Regional4 months agoAdministrators lined up for North Sea oilfield services group PetrofacPetrofac’s board has lined up Teneo to act as administrator, a move which could be triggered as early as Monday…
Regional4 months agoBreaking news: Treasury weighing early end to windfall taxThe Treasury is considering scrapping the oil and gas windfall tax as early as next year in a move aimed…
Regional4 months agoJOB FEARS Scotland’s oil & gas industry being ‘demolished’ as stark jobs warning issuedCommittee members also blasted the windfall tax on oil and gas energy profits North Sea oil and gas jobs are…
Regional4 months agoKeir Starmer: I will ‘double down’ on oil and gasThe Prime Minister has given his biggest hint yet that the Rosebank oil and gas field will be given the…
Regional4 months agoEnergyPathways prepares fresh storage licence bid for flagship MESH projectEnergyPathways PLC is preparing to file new applications for hydrogen and gas storage licences in the East Irish Sea, aiming…
Regional4 months ago110 companies call for end to North Sea oil profits levy but Miliband signals otherwiseMore than 110 companies have signed a letter calling on the government to end the Energy Profits Levy (EPL) on…
Regional4 months agoUpdate on the UK’s biggest oilfield: Decision day looms for RosebankOil giant Equinor has resubmitted its application for the massive Rosebank oil field, forcing the UK government to make an…
Regional4 months agoGovernment must act on windfall tax warningsRachel Reeves does not have an enviable task. The budget later this month is sure to be full of difficult…
Regional4 months agoWood Group CEO resigns ahead of Sidara takeoverWood Group has announced that its chief executive Ken Gilmartin is to resign from the engineering consulting firm ahead of…
Regional4 months agoMan Utd’s Ratcliffe warns 10 MILLION jobs at risk from Net Zero taxes and ‘de-deindustrialisation’Chemicals tycoon Jim Ratcliffe warned today that up to 10 million jobs could be lost in the next decade as…