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Latest News

  • Energy Jobs Taskforce Meeting for First Time in Aberdeen

    A taskforce which aims to support jobs across the energy sector is set to meet for the first time in Aberdeen.

    The new Energy Jobs Taskforce, which was established by Scotland’s First Minister Nicola Sturgeon, will focus initially on the oil and gas industry.

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  • Oil Price Falls a Further 3% to New Six-Year Low

    The price of Brent crude oil has fallen, further taking it to a new six-year low.

    The price of a barrel of the North Sea benchmark dropped by 3% to $48.54, its lowest level since April 2009.

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  • US Oil Falls Below $50 A Barrel

    The price of US oil has fallen as a result of increased production due to fracking, boosting the US economy.

    The US oil price fell below the symbolic threshold of $50 a barrel for the first time since April 2009, before finishing the day at $50.05

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