oil fund

Commenting on Gordon Brown's attendance at the Jeddah Energy Meeting, SNP Treasury spokesperson Stewart Hosie MP said that it wasn't enough for the Prime Minister to feel people's pain – he had to act to do something about it.

First Minister Alex Salmond has written to the Chancellor of the Exchequer stepping up the call for a share of the Treasury's North Sea tax windfall in order to establish a Scottish Oil Fund.

SNP MSP Kenneth Gibson has today called on Wendy Alexander to outline her position on Scotland’s current oil crisis and the importance of establishing an oil fund to put aside a portion of current oil revenue for investment in Scotland’s future.

First Minister Alex Salmond today stepped up his call for extra cash generated by rising oil prices to be used for Scotland's benefit.

The North Sea has almost as much oil left as has already been extracted, a BBC Scotland investigation confirms.