An oil industry representative body has announced the formation of a North Sea recovery taskforce as “hard decisions” start to bear down over thousands of redundancies in the sector.
A Greenpeace climate boss has warned that "increased" North Sea protest action will take place if strong measures on tackling emissions aren’t executed by oil and gas firms.
Regulatory body the Oil and Gas Authority has appointed a new director of regulation.
The North Sea oil crisis is a health scare that must prompt the industry to make lifestyle changes to make it healthy for the long term rather than a fad diet soon jettisoned for old bad habit, according to a senior industry figure.
A drive towards exploiting the millions of barrels of oil in the North Sea's small oil pools could lead the UK's subsea sector to become world leaders in exploiting hard to recover oil supplies and sustain the industry for decades to come, according to a senior industry figure.