A north-east transport firm is playing its part in the region’s recovery from the pandemic after announcing a £750,000 investment.
British billionaire Richard Branson’s airline, Virgin Atlantic, has signed up to use a technology that will suck carbon-dioxide directly from the north-east sky before locking it away.
Irish firm Simply Blue Energy (SBE) and global energy services giant Subsea 7 have teamed up to develop a new floating offshore wind farm off the north-east coast.
Rollout of CCS technology is likely to be very "place-specific", rather than widespread, as a measure to tackle climate change, according to new research.
A leading Scottish economist has said the greater exposure to the “economic fallout” of the Covid-19 crisis suffered by Aberdeen and wider north-east, compared with other parts of the country, must not be forgotten in post-pandemic rebuilding efforts.
Sir Ian Wood, chair of economic development body Opportunity North East (ONE), comments on the Energy Transition Fund announcement from the Scottish Government.
Investing in capital markets is, speculators aside, a long- term play. When times are good investors can relax and take pleasure in their investment prowess; when times are bad investors need to remind themselves, they are in for the long term, and play to the fundamentals.
The oil price freefall means projections for the UK’s North Sea revenues are already out of date before the Budget is even published, according to a leading analyst.