Windfall tax to be announced ‘as soon as Thursday’
UK Government plans to impose a windfall tax on energy companies are expected to be brought forward and announced “as soon as Thursday”.
Russell Borthwick
Aberdeen chamber report: Govt must ‘step-up and back’ energy industry transition as oil and gas demand grows
A business group has renewed demands that government must put support behind low carbon projects in the north east that will "shift the dial" as concerns have been raised that confidence in key low carbon technologies such as carbon capture and storage (CCS) has faltered, a new report has found.
Scot Gov renews pledge to develop ultra-deep-water port in Shetland
The Scottish Government has set out the actions it intends to take to deliver economic prosperity in the coming years.
Ukraine crisis underlines need to keep North Sea drilling an option
Boss of Aberdeen Grampian Chamber of Commerce Russell Borthwick has welcomed news that the door has been left open for further North Sea drilling as uncertainty over gas supplies increases due to the Russia-Ukraine crisis.
North-east investment to top £12bn over the next decade
Investment worth more than £12 billion is expected to flow into the north-east over the next decade, helping aid the region's economic recovery.
AGCC hosts 200 at breakfast event – despite ‘propaganda’ cancelling Offshore Europe
An audience of 200 got up early to attend Aberdeen and Grampian Chamber of Commerce (AGCC)’s first business breakfast event of the year.
‘ScotWind could provide a 50-year project pipeline’
A project pipeline of more than 50 years in offshore wind could be secured thanks to the ScotWind seabed auction, according to a northern port.
The Aberdeen 58: It’s in their hands, no one else’s
I read with wry amusement that some 58 of Aberdeen’s great and good have written to the First Minister Nicola Sturgeon and other political leaders asking for a “more reasoned debate” on the future of oil and gas.
Business leaders warn politicians over ‘hostile investment environment’ for oil and gas
Dozens of north-east business leaders have penned an open letter warning politicians against creating a “hostile investment environment” for the oil and gas sector.
Cambo: Patrick Harvie says only the ‘hard right’ now support new North Sea drilling
Scottish Greens co-leader Patrick Harvie has said only the “hard right” now support new oil and gas extraction in the North Sea.
OGUK and Aberdeen chamber highlight ongoing need for fossil fuels
Oil and gas industry body OGUK says Shell’s decision to pull out of the west of Shetland Cambo project – threatening 1,000 jobs – “doesn’t change the facts” around energy supply.
OGUK urges government to be ‘mindful’ of impact from new Brexit customs costs
Oil and Gas UK (OGUK) has urged the UK Government to be “mindful” of any additional costs to the sector as it plans new Brexit customs charges.
Aberdeen’s global oil hub status could reduce as firms protect against Covid-19 restrictions
Aberdeen’s importance as a global oil hub may reduce as firms take steps to protect against multiple waves of Covid-19, according to an energy consultancy.
Demand overshadows risks
Oil price predictions always end in disaster but complacency in the market poses a number of risks, given global uncertainty.
Aberdeen infrastructure investment pipeline takes £1.7bn leap
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.
Aberdeen ‘deserves better’ after ‘glaring omission’ from Budget
An Aberdeen business leader has said the north-east “deserves better” following the Scottish Budget’s “glaring omission” of a vital £200million railway project.
Concern Scottish ministers ‘stepping away’ from air transport pledge
A top Aberdeen business lobbyist has raised concerns that ministers may be trying to “step away” from a pledge that would safeguard key air transport links.
Oil and gas bosses have a one in 25 chance of a job interview
Former and redundacy threatened oil and gas industry bosses taking part in a new scheme which aims to help them find new work had previously applied for 818 jobs, which led to just 37 invitations to interview.