Centrica chief pockets £2.42m
The chief executive of British Gas owner Centrica pocketed a £2.4 million pay packet last year, despite the firm losing hundreds of thousands of customers as it embarked on a major jobs cull.
Edinburgh
Edinburgh pupils will not be penalised for climate strikes
Pupils in Edinburgh will be able to take part in climate strikes unpunished.
Glengorm ‘reignites excitement’ in central North Sea prospects
The 250millon-barrel Glengorm discovery will ‘reignite excitement’ in the central North Sea, with eyes now on further prospects in the region according to Westwood Energy.
Faroe to hand Edinburgh prospect baton over to Shell
Energy giant Shell has been lined up to take over as operator of one of the central North Sea’s largest undeveloped prospects.
Electric bus scheme awarded £1.5m
An electric bus scheme is among more than a dozen projects sharing in £6 million from a green economy fund.
Oil crash has silver lining as start-ups celebrate sweet success
Aberdeen has been highlighted as an entrepreneurial hotspot - with the number of new companies forming in the city over the past year on the up.
Activist’s picks for Bowleven board wade into public row
An activist investor’s picks for the boardroom at Bowleven have waded into an increasingly public row between the two sides.
BP ends sponsorship of Edinburgh International Festival
Oil major BP has ended its sponsorship of the Edinburgh International Festival after 34 years.
Chinese oil company opens Scottish base, creates 10 jobs
A Chinese oil and gas research company has opened a Scottish base in Edinburgh.
Sturgeon hails new Hong Kong low carbon centre
Nicola Sturgeon has attended the official opening of a new carbon innovation centre in Hong Kong. The centre is managed by a group based at Edinburgh University and will work on projects promoting sustainable construction, energy efficiency and air quality. The launch took place at the Hong Kong Science and Technology Park as part of the First Minister’s trade mission to east Asia.
BP gives Scottish university £1.25million cash boost for energy research
A university in Scotland’s capital has been awarded £1.25million in funding to help set up a new Centre for Energy Economics Research and Policy by oil major BP. The centre, based at Heriot Watt University, will be involved in providing detailed and statistical analytical support for BP’s Statistical Review of World Energy and its annual Energy Outlook. Academics will help support BP’s economics team to provide and objective snapshot of the global energy market as well as historical data to provide contract and longer-term research on energy economics and markets.