Bussiness
Don’t close door on oil and gas, ministers urged
Hello and welcome to our daily digest of business, financial and economic news from around Scotland.
1. Scottish ministers must scrap their presumption against new oil and gas projects, a business body has said.
Aberdeen & Grampian Chamber of Commerce (AGCC) made the plea before the publication of the Scottish government’s revised energy strategy and just transition plan.
The original draft, released in January last year, stated that Holyrood had a “presumption against” new oil and gas exploration.
Russell Borthwick, chief executive of Aberdeen & Grampian Chamber of Commerce, said the tone set by Holyrood mattered to investors
AGCC
While most policy relating to the sector is reserved to Westminster, industry felt that the message sent by what was then Nicola Sturgeon’s government had discouraged investment in the North Sea.
The suggestion has been that the SNP will now support new exploration licences if climate
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