By Jon Fitzpatrick, managing director, Gneiss Energy
Energy Voice recently reported on Shetland Islands Council's ambitions to retain more tax revenue from oil and gas operations around the isles in its self-determination bid. Jon Fitzpatrick, managing director of consultancy Gneiss Energy, gives his view.
The leader of Shetland Islands Council has said the region wants “to retain more of that tax take” from oil and gas revenues in its self-determination bid.
Malin Sentinel, a new emergency response ship for the North Sea, has arrived in Aberdeen Harbour after completing a mammoth 11,500-mile maiden voyage from China.
With the tapering of the Government’s Coronavirus Job Retention Scheme (CJRS) now in full swing, it is crucial for businesses to keep a close eye on headcount.
North-east energy services firm Proserv Controls said yesterday it had opened new facilities in Cumbernauld and Abu Dhabi after a “seven figure” investment.
European Union foreign-policy chief Josep Borrell said EU relations with Turkey are at a crossroads as the bloc presses Ankara to halt controversial energy exploration in the eastern Mediterranean.
Positioning the UK North Sea for a net zero future will cost more than £430billion, according to a new report from the Oil and Gas Technology Centre (OGTC) and consultancy Wood Mackenzie.
For most of the past century, Big Oil executives found it pretty easy to explain to investors how their businesses worked. Just locate more of the commodities that everyone needed, extract and process them as cheaply as possible, and watch the profits flow.
A contractor has downplayed an incident which took place during work to dismantle what’s left of the Buchan Alpha oil rig after footage appeared online.
Oil headed for its first back-to-back weekly losses since April’s price rout, driven by a sharp slump in risk sentiment earlier in the week and a patchy demand recovery.
Oil recovered some of its losses with a rally in equities providing support to prices even as industry data pointed to a surprise increase in American crude stockpiles.