UK North Sea oil and gas endured its toughest year in decades in 2025, with investment pulled back sharply and offshore ...

Scotland’s net fiscal balance has improved since last year, driven by record North Sea revenue, as well as strong growth in income tax, national insurance contributions, and VAT, the Scottish ...

An academic whose warning on North Sea job losses was publicly dismissed by Rachel Reeves has revealed his analysis was used by the UK Government ...

Opponents of the energy profits levy have claimed that it discourages oil companies from investing in the North Sea - Matthew Lloyd/Bloomberg A furious, but inevitable, row has erupted over the future ...

The UK’s North Sea Transition Authority (NSTA) has begun a new round of carbon capture and storage (CCS) licensing, offering 14 locations in English and Scottish waters for exploration and appraisal.

Pristine white sand on this quiet lovely Shetland beach on Trondra. A few days later their were severe gales that lasted for days. Forbes readers may be more familiar with Rosebank the whisky, than ...

The oil and gas industry is at the heart of Scotland’s economy but its accelerated decline, at the hands of government fiscal policy, could also endanger the push to renewable energy as companies seek ...

Scotland’s public spending deficit shrank after revenue from the North Sea oil industry jumped to the highest in eight years and helped offset the fallout from the coronavirus pandemic. The shortfall ...

LONDON, Jan 4 (Reuters) - U.S. President-elect Donald Trump on Friday criticised the British government's energy policy with a demand the country "open up" the ageing North Sea oil and gas basin and ...

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The offshore wind industry continues to grow as nations look to change Europe’s oil and gas hub into a major source of renewable energy. By Stanley Reed Reporting from London The North Sea has long ...