Call for an oil fund strikes a chord

The renewed call for an oil fund from the Finance Secretary is bound to strike a chord with many Scots.

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Scotland would be in deficit even with oil?

So, according to a UK Government report, Scotland’s economy would still be in deficit even with the oil and gas revenues from the North Sea.

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Let's embrace the new city centre plan

The proposal to create a new city centre focus in the centre of Aberdeen is gaining momentum.

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Helicopter tragedy memorial service

As the news breaks that the helicopter which crashed last week had suffered a catastrophic failure in its part of its main gearbox, details have been announced of the memorial service that is to be held next week. Read More...

UK faces disastrous North Sea decline

A top Aberdeen oil executive has sounded a warning in The Herald today that the North Sea oil and gas industry faces a disastrous decline if the government does not take action on the tax regime. Read More...

Funny how Chancellor and PM find the way to Aberdeen when they need oil

Isn't it funny how the Prime Minister and Chancellor suddenly remember the importance of Aberdeen as the centre of the UK oil and gas industry when they need a favour? Where were they when the industry was calling for help to extend the life of the North Sea? Where were they when the industry was pleading for an equitable tax regime? Where were they when we were pleading for investment in our infrastructure to support the industry? Read More...

The vitality of the oil industry

Which is the bigger oil producer? Kuwait or the UK? The answer may surprise you. It also raises questions about why our politicians are not supporting and sustaining the North Sea industry for the future.
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It's whose oil?

The Offshore Europe conference and exhibition opens in Aberdeen today, with delegates from a hundred countries converging on the city for the biggest oil exhibition outside the USA. True to form, if you are not in Aberdeen you probably don't know it is happening. That's a shame, because the role of North Sea Oil in underpinning the UK economy is something that is all too easily forgotten. Read More...

Politicians need to focus on sustaining, not milking, the oil and gas industry

The UK North Sea oil and gas industry, which is predominantly controlled and operated out of Aberdeen, provides the UK with 75% of its prime energy needs. By 2020 it is estimated that figure will rise to a staggering 80%. It also sustains something like 400,000 jobs in the UK. Read More...

Credit where it is due? North Sea oil 'airbrushed out of history'

Some of us in Aberdeen City and Shire wonder whether people in London and the Home Counties ever bother to stop and think what it was that built our current strong economy? Do they ever wonder where most of this country's energy comes from? Read More...

Putting Energy Institute in Glasgow is utterly illogical

The news that Glasgow is likely to be the Scottish centre for the UK Government's proposed Energy Technologies Institute is completely illogical. It is like establishing an institute of crofting research in Swindon, or putting a financial services institute in Barra. Read More...