Here are the top business stories making the headlines in the morning newspapers.

Decarbonisation plans

Around £800million would be needed to develop nearly 30 wells in key North Sea reservoirs to provide sufficient CO2 storage capacity for decarbonisation plans.

Research by Halliburton Consulting estimates that the development of 28 wells at three key hubs could offer enough storage capacity to meet the demands of the Scottish Cluster.

The cluster includes most of the top 25 largest emitters in the country which collectively accounted for around 76% – roughly 8.6million tonnes – of Scotland’s industrial CO2 emissions in 2019.

Under its plans, emissions captured from power, industrial process and the production of blue hydrogen across Scotland would be captured and stored in offshore reservoirs, including via the north-east’s Acorn project.

Acorn aims to capture and store around 300,000 tonnes of CO2 per year in its first phase, while later phases will see further volumes added from direct air capture, a sister north-east hydrogen scheme and other industrial emitters.

Energy Voice says the work was unveiled as part of a presentation during the launch of the Scottish Net Zero Roadmap roadmap by alliance group NECCUS.

As to the likelihood and timeline for the work, everything now depends on the upcoming Track 2 CCS process, in which Acorn has been dubbed a “leading contender”.

Track 2 bids must be submitted by April 28, though so far no detail has been given on when a selection will officially be made and funding allocated.

Social enterprise hub

Camphill School is getting a £75,000 grant from Aberdeen City Council to help create a new social enterprise hub.

The charity is looking to transform the vacant book shop on the Murtle Estate into a zero waste organic farm shop and community facility.

Plans for the Murtle Market reveal it would promote the charity’s impressive 80 year history and showcase various crafts made by the young people it supports.

Camphill says the facility on North Deeside Road will help support an extra 40 youngsters over the next five years.

The charity had applied to the local authority’s Place Based Investment Programme for the cash.

The Press & Journal says the application was approved by members of the finance and resources committee.

Camphill’s young people would be central to the market’s operation, from serving customers and checking stock, to making home bakes and crafting products for sale.

Produce grown on the Camphill School Aberdeen site will be sold at the market.

Nearby residents can also take their own containers along and fill up on goods and products such as pasta, pulses and laundry detergent.

Hungarian carrier worst for flight delays

Wizz Air was the worst major airline for flight delays from UK airports for the second year in a row, new figures show.

The Hungarian carrier's UK departures were an average of 46 minutes and six seconds behind schedule in 2022.

It is based on analysis of Civil Aviation Authority (CAA) data by the PA news agency.

The BBC says that was more than three times longer than the previous year, when it was also ranked last for punctuality.

Tories reject Ross suggestion on voting

The Conservative party has rejected a suggestion from its leader in Scotland that voters could tactically back Labour to oust the SNP.

Douglas Ross said in an interview at the weekend that, "where there is the strongest candidate to beat the SNP, you get behind that candidate."

It would be a case of parties doing "what's best for the country", he said.

But a Tory spokesperson told the BBC: "This is emphatically not the view of the Conservative Party.

"We want people to vote for Conservative candidates wherever they are standing as that's the best way to keep Labour and the SNP out."

Shell well

The UK’s offshore regulator has approved further drilling at Shell’s Penguins project, expected to begin this month.

The group applied to drill a production well at Penguin East in late March, securing approval from the Offshore Petroleum Regulator for Environment and Decommissioning.

Located around 150 miles north-east of Shetland, the Penguins project is a redevelopment of a former tie-back field to the Brent Charlie hub.

Energy Voice says drilling will be done by the semi-submersible Ocean Endeavour rig and is expected to take around 100 days to complete.

Russian rouble dips

The Russian rouble has fallen to its lowest value for a year, since shortly after Russia invaded Ukraine.

The currency slid to 82 roubles against the US dollar on Friday on the Moscow Stock Exchange.

Russia has been hit with massive economic sanctions since it began an offensive in Ukraine in February 2022.

Earlier this year, Russia said its economy had shrunk by 2.1% in 2022 - far less than the 15% fall that had been predicted.

Traders said the fall was linked to several factors, including lower oil prices in March cutting Russian revenue, and the sale of Western businesses in Russia in the wake of the invasion.

The BBC says the rouble's value has not slumped to this level since April 2022, though it was even lower in the immediate aftermath of the invasion, when it fell to 113 roubles per US dollar. The currency stabilised in July to reach 50 roubles, but it has weakened again since then.

American jobs boom slows

The jobs boom in the US slowed last month, but the unemployment rate remained low, as the world's largest economy remained resilient in the face of sharply-higher borrowing costs.

Employers added 236,000 jobs in March, the Labor Department said, fewer than in February but close to expectations.

At 3.5%, the jobless rate remained near historic lows.

The BBC says the data is being closely watched as the US central bank raises interest rates to stabilise soaring prices.

Bid to hike cost of Eurovision booking

Airbnb hosts in Liverpool are being warned not to try to hike prices on stays already booked ahead of the Eurovision Song Contest.

Roy Henry said his host tried to raise the price from £465 to £2,046 when they realised his stay was for the event.

Airbnb said it had "zero tolerance for this behaviour" and was taking action to stop hosts cancelling bookings and re-listing at a higher price.

The BBC says Liverpool is expecting an extra 150,000 visitors during Eurovision.

All tickets have sold out for the two semis and grand final of the international music competition from May 9 to 13.

With only 84 hotels in the city centre, Airbnb partnered with Visit Liverpool to encourage more people to list their properties to help cope with the massive influx of visitors.

But both organisations said they were concerned about "price gouging", where prices are increased to levels much higher than what is considered reasonable or fair.

After securing his tickets Mr Henry, who lives in London, booked an apartment in the city for five nights for £456.

But a day later he received an e-mail from the host who asked him to cancel the booking so the price could be amended to £2,046.

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