I read with wry amusement that some 58 of Aberdeen’s great and good have written to the First Minister Nicola Sturgeon and other political leaders asking for a “more reasoned debate” on the future of oil and gas.
Dozens of north-east business leaders have penned an open letter warning politicians against creating a “hostile investment environment” for the oil and gas sector.
Billionaire industrialist Sir Ian Wood has hit out at politicians who have failed to support the controversial Cambo oil and gas development, warning it will create an “adverse investment environment” with thousands of jobs on the line.
Billionaire industrialist Sir Ian Wood has said he is “more hopeful” about the prospects of a landmark project to capture, store and manage carbon in the north-east than he was when it was snubbed in a £1billion government funding programme a few weeks ago.
Chancellor Rishi Sunak has come under fire for “failing to provide much needed clarity” on future carbon capture projects after a snub for the Acorn project last week.
A new programme designed to identify opportunities and explore deployable solutions to reduce greenhouse gas emissions has been launched in the north-east.
A north-east engineering giant founded by the family of Sir Ian Wood has won a design contract on a carbon capture project in England that beat out a rival bid in Scotland in a recent competition.
Some of the energy industry’s biggest names are calling on the UK Government to make Scotland part of its initial carbon capture and storage (CCS) plans.
Sir Ian Wood has joined an array of high-profile speakers attending the Energy Voice event that will raise the curtain on the COP26 climate summit in Glasgow.
UK business secretary Kwasi Kwarteng has been grilled over the decision to reject the Scottish Cluster from the first round of a £1billion government carbon capture utilisation and storage (CCUS) competition.
Scottish business leaders have joined forces with billionaire Sir Ian Wood to demand the North-east is made the centre of plans to decarbonise the UK energy system.
“I feel we deserve to be condemned if we weren’t doing everything we possibly can to find alternatives, but I really believe we are”, claims Sir Ian Wood.
Energy firms behind ambitious plans to develop floating wind and green hydrogen projects off the north-east coast will work together to see if their schemes are an ideal match.
As Big Oil becomes increasingly regarded as a pariah, so attitudes are changing in a number of Western governments towards support for smaller nations looking to develop their fossil fuel resources.
Sir Ian Wood has criticised governments for removing overseas trade support for oil and gas activities, saying it won’t reduce carbon emissions “one inch”.
The UK country manager for one of the biggest names in the global energy service industry is among the top-class speakers who will feature in a much-anticipated virtual business breakfast later this month.