Tag: Oil
CPPR claims on oil estimates challenged by leading academic
By Bob Duncan A Glasgow based think tank’s claim, that figures it used in a report into future north sea oil receipts were in...
Scottish Oil and gas ‘over-reliance’ claims challenged by official figures
By Bob Duncan A new analysis of the role that oil & gas revenues have played in the Norwegian Government’s budget has blown...
North sea oil sector buoyant as firms invest in future
By Bob Duncan Scottish oil exploration firm, Cairn Oil, has revealed plans to drill up to 15 new wells in the North Sea,...
BBC Scotland Economy Editor casts doubt on viability of Scottish oil...
By a Newsnet reporter BBC Scotland’s Business and Economy editor, Douglas Fraser has suggested that the SNP’s plan for a wealth fund supported by...
US destroyer collides with oil tanker
A US destroyer has collided with a Japanese oil tanker in the Strait of Hormuz. The collision with oil tanker M/V Otowasan happened at...
North Sea oil and gas sector attracts billions in foreign investment
By Bob Duncan The consolidation of the North Sea oil industry took a significant turn yesterday as Chinese firms rushed to take a place...
New Bill aims to help pensioners beat soaring winter heating costs
By a Newsnet reporter A Bill aimed at helping pensioners, who are not connected to the mains gas grid, meet soaring energy costs has...
Conservative created body claims North Sea revenues worth less than thought
By Martin Kelly A body created by Conservative Chancellor George Osborne in May 2010 has controversially claimed that revenues from the North Sea in...
Scottish oil and gas strategy plans for bright future
By a Newsnet reporter The SNP has hailed the publication of a new oil and gas strategy for Scotland, saying it will ensure the...
Demand for oil and gas shows extent of Scotland’s wealth
By a Newsnet reporter Despite claims that Scottish production is on the decline, a record number of companies are now seeking to explore and...