St Fergus News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 looking at good performances in commercial banking, transaction banking, things like that. Its looking ...

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 keep the Fossil Fuel Industry in business. The Prime Minister on a visit to aberdeenshire argued todays...

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 to store it. Climate campaigners fear it is a tactic to give the Fossil Fuel Industry in business. ...

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 visit to aberdeenshire argued todays announcements would help the uk reach its net zero target by 20...

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 new Power Station at peterhead, have already signed up. And experts and Policy Makers say the technolo...