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Al Arabiya
3 days ago
- Business
- Al Arabiya
Is US oil dominance ending? Wood Mackenzie VP Robert Clark on the future of shale
The US has dominated the oil and gas sector in the last decade. But how long could this dominance last, given lower oil prices today, and what would a waning American oil dominance mean for oil markets globally in the future? Moreover, in the longer term, could the US continue to dominate the energy sector as the transition to clean energy quickens again, or will the Chinese competition prove too much for America in the future? Robert Clark, the Vice President of Upstream Research at Wood Mackenzie, joins Al Arabiya Business' Naser ElTibi from Texas to discuss his latest report on the topic titled 'tough on the top.'
Edinburgh Reporter
22-05-2025
- Business
- Edinburgh Reporter
Artisan Real Estate welcomes Caledonian Brewery planning consent
Artisan Real Estate is to progress with the homes-led transformation of the former Caledonian Brewery in Shandon, Edinburgh following planning approval by The City of Edinburgh Council (CEC). Councillors at CEC's Development Sub Committee on Wednesday (21 May) unanimously granted consent for Artisan's ambitious proposals to develop the historic brewery site into a sustainable, low-carbon residential neighbourhood delivering 168 new high-quality private and affordable homes. Sitting at the western edge of Edinburgh's city centre, the Caledonian Brewery was the capital's last major brewery prior to the ceasing of operations in 2022. The brewery was founded in 1869 by George Lorimer and Robert Clark and its distinctive range of B-listed Victorian buildings provide an important reminder of the city's once extensive brewing heritage. Welcoming the planning consent, Artisan's Managing Director for Scotland, David Westwater said: 'This is a hugely exciting opportunity to breathe new life into a complex and historically important city centre site, providing a high-quality mix of new homes and affordable housing in line with the Council's policy to help tackle the city's housing emergency. 'Artisan's UK-wide expertise as a regeneration specialist will now deliver a sustainable new residential community in an accessible city centre location that will respect, preserve and enhance the rich history of the Caledonian Brewery. Working closely with our heritage experts, we have unravelled the different layers of history and development which have governed the evolution of the site. This has been a model design approach to a very complex and challenging site bringing together a mix of buildings developed at different stages during the last 150 years. 'From the very start, Artisan placed the preservation of the site's unique heritage right at the heart of our approach, creating a distinctive footprint which both reflects the brewery's historical legacy whilst creating a high-quality and well-connected urban neighbourhood which promises to set new standards for city centre living.' The Caledonian Brewery's unique heritage and character will govern Artisan's development approach. Around one fifth of the homes will be housed in the existing listed buildings which will be preserved and repurposed. Additional development proposals will respect and reflect the original footprint of the brewery – including recreating the skyline of the maltings buildings which was demolished following a fire almost 30 years ago. Most of the listed buildings on the site date from the late 19th to early 20th century and were constructed using distinctive red brick with white brick dressings. The existing brewhouse and maltings were built in 1892 following designs by renowned Edinburgh architect Robert Hamilton Paterson, who also designed the Royal Scots War Memorial in the city's St Giles Cathedral. The brewery currently houses a vast amount of brewing equipment – including what was the last remaining direct fired 'coppers' to be used in the UK, which have been attracting the interest of independent breweries across the world. As part of the redevelopment plans, Artisan intends to 'upcycle' as much of the internal equipment as possible, allowing the Caledonian Brewery's significant technical legacy to continue to play a part in today's global brewing industry. Artisan Real Estate has a strong track record in delivering award-winning sensitive urban regeneration projects. This includes the New Waverley mixed-use development in the heart of Edinburgh's Old Town and part of the World Heritage Site, as well as completing the transformation of Glasgow's historic A-Listed Custom House district into a thriving hotel quarter. Mr Westwater added: 'Artisan Real Estate is committed to delivering high quality urban living for everyone in well-connected central areas, bringing interest, investment and life back into the heart of our cities. Building high-quality, sustainable homes in sensitive and unique urban sites such as the brewery site is a lengthy, complex and expensive process – but we are confident that our comprehensive proposals will raise the UK bar for the homes-led regeneration of historically important city centre sites across the UK.' The previous operators of the brewery, Heineken UK, invited bids for the site in 2022. A spokesperson for Heineken UK said: 'The Caledonian Brewery has been an integral part of Edinburgh's brewing history and the local community for more than 150 years. We were keen that the legacy of the brewery was maintained and contributed positively to the local community. 'Having received several bids for the site, we believed that Artisan's plans to deliver a 100% residential scheme delivered the best outcome for the community as well as meeting the Council's ambitions in terms of delivering sustainable housing. We are pleased that the planning consent has now been granted for this exciting city centre neighbourhood to progress which is set to preserve the brewery's legacy for future generations.' Like this: Like Related
Yahoo
19-05-2025
- Sport
- Yahoo
Charity set up in memory of much-loved Inverclyde to set to hit £150,000
A CHARITY set up in memory of a much-loved Inverclyde toddler is set to smash through the £150,000 fund-raising barrier at a forthcoming football tournament. The parents of Euan Clark, who tragically died at the age of only 18 months in 2012, have thrown themselves into fundraising ever since the tot passed away. Robert and Nicola Clark, along with family and friends, including Thomas Porteous, set up the Euan's Cause charity, and held their first fund-raising event in 2013. (Image: George Munro) Euan had undergone several surgeries and treatment for a rare heart condition, hypoplastic left heart syndrome, during his life, but passed away 13 years ago while he and his family were waiting for a heart transplant. Euan's Cause broke through the £100,000 fund-raising mark in 2022 - and now, just three years later, they're on the verge of setting another remarkable milestone. Robert, 44, said: "Euan was born in 2010 and we actually started fundraising when we knew there were difficulties, and he would need treatment." The family initially raised £15,000 for the Freeman Hospital in Newcastle, where Euan was cared for after he was initially looked after at Yorkhill Hospital in Glasgow. OTHER NEWS: Thousands enjoy the sunshine at Kilmacolm and Port Glasgow Show The main focus over the years has been to support Glasgow Children's Hospital Charity, and on May 25 they'll hold their seventh annual fund-raising football match at the Battery Park. The charity has raised around £140,000 for the charity since it was set up, and they have high hopes of raising another £10,000 at this year's match. The football action will be followed by food and entertainment at the Horseshoe Bar, whose proprietors, Iain Skilling and Michelle Campbell, have been a great support over the years. Thomas says the continuing support shown by the community of Inverclyde for the charity and its work is 'overwhelming'. He said: "This will be our seventh football match. It will follow the usual format of a Euan Clark Select against a Horseshoe Bar Select at Battery Park at noon. "Then back here at the Horseshoe Bar from 2pm, we have around 12 singers and entertainers, along with a raffle and auction, going on until midnight." Some of the prizes include jerseys signed by the Scotland, Rangers and Celtic squads as well as a top signed by Rangers goalkeeper Jack Butland. Robert and Thomas are making final preparations for the latest Euan's Cause football fund-raiser on May 25. (Image: George Munro) Robert lives in Greenock with Nicola and their children Lyle, 11, and eight-year-old Libby. He said: "When the annual event comes round, the fact Euan's name is still remembered gives us great joy. "To reach £140,000 in his name is incredible. It takes my breath away." As well as the annual football game, the charity holds fundraising events throughout the year and the whole family takes part. Nicola recently completed the Glasgow Kiltwalk with the kids and family, while Thomas and his son Adam and their family also do their bit. Robert and Thomas want to thank all the people who work behind the scenes to make the annual fundraiser such a success. Among them are Graham Irving-Cole, who raised £700 in a sponsored weight loss effort that saw him shed three stone, and who also uses his network of contacts to book entertainment for the charity's events. They also singled out Dani Smith and Elliott Entertainment for their efforts, as well as the Flower of Scotland bar in Fuerteventura - a favourite haunt for a group of Horseshoe regulars who holiday in the Canary Islands every year - who donated 1,000 Euros to the charity. Iain and Michelle also run a pub in Renfrew, and gave half of the proceeds from a recent fund-raising event to Euan's Cause. To make a donation to the charity, visit Robert said: "From day one it was about helping other families, and if we prevent one family from having to go through anything similar it is all worthwhile. Thomas added: "Inverclyde is the poorest of the 32 local authorities in Scotland but people always step up. "Once this event is over, we will start planning for the next one. "We will never stop. It is a part of our lives, and we will pass it on to our own kids."
Edinburgh Reporter
04-05-2025
- Business
- Edinburgh Reporter
The Leddie Launches Seasonal Summer Menu Showcasing the Best of Local Produce
The Leddie, the award-winning boutique retreat in Aberlady, has unveiled its seasonal summer menu. Drawing on the rich bounty of East Lothian's local larder, the new seasonal selection highlights locally sourced ingredients and fresh, vibrant flavours. From garden-grown herbs to locally sourced seafood, the menu reflects The Leddie's continued commitment to sustainability, quality, and culinary excellence. The menu ranges from light lunches in the beer garden to hearty post-golf dinners. The Leddie team has expertly designed the seasonal menu to cater to all tastes and occasions. The Leddie's AA Rosette restaurant invites guests to savour the season in true East Lothian style. Highlights include vibrant summer salads such as a classic Caesar with a choice of chicken or prawns, and a daily rotation of fresh seafood specials sourced directly from nearby shores. The centrepiece of the summer kitchen is The Leddie Grill, where guests can enjoy premium cuts from award-winning East Lothian butcher, John Gilmore. A selection of vegetarian and vegan dishes also features prominently, including seasonal asparagus, pea and wild garlic pappardelle with parmesan, and The Leddie Falafel Burger, served with baby gem, tomato, gherkins, harissa mayo and fries. The beer garden offers the ideal setting to soak up the long, light Scottish evenings, perfect for casual al fresco dining or drinks with friends. Located just 30 minutes from Edinburgh, it is a coastal escape 'that feels a world away'. Robert Clark, General Manager of The Leddie, said: We're incredibly proud of what the team have created for this year's summer menu. At The Leddie, we believe in championing local producers and letting seasonal ingredients speak for themselves. This new menu celebrates the region's best – from the fields, the coast, and everything in between. Whether it's a relaxed lunch in the garden or dinner after a day on the links, we're proud to offer something for every guest to enjoy.' Like this: Like Related
Daily Mail
22-04-2025
- Politics
- Daily Mail
Satellite images show China's new naval base fueling military concerns
Six nuclear submarines have been discovered at a previously hidden Chinese military base. Satellite imagery has revealed that at least half a dozen active submarines are resting at the First Submarine Base in Qingdao, which has direct access to the East China Sea, the Yellow Sea and the Sea of Japan. Alex Luck, an independent naval analyst from Australia who first spotted the images, said five of the nuclear-powered submarines on the once-secret base were conventionally armed. These included two Type 091 submarines, two Type 093A submarines, and one unidentified submarine. The only Chinese Type 092 nuclear-powered ballistic missile submarine, which is no longer operational and was recently replaced by Type 094, was also visible in the images. Experts have suggested that the base could be a central part of China's expanding martime strategy. Last night campaigners called on Western nations to take a tougher stance on Beijing in light of their military buildup. Robert Clark, the head of UK Public Affairs and Advocacy at the Committee for Freedom in Hong Kong Foundation, told MailOnline: 'This alarming development confirms two important facets of Chinese military strategy - the first is their intent to continually defy international law by increasing their rate of nuclear proliferation.' 'The second is their desire to not only break through as a truly 'blue water' navy, but to actively dominate the strategically important sea lines of communication all the way out to the third island chain, and as far as Australia and in the Indian Ocean. 'The base at Qingdao and their recently revealed nuclear submarines will give Beijing an enormous strategic edge in this regard. 'As the US begins to follow a more isolationist policy, today's deployment of the Royal Navy Carrier Strike Group to the Indo-Pacific must incorporate passage of the Taiwan Strait - just as previous deployments have done - to send a clear signal to China that it does not control these waters and islands which it has no legitimate basis'. Beijing's focus now appears to be modernising the nuclear component of its arsenal. China currently possesses about 600 nuclear warheads, but maintains a no-first-use nuclear weapons policy. It has built 12 nuclear-powered submarines over the last 15 years, including six Jin-class model, which were proudly displayed in a parade marking the 70th anniversary of the founding of the People's Republic in 2019. Each of these can carry up to 12 missiles. Experts also expect another new type of the submarine - the 096 - to be operational in the 2030s. This will likely be armed with a longer-range ballistic missile to bolster China's naval deterrence efforts. Overall, the People's Liberation Army Navy (PLAN) of China possesses both a nuclear-powered submarine fleet and a robust diesel-electric submarine fleet. US intelligence estimates that the PLAN is expected to grow its fleet from 60 to 65 submarines by the end of this year, and to 80 by 2035. Luke De Pulford, Executive Director of the Inter-Parliamentary Alliance on China, told MailOnline: 'China is engaged in what the former foreign secretary called the biggest military buildup in history. 'We, meanwhile, have our heads buried in the sand, sending ministers to China in the hope of more trade and investment as if nothing is wrong. We need to wake up fast and realise that Beijing is on a war footing, and escalation over Taiwan could cost the world 10% of global GDP or even more. We should be acting with allies to determine red lines and develop meaningful deterrence.' It is believed that the submarines, as well as acting as a deterrent, could also provide Beijing with a second-strike option, meaning they will be able retaliate with nuclear weapons if they sustain a nuclear attack. It hasn't all been plain sailing, however. In 2023, a Zhou-class vessel - the first of a new kind of Chinese submarine - sank in a dock, according to US defence officials and satellite imagery. China's capability build-up comes in light of increasing fears that they are preparing to invade Taiwan. Last week Taiwan's Ministry of National Defence (MND) reported a sharp rise in Chinese military activity around its airspace and waters. According to the MND, 34 aircraft of the People's Liberation Army (PLA), six naval vessels from the PLAN and two official ships were detected around the island. Earlier this month - just days after China held live-fire exercises in the Taiwan Strait - Taiwanese authorities started a two-week long military simulation to prepare for an assault on the island. Want more stories like this from the Daily Mail? Hit the follow button above for more of the news you need.
