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North Sea oil ‘makes first loss in 40 years’

SNP ministers must start being open and honest about Scotland’s finances after it emerged the taxpayer has made a loss for the first time from the North Sea oil and gas industry, Labour has said. Jackie Baillie, Labour’s wealth creation ...

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North Sea oil: northern exposure

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. omewhere, deep under the North Sea, lies a British energy legacy. The ...

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North Sea oil drillers get soundbites not tax cuts in Budget

North Sea oil explorers and producers were handed little in the way of a boost by the Chancellor in the budget despite the industry suffering from falling prices. Oil prices currently below $60 per barrel have hit the UK’s main ...

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Coalition branded climate-change deniers over North Sea oil boost

Plans to boost the North Sea oil industry, announced in the budget, could lead to the UK emitting tens of millions more tonnes of CO2 over the next five years, Guardian analysis reveals. The chancellor, George Osborne, this week announced a package of ...

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