Subscribe free to our newsletters via your
. Farming News .




OIL AND GAS
Scotland woos Chinese investors to energy sector
by Daniel J. Graeber
Beijing (UPI) Jul 29, 2015


disclaimer: image is for illustration purposes only

A Scottish delegation on an official trip to Beijing said they wanted to draw Chinese investors into the North Sea oil and natural gas sector.

Scottish First Minister Nicola Sturgeon led a delegation to Beijing, meeting with senior representatives from three of the largest Chinese oil companies.

"I made it clear to management from the firms that Scotland wants to work with them and seize on the vast opportunities that remain in the North Sea," she said in a statement. "Scotland is open for business and investment and partnership working with firm from countries like China will further cement our industry reputation for international leadership."

Data published last month by the Scottish government said the North Sea remains the largest oil producer and second largest natural gas producer in Europe. Scottish Deputy First Minister John Swinney said there's "no disputing" the industry is depressed, but production is expected to increase by as much as 17 percent by 2019.

Scotland pegged its future during a 2014 bid for independence on revenue from oil and gas reserves in the North Sea. Had it passed, an independent Scotland would've drawn on revenue from the oil and gas sector to fuel the economy while generating electricity from renewable resources.

"The Scottish government is fully committed to the oil and gas industry; it has been a true success story and we are working to ensure it will continue to be so," the first minister said.

Alex Salmond, Sturgeon's predecessor, said a second vote on independence from the United Kingdom is "inevitable," adding the timing of a new referendum would be up to the first minister.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
41 more North Sea oil, gas licenses announced
London (UPI) Jul 27, 2015
The United Kingdom Oil and Gas Authority (OGA) announced 41 new licenses Monday to explore the U.K. Continental Shelf in the North Sea. An additional 134 licenses were awarded in November 2014. The total of 175 licenses makes the round of applications among the largest since the licensing process began in 1964. "The U.K. Continental Shelf remains a world-class hydrocarbon provinc ... read more


OIL AND GAS
Satellites peer into rock 50 miles beneath Tibetan Plateau

Satellite imagery reveals Pilanesberg ring dike complex

Google lets users map their steps

NASA Satellite Camera Provides "EPIC" View of Earth

OIL AND GAS
Russia, Brazil to track space junk with GLONASS

China's Beidou navigation system to track flights

Russia's GLONASS Proves More Than a Match for America's GPS

Russian, Chinese Navigation Systems to Accommodate BRICS Members

OIL AND GAS
China ire as Myanmar jails scores for illegal logging

Myanmar jails Chinese nationals for illegal logging: report

Controlled burns increase invasive grass in hardwood forests

In a warming forest, fungi may be key to trees' survival

OIL AND GAS
Microalgae as a feedstuff for grower steers

Tropical peatland carbon losses from oil palm plantations may be underestimated

How do biofuel perennials affect the water cycle?

Scientists study ways to integrate biofuels and food crops on farms

OIL AND GAS
Solar Impulse 2 needs 20mn euros to complete flight

Rice University finding could lead to cheap, efficient metal-based solar cells

Reshaping the solar spectrum to turn light to electricity

Langa selects Schneider and Saft for two new solar power plants in Corsica

OIL AND GAS
Rhode Island to get offshore wind farm

Wind energy provides 8 percent of Europe's electricity

Siting wind farms more quickly, cheaply

Galapagos airport evolves to renewable energy only

OIL AND GAS
Six China miners saved after 7 days underground: Xinhua

Coal industry suffers as demand falls short of supply

Contentious China-run mine in Australia shows 'world gone mad'

German government drops plans for contested coal tax

OIL AND GAS
China sentences 14 'Almighty God' members to jail: Xinhua

Hard lives of China's 'left behind' children

Chinese police vanquish Spartan invasion of Beijing

Three "civil disobedience" activists in China subversion trial




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.