Aberdeen firms tell Jeremy Hunt to scrap windfall ‘supertax’
The UK Chancellor is facing calls to remove the controversial tax on oil and gas giants ahead of his spring budget next week.
The UK Chancellor is facing calls to remove the controversial tax on oil and gas giants ahead of his spring budget next week.
Aberdeen oil and gas industry leaders have spoken of their confidence in the region's economic resilience as a new report shows the sector has less faith in UK energy policies.
United Oil & Gas (LON: UOG) has terminated an asset purchase agreement with Quattro Energy for the conditional sale of a North Sea licence.
Aberdeen business leaders have condemned the Scottish Government's new energy plan as a "breathtaking betrayal of one of Scotland’s biggest industries."
An overwhelming majority of energy firms in Scotland are now involved in low carbon and renewables, according to a new survey.
Environmental funding in Scotland's Budget falls short of what is required to tackle the "climate and nature emergency", campaigners have said.
Committee on Climate Change chairman Lord Deben took a swipe at oil and gas giant ExxonMobil (NYSE: XOM) during an event in Aberdeen yesterday.
A new survey has highlighted a “significant improvement” in confidence levels among North Sea oil and gas contractors who are also increasingly looking to weigh in for the energy transition.
A global property investor aims to make BP’s North Sea headquarters in Aberdeen a beacon of the city’s green credentials.
Oil and gas firms, contractors and operators are to be asked for their views on how coronavirus has impacted the sector.
North-east business leaders will explore the "wealth of new business opportunities" available in Guyana during an industry event next month.
Encouraging start-up companies to remain in the north-east will have a "transformational" effect on jobs creation in the energy sector, according to an industry expert.
The Scottish Fiscal Commission has warned that the economic impact of the outbreak could be more severe in Scotland than the rest of the UK due to the predominance of the tourism and oil and gas industries.
Despite a weakening global economic outlook, I believe we are working in a local business environment of pragmatic optimism. Sustained recovery in the oil and gas sector, technology innovation and diversification activities are contributing to business growth and new employment opportunities.
Aberdeen and Grampian Chamber of Commerce’s 31st Oil and Gas Survey painted a positive picture for the oil and gas sector.
A new study into the health of the North Sea oil and gas industry has revealed growing levels of confidence and an increasing number of firms gearing up for the energy transition.
The total sum of cash earmarked for infrastructure projects in and around Aberdeen between now and 2030 has rocketed by £1.7 billion to more than £10bn during the past year, new figures show.
Given Aberdeen’s long-established position as Europe’s leading energy hub and its global reputation for energy project delivery, the energy transition is set to have a major impact on the local supply chain.
Oil and gas firms are convinced that Aberdeen can cement its place as an energy powerhouse while making the transition to a low-carbon future.
North-east businesses are broadly unprepared for a no-deal Brexit, according to the Aberdeen and Grampian Chamber of Commerce (AGCC).
The UK Government has been warned that reducing its support for overseas oil and gas projects risks “endangering” firms in north-east Scotland.
Incoming changes to contractor rules could help retain skilled workers in the North Sea, the Aberdeen and Grampian Chamber of Commerce (AGCC) has said.
An Aberdeen business leader has said the north-east “deserves better” following the Scottish Budget’s “glaring omission” of a vital £200million railway project.
A looming skills shortage in the north-east oil and gas sector has been highlighted in the latest industry survey from the Aberdeen and Grampian Chamber of Commerce (AGCC).
More businesses failed in the north-east than any other part of Scotland last year.