North Sea oil industry 'close to collapse'

North Sea oil industry 'close to collapse'

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2,939 posts

193 months

Thursday 18th December 2014
quotequote all
http://www.bbc.co.uk/news/business-30525539

The UK's oil industry is in "crisis" as prices drop, a senior industry leader has told the BBC.

Oil companies and service providers are cutting staff and investment to save money.


now I am a simple person but.......

http://www.n-56.org/updates/oil-and-gas-revenues-m...

Does the first article mean the Scottish finances in the red ?