Argyll and Bute Council one of only two in the black
Of the 31 Scottish local authorities who revealed their balance sheets to a recent survey, 29 are in debt, some almost at the limit of the borrowing allowed to councils in Scotland.Only two councils...
View ArticleNorth Sea oil & gas outlook
The North Sea oil and gas industry is facing job losses in the upstream side of operations, with Chevron and Shell having recently announced the cutting of 475 largely onshore jobs in Aberdeen, 250...
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Why North Sea is crisis for UK
A big part of the economic landscape of 2015 – and onwards - is the sharp fall in the price of oil, threatening continuing production in the North Sea, employment and state revenues. This will be the...
View ArticleMajor players unable to sell North Sea assets
We published recently that industry insiders say that virtually everything in the North Sea is now for sale, formally or informally. It is estimated that £30 billion worth is formally for sale today –...
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