The two Scottish bids to become job-creating “freeports” with special tax status have been confirmed by the UK and Scottish government two days after we exclusively revealed the winners.
If politicians allow the prize of becoming a global green energy hub to slip away from the north-east, they will never be forgiven, writes Ryan Crighton.
Trades unions in Aberdeen have issued a series of demands as they raised concerns over “low-paid and insecure” jobs that could become available if the north-east wins support for its green freeport bid.
Emerging markets will not be immune to the disruption caused by Russia’s invasion of Ukraine, but Africa brings positive signs of resilience.
As Scottish ports vie for green freeport status, Aberdeen Harbour’s boss has warned the north-east could fail to “realise its full potential” if not chosen.
Forth Ports, owner of seven ports on the east coast of Scotland, will submit a “green port” bid to the Scottish Government.
Freeport LNG has reached a deal to raise $1.025 billion from Westbourne Capital and its partners. The cash will go to supporting a fourth train at the plant. A commissioning cargo from Freeport LNG’s Train 1 was exported on September 3. The announcement comes as Cheniere Energy Partners has increased the size of a notes offering to $1.5bn, from the proposed $1bn.
Toshiba Corp. will transfer its rights to process natural gas at the Freeport LNG project in Texas to France’s Total SA, the companies said on Saturday.
Freeport-McMoRan has appointed two new members to its board of directors. The move comes a day after the company revealed it would be considering whether to make changes to the oil and gas side of its business. Andrew Langham and Courtney Mather will join the team which is comprised of 11 directors, nine independent directors and two executive directors.