero should ‘feature heavily’ in oil sector deal – OGA boss
Proposals for an Aberdeen energy transition park, along with a host of net zero solutions, should be at the “heart” of an incoming sector deal, according to the head of the Oil and Gas Authority (OGA).
Oil industry welcomes new UK government ahead of sector deal and IR35 changes
The oil and gas industry has welcomed the new UK government as it looks ahead to a “transformational” sector deal and braces for tax changes for thousands of contractors.
Oil and gas sector deal ‘unlikely’ after ministers reject report
A sector deal for the oil and gas industry is now “unlikely” after ministers rebuffed the recommendations of an influential Commons committee, it has been claimed.
UK Government update on oil sector deal in ‘weeks, not months’
The oil industry will get an update on its bid for a money-spinning sector deal in “weeks, not months”, the UK’s energy minister said yesterday.