St Fergus News Today

Good morning. You have been crunching the numbers, they have just come out. They sound like they are doing very well. It does, doesnt it . They are benefiting from Rising Interest Rates all around the world, not just in the uk. Hsbc is a global buying and we have had Interest Rate rises everywhere, they have cashed in on back. Margin up by a0 basis points and revenues increased as a result. Cashed in on that. Most of the money they are making is in asia, i assume . Yes, pretty much. They are loo...

July saw the world heating up. Now political debates around energy and Climate Change also hotting up too. The government has said it will back hundreds of new licences for oil and Gas Production sites like this in the north sea. It has also confirmed it will support two new Carbon Capture and storage projects in northeast scotland and the humber. These would capture Carbon Dioxide where fossil fuels are burned and pipe it under the sea to store it. Climate campaigners fear it is a tactic to kee...

First, heres our Political Correspondent ione wells reports. July saw the world heating up. Now, political debates around energy and Climate Change also hotting up, too. The government has said it will back hundreds of new licences for oil and Gas Production sites like this in the north sea. Its also confirmed it will support two new Carbon Capture and storage projects in northeast scotland and the humber. These would capture Carbon Dioxide where fossil fuels are burned and pipe it under the sea...

Energy and Climate Change are hotting up too. The government has said it will back hundreds of new licences for oil and Gas Production sites like this in the north sea. Its also confirmed it will support two new Carbon Capture and storage projects in northeast scotland and the humber. These would capture Carbon Dioxide where fossil fuels are burned and pipe it under the sea to store it. Climate campaigners fear it is a tactic to keep the Fossil Fuel Industry in business. The Prime Minister on a ...

To stop that co2 from being released into the atmosphere, either by re using it, or storing it underground. Take this gas fired Power Station, for example. As the natural gas is burned to generate power, the Carbon Dioxide is separated out from it. Its then diverted via another pipeline and stored underground. If the Acorn Project it is given the go ahead, waste c02 will be piped from Central Scotland here to st fergus using old pipelines. Refineries at mossmoran and grangemouth, as well as a ne...

When the gas is burned, the c02 is separated out and then its pumped underground to be stored in empty gas and oil reservoirs. the government has announced today it will fund a project at st fergus, on the north—east coast of scotland, and another on the humber. its already announced investment in plants on teesside and on the mersey. none of these have been built yet and it will be many years before they will be capable of trapping anywhere near the millions of tonnes of c02 these new oil and...

Will the carbon capture and storage project he has announced today offset the emissions? carbon capture and storage plants are designed to trap that planet—warming c02, or take it directly from the atmosphere and store it underground. take this gas—fired power station, for example, as the natural gas is burned to produce electricity, the carbon dioxide are separated out — pumped underground to be stored in empty gas and oil reservoirs. the government has announced investments in a plant in...

Projects will be based. rebecca, these plans are dividing opinion, as weve seen. what have people been saying they are? weill. people been saying they are? well, ou “oin people been saying they are? well, you join me — people been saying they are? well, youioin me in _ people been saying they are? well, youjoin me in saint— people been saying they are? well, youjoin me in saint fergus, - people been saying they are? vii you join me in saint fergus, which is in aberdeenshire, and you can se...

That has left us the worst hit of any western european country during this energy crisis. the snp said it is important to keep the oil and gas workforce in scotland employed, but have called for a just transition towards greenerjobs. this is a nuanced discussion, it needs a grown—up approach, not the drill baby, drill, approach the westminster government is taking at this point in time which ignores the reality of energy security in the years to come and lack of investment they are putting int...

NOT even the Greens are advocating that all of Scotland’s oil and gas wells be immediately plugged and abandoned, although some more devious…