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

Rooftop terrace approved for Aberdeen pub

An Aberdeen Wetherspoons will build a "rooftop terrace" - despite fears noisy revellers could cause sleepless nights for hotel guests yards away.

The Justice Mill pub will undergo a major revamp, with the chain's plans now approved by Aberdeen City Council.

It will mean part of the roof will be removed from the first floor to turn it into an al fresco dining area.

The Press and Journal says the 160-seater outdoor space will be built alongside an extension with enough room for about 150 customers in a new upstairs bar too.

The approval comes despite warnings that the development could have a "very serious economic impact" on the Park Inn by Radisson hotel just across Justice Mill Lane.

North-east could get one of the tallest windfarms in world

Controversy has been sparked over plans to build one of the tallest onshore wind farms in the UK - less than four miles from Banchory in Aberdeenshire.

Renewables developer RES is behind the 17-turbine development, according to the Press and Journal.

Each machine would be 820ft tall and "theoretically visible" up to nearly 22 miles in all directions, from Moray to Angus, according to planning documents.

The Hill of Fare wind farm has sparked an outcry from campaigners opposing it, while local residents are being urged to give their views in an upcoming consultation.

Its height will fall just shy of turbines in an extension to the Lethans development planned for New Cumnock in East Ayrshire, billed as the "tallest on-land wind farm in the world."

Tourist tax is 'last thing' industry needs

Plans allowing councils to introduce a tax on tourists have been described as the "last thing" the tourist industry needs.

The response was among an otherwise-muted reaction across the north-east, Highlands and islands to the Scottish Government's proposed visitor levy, similar to ones used in cities such as Barcelona, Rome and Paris.

The Press and Journal says First Minister Nicola Sturgeon announced earlier this month that she will press ahead with plans to give councils the power to apply the tax on overnight stays.

She said this could help councils "fund activities related to tourism and related infrastructure".

Aberdeenshire Council leader Mark Findlater, expressing his own opinion, said businesses are "going to the wall".

Deal for stake in Corallian Energy

An unnamed oil and gas major has struck a £32million deal to acquire the controlling stake in West of Shetland operator Corallian Energy.

Corallian's owner, London-listed Reabold Resources, announced the deal, which will net the investment company proceeds of £12.7million.

Only three majors operate in the UK, and only one has direct infrastructure near Corallian's West of Shetland Victory discovery - TotalEnergies.

Energy Voice says neither Reabold or TotalEnergies have disclosed whether the latter is involved in the deal.

Isolde prospect to be drilled

Equinor and Soliton Resources will drill an exploration prospect targeting up to 100million barrels of oil equivalent in the UK North Sea.

The North Sea Transition Authority has granted the pair a Phase C licence, which commits them to drilling an exploration well at "Isolde" in the central sector.

Energy Voice says Equinor holds 85% of Isolde, in licence P2390, after farming in with Soliton in 2019, and has committed to drilling the exploration well.

Rapid expansion of blue hydrogen

New analysis from Westwood Global has shone a light on the rapid expansion of blue hydrogen on both sides of the North Sea.

According to research from the consultancy firm, blue hydrogen projects account for over 16 gigawatts of total announced hydrogen capacity in the UK and Norway.

Energy Voice says that is equivalent to around 90% of the total hydrogen capacity currently in the pipeline.

Europe plans to raise £121billion from non-gas energy suppliers

The EU has laid out plans to raise £121billion by capping revenues for non-gas energy suppliers.

Ursula von der Leyen, European Commission President, said the funds would come from capping revenues for producers of low-cost power such as renewables and nuclear.

She told politicians in Brussels: "In these times, it is wrong to receive extraordinary record revenues and profits benefiting from war and on the back of our consumers. In these times, profits must be shared and channelled to those who need it most."

The Telegraph says other measures under consideration include a windfall tax on fossil-fuel companies and steps to cut energy use to avoid blackouts this winter.

Takeover of Capricorn still on

Tullow Oil has reaffirmed its commitment to an all-share takeover of the rival Capricorn Energy.

The Times says some Capricorn investors have raised concerns that the proposed £1.4billion deal undervalues the business. Last week, the board said it still supported the transaction, but also had engaged in talks with other parties.

Rahul Dhir, Tullow's chief executive, who would run the enlarged group, said yesterday that Tullow was "fully committed" to the proposal.

He said this was because it had the potential "for material value-creation by implementing a combined business plan that accelerates investment in key projects and delivers very significant synergies".

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