One of Scotland’s richest men who fled the country after going bankrupt has been forced to return home after his Middle-Eastern dream went “bust”.
Energy Voice is here to take you through the Chancellor of the Exchequer’s spring budget. Keep checking back for updates, live analysis, the best of the tweets and more as it happens. Our guest editor, oil and gas taxation specialist Derek Leith will also be live tweeting the budget as it happens here.
Taxpayer cost of decommissioning to rise, Scottish Government claims UK failed to set aside a “single penny”
The Scottish Energy Minister said an increased in decommissioning costs to the UK taxpayer had been made by Westminster as it “failed to put aside a single penny” to cover liabilities.
A North Sea oil platform had to be shut down this morning after an oil leak broke out.
Fuel tanks on the grounded drilling rig on Lewis have been breached, releasing an unknown amount of diesel oil into the sea.
Theresa May has scrapped the department for energy and climate change (Decc) in her Cabinet reshuffle.
Dozens of offshore helicopters were grounded after a Super Puma plunged into the North Sea killing 13 people.
A North Sea oil platform has been shut down after a gas leak this weekend.
Oil giant Shell was today fined over £6,000 after a diesel leak on board the same North Sea platform where two workers died 12 years ago.
A helicopter landed safely after sparking a full emergency at a Scottish airport today.
More North Sea workers were today facing the axe as further job cuts loomed.
Scottish North Sea oil revenues could drop to £500 million next year, according to a new report from the Scottish Government.
Bosses at a fish and chip shop have announced they will limit the number of oil and gas workers allowed in their shop at any one time, accusing the workers of “struggling to behave like humans”.
North Sea oil and gas workers today agreed to press ahead with plans for a ballot on strike action after talks with employers in Aberdeen reached another stalemate.
A man has been evacuated by helicopter from a North Sea oil platform.
Retired General Muhammadu Buhari has won Nigeria’s presidential election but fears “tricks” from the government, his spokesman says.
A North Sea oil and gas company has saved £600,000 by cutting Sky TV services from its offshore sites. Talisman Sinopic Energy UK has axed the subscription satellite TV service on its North Sea locations in an effort to save costs during downturn in the Scottish oil and gas industry.
Aberdeen energy services firm FlexTech said yesterday it had tied up deals worth more than £250,000 so far this year, shaking off the effects of an industry-wide malaise.
The outgoing boss of Bond Offshore Helicopters, Luke Farajallah, is trading rotor blades for fixed wings, it emerged yesterday.
The threat of Greece’s possible exit from the euro continued to hang over markets today during another tough session for blue-chip shares.
Russia, where energy production provides more than half of state revenue, is preparing for a battle with oil producers over taxing the country’s most vital industry.