Oil and gas contributed £9bn to Scottish economy in 2019, according to Annual Energy Statement
The oil and gas industry contributed £9 billion in gross value added to the Scottish economy last year, more than 5% of GDP.
GDP
Scotland’s economy slower than the rest of UK
The UK economy has grown three times faster than it has in Scotland over the last year, new figures suggest.
UK economy on course for even deeper slowdown
The UK economy is on course for an even deeper slowdown as consumer spending and business investment take a hit from uncertainty surrounding the Brexit negotiations, new research has found.
Mexico oil exports up 56% in first quarter of 2017
Mexico’s oil exports went up by 56% in the first quarter of 2017, according to Dallas’s Federal Reserve Bank.
Finance secretary points to ‘improved situation’ for North Sea operators
Nicola Sturgeon’s “mismanagement” of the economy has come under fire after new figures showed GDP north of the border shrank in the final three months of 2016.
Nigeria says OPEC will agree details of oil-supply cuts Tuesday
OPEC is on track to finalize the details of the Algiers accord to cut oil production at a meeting in Vienna on Tuesday, said a delegate from Nigeria.