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Features

Features

Opinion: Ed Davey says ‘We’re determined to make the most of what is left’

As the North Sea enters the next phase of its life, we will make sure it continues to provide jobs and wealth throughout the UK. North Sea oil and gas can work alongside wind, solar, tidal and nuclear power to cut expensive foreign imports and help keep our lights on with British-produced energy. The broad shoulders of the United Kingdom is unlocking the power of Scotland to take its place as one of the world’s great energy hubs – generating energy and generating jobs.

Features

Al-Qaeda offshoot threatens Iraq energy sites after taking Mosul

Fighters from a breakaway al-Qaeda group are in position to seize energy infrastructure after taking control of Mosul in a strike that highlights Prime Minister Nouri al-Maliki’s weakening grip on the country. Tribal gunmen allied to the group are close to capturing Baiji, north of Baghdad and home to Iraq’s biggest refinery, Al- Jazeera television said. Baiji has a refining capacity of 310,000 barrels a day, according to the Energy Information Administration.

Features

Independence vote ‘stalling investment’

Doubts over the outcome of the independence referendum are stalling investment in the north-east of Scotland by English firms keen to develop their oil and gas portfolios, according to a leading lawyer. Richard Cockburn, a partner in the energy and natural resources team at legal firm Bond Dickinson, is involved in helping companies from both areas expand and, where appropriate, work together. The firm has offices in Aberdeen, Newcastle and Teesside. He said more and more supply chain companies from the north-east of England are keen to become involved in the opportunities which the current buoyancy, combined with a skills shortage, has created. However, they are increasingly concerned about what will happen after September 18.