UPDATE 1 — Two thirds of small employers in Scotland with EU workers are concerned about future skills shortages, according to new research from the…

An estimated 530,000 jobs in Scotland depend on demand for Scotland’s goods and services from the rest of the UK, according to research by the University of Strathclyde’s Fraser…

Scotland’s official unemployment level fell by 15,000 in the most recent quarter to 123,000, with the rate down 0.5 percentage points to 4.5% — below the…

Highlands and Islands Airports Ltd (HIAL) recorded a 15.4% increase in passenger numbers — reaching a record breaking 1,658,423 customers — at its 11 airports…

Hurricane Energy said on Friday it tripled its estimate of recoverable oil from its Lancaster field in the North Sea. The announcement came a few days after Hurricane announced…

Aberdeen-based independent oil and gas firm Parkmead said it nearly doubled its stake in the major Sanda North and Sanda South structures in the West of…

Hurricane Energy is set to announce it has made a further, important oil discovery west of Shetland, according to the Financial Times. The news comes…

A new report by Savills and Scottish Woodlands said more than 18,300 hectares of forestry were sold across Britain last year at a cumulative value of £83 million…

The UK government said on Monday it intends on March 29 to formally trigger the long negotiations for the UK to leave the EU. “The UK’s Permanent…

Food and drink exports from Scotland grew by £421 million or 8% in 2016 to a record £5.5 billion — with exports to EU countries…

Trade body Oil & Gas UK welcomed the move unveiled by UK chancellor Philip Hammond in his Budget speech to review North Sea tax rules to try and find ways…

The Scottish Government should use new borrowing powers to create an infrastructure bond to encourage private sector investment in Scotland’s transport network and other public…

Trade body Oil & Gas UK said output from the UK Continental Shelf (UKCS) rose 5% to 1.73 million barrels of oil equivalent per day (boepd) in 2016 and should…

The Scotch Whisky Association (SWA) has urged MEPS to vote in favour of the EU-Canada Comprehensive Economic and Trade Agreement (CETA). The SWA said CETA…

The CEO of Aberdeen-based Faroe Petroleum said in an update the firm was “poised for a major growth phase” and it would pursue deals in its core…

Property consultants CKD Galbraith said the commercial farmland market in Scotland will remain robust throughout 2017 “given the healthy levels of interest witnessed in the previous 12 months.”…

Shell agreed to sell roughly half of its UK North Sea assets to independent firm Chrysaor for up to $3.8 billion. Chrysaor, backed by Harbour Energy, an…

Edinburgh-based Standard Life plc said Paul Matthews, CEO UK & Europe Pensions and Savings will stand down as an executive director and Barry O’Dwyer, currently CEO…

Scotland’s exports to the rest of the UK and to international markets in 2015 — excluding oil and gas — were estimated at £78.6 billion, up…

North Sea exploration firm EnQuest said it agreed to acquire from BP an initial 25% interest in the Magnus oil field for about $85 million — with an option to…

Highlands and Islands Airports Ltd (HIAL) said passenger numbers rose 10.6% to a record 1,606,168 travellers at its 11 airports across Scotland in 2016. HIAL is…

Emerging markets specialist Aberdeen Asset Management believes that any imposition of trade barriers after Donald Trump becomes president of the United States “may force some…

Eurowings is to launch a new direct flight service between Edinburgh Airport and Munich on March 31 next year. The five times weekly service further strengthens…

Glasgow-based pensions and benefits consultant Hymans Robertson said it appointed Barry McKay as Head of Local Government Pension Scheme (LGPS) Actuarial, working alongside David Walker as Head…

Shares of Hurricane Energy soared more than 12% after it announced a “significant” oil find at the Lincoln Well west of Shetland. Hurricane CEO Robert Trice said: “I…

Edinburgh has been ranked number one in the 2016/17 “Global Cities of the Future” for Foreign Direct Investment (FDI) Strategy by the fDi Intelligence publication, a division of the…

Oil prices rose on Monday to their highest levels in about 18 months after OPEC and non-OPEC producers agreed to cut oil output to ease…

Baillie Gifford’s £1.3 billion Monks Investment Trust said the consequences of the Brexit vote had been very good news for the closed-end fund in the short term…

Aberdeen-based Faroe Petroleum, the independent oil and gas company, said it completed the previously announced acquisition of interests in five Norwegian North Sea producing oil and…

Statoil said production drilling has started on the massive Mariner field on the East Shetland Platform of the UK North Sea about 95 miles east of the…

The North Sea oil and gas industry gave a cautious welcome to news that some of the world’s biggest producers agreed a deal to curb production for the…

BP said it acquired interests in two North Sea exploration prospects — Jock Scott and Craster. BP acquired a 25% interest in two Statoil-operated licenses east…

UK airline Flybe announced that its franchise agreement with Glasgow-based Loganair to fly under the Flybe brand has been terminated with effect from August 2017 “following…

The Scottish Government has urged the UK Chancellor’s Autumn Statement to include measures that widen access to North Sea decommissioning tax relief and for the UK…

About £17.6 billion will be spent on offshore oil and gas decommissioning on the UK Continental Shelf (UKCS) between now and 2025, according to a new report from trade…

(Updated) — A new report from PwC on the oilfield services (OFS) sector predicts an “uneven” recovery that could see oil prices reach a “robust” $60-$70…

Scotland’s deputy First Minister John Swinney said the UK Government’s decision to reduce Scotland’s defence estate by 20% is a “huge blow for the country.” The Scottish…

Chevron North Sea said it finally started production at the Alder high-pressure, high-temperature (HPHT) gas condensate field in the Central North Sea discovered 41 years ago…

Oil & Gas UK has written to UK Chancellor Philip Hammond asking him to use his Autumn Statement later this month to boost investor confidence…

Edinburgh-based Standard Life said it completed the acquisition of AXA Portfolio Services — which trades as Elevate — from AXA UK plc following Financial Conduct Authority consent. “The…

Royal Bank of Scotland chairman Howard Davies has warned that big banks are planning to shift “the balance” of their activity away from London’s financial…

More than three billion barrels of oil equivalent (boe) remain in about 350 unsanctioned discoveries across the UK Continental Shelf (UKCS), according to information released by…

The long-awaited £1 billion redevelopment of the Edinburgh St James Centre will finally get under way with immediate effect after Dutch pension fund asset manager APG agreed…

Aberdeen-based Faroe Petroleum, the independent oil and gas company, announced an oil and gas discovery at the Njord North Flank in the Norwegian Sea, in…

Scotch Whisky Association (SWA) chief executive David Frost has urged the UK government to put transitional arrangements in place that minimise trade disruption should the UK leave…

International tourists visiting Scotland spent more than £500 million in the second quarter of the year for the first time — even though the overall number of…

The Scotland-generated share of UK tax receipts fell from 8.1% in 2014-15 to 7.7% in 2015-16, according to official statistics published by Her Majesty’s Revenue and…

About 330,000 jobs across the UK are currently supported by the offshore oil and gas industry, down from a peak of about 450,000 jobs in 2014,…

The incomes of British pensioners have doubled in the last 20 years and — after housing costs — are now almost equal to those of…

Shares of Aberdeen-based oil and gas firm Parkmead rose about 10% after it said it increased its stake in the Perth and Dolphin oil fields…

Shares of oil firm Hurricane Energy soared 53% after it said tests at the Lancaster field west of Shetland showed “a very significant hydrocarbon column.” Hurricane CEO…

North Sea exploration firm EnQuest said its pre-tax profit rose 51% to $149.7 million on revenue and other operating income down 12% to $391.3 million in the six…

Shares of Edinburgh-based global oil and gas explorer Cairn Energy rose 4.5% after it said an appraisal of its “world-class” discovery off the coast of Senegal had significantly increased so-called “2C”…

Oil and gas firm Parkmead has doubled its stake in the Polecat and Marten oil fields in the UK Central North Sea.  The Polecat and…

The percentage of the Edinburgh workforce with a degree level qualification or equivalent is higher than any other major UK city, according to the latest ‘Edinburgh…

As the Scottish Government focuses on pursuing “all available options” to keep Scotland in the EU, the Scotch Whisky Association (SWA) chief executive David Frost has vowed…

News publisher Johnston Press, owner of The Scotsman, said it has continued to increase readers of the i newspaper since it was acquired in April 2016…

Investment bank JP Morgan said on Wednesday it expects Scotland to vote for independence and introduce its own currency before the UK leaves the European Union in…

The share prices of many of Scotland most important public traded companies have plummeted since Friday morning when it became clear the UK had voted narrowly to…

Scotch Whisky Association (SWA) chief executive David Frost said the £5 billion industry had “serious issues to resolve” now that the UK had voted to leave the EU…

A report by the UK music industry said £295 million was generated for the Scottish economy from music tourism in 2015. The UK Music report…

Jobs supported by the UK’s offshore oil and gas industry will have fallen by the end of 2016 by an estimated 120,000 since their peak…

Edinburgh’s status as a World Heritage Site is worth between £1.2 billion and £1.4 billion, claims a new report. The Edinburgh World Heritage group said…

Unite, Scotland’s biggest union, has called for a cross-sector oil and gas summit to “plan for the industry’s survival and growth” after Shell announced it will…

Scotch Whisky exports reached £3.86 billion in customs value last year as the industry continued to show strong signs of recovery after a slight decline in recent…

BP said on Monday it has doubled its interest in the Maersk-operated $4.5 billion Culzean gas development in the UK central North Sea after acquiring an additional interest from JX…

The Scottish Council for Development and Industry said there is “a very high level of support” among its members for the UK to remain a proactive member of…

More than £1 billion of Scotch whisky exports could be at risk for an industry that supports 40,000 jobs if the UK leaves the EU, according to…

Edinburgh-based pensions and investment firm Standard Life said it agreed to acquire AXA Portfolio Services Limited — which trades as Elevate — to further strengthen its position as a platform provider…

The average FTSE 100 firm’s defined benefits pension scheme saw its asset allocation to bonds increase from 56% to 59% in the year to September 30, 2015, according…