Scotland’s North Sea revenues take a hit as fiscal deficit increases to £15.1bn
Scotland’s share of North Sea oil and gas tax receipts fell by around half in the last year to £724 million, according to new tax and spending figures.
Scotland’s share of North Sea oil and gas tax receipts fell by around half in the last year to £724 million, according to new tax and spending figures.
The Shell UK plant at Mossmorran has returned to normal operations following Tuesday’s severe weather but flaring is understood to be continuing at neighbouring ExxonMobil.
More than 150 workers at Bilfinger UK could face the axe as the company confirmed it has begun redundancy consultation for staff currently on the Covid-19 furlough scheme.
A walkout of more than 100 workers yesterday at ExxonMobil's Mossmorran plant in Fife has been resolved today after "positive discussions", according to trade unions.
Bosses at ExxonMobil have apologised after "intense flaring" at a Fife chemical plant sparked alarm in the community.