Here are the top business stories making the headlines in the morning newspapers.
Diesel rises again to hit a record £1.76 a litre
Diesel prices in the UK rose by an average of more than 2p in a day as Russia's invasion of Ukraine continues to affect global oil costs.
The BBC said the fuel jumped to a record £1.76 per litre on Tuesday, up from almost £1.74 on Monday.
Petrol prices, which have also increased to record highs, rose to almost £1.65p a litre from about £1.64.The continuing price rises come amid warnings of potential global oil supply problems.
Recent rises in the global price of oil has pushed up prices at the pumps in the UK, but there are hopes recent falls will transfer to cheaper fuel.
No candidate shortage for North Sea jobs
Union leaders say they have not seen a lack of candidates for North Sea jobs, as reported by some recruiters.
With the recent jump in the oil price, some have pointed to a shortage of talent to meet the increasing levels of work being seen in the North Sea.
However, the claims were dismissed by offshore workers, many of whom said the problem lay with poor rates of pay and a prevalence of zero-hour contracts with "no job security".
Union leaders too, concurred with some of these assessments.
John Boland of Unite told Energy Voice: "I am not aware of any major shortages in filling vacancies - although some trades like instrument and mechanical technicians have always been more difficult to fill."
Bumper award for ex-deputy prime minister
Sir Nick Clegg was awarded shares in Facebook's parent company worth almost £10million alongside his recent promotion, according to reports.
The former deputy prime minister and Meta's global affairs chief was given a stock package worth £9.4million, states the Telegraph.
The bumper award, which comes in addition to his annual salary, is reportedly close to the total value of Meta shares he had previously been given since joining the company three years ago.
Sir Nick was previously reportedly paid £2.7million a year.
He was last month elevated to the ranks of Meta's top brass alongside chief executive Mark Zuckerberg and chief operating officer Sheryl Sandberg, and put in charge of the social media giant's thorniest policy decisions.
Sir Nick has led Meta's response to the crisis in Ukraine.
Deal for decommissioning assets
A unit of marine services provider Acteon is to acquire decommissioning assets and personnel from technology group Oceaneering.
The deal will see Claxton - the main brand for Acteon's drilling and decommissioning operations - take on an unspecified number of Oceaneering staff based in Norway, along with some of the company's key decommissioning assets.
Claxton said the transaction includes well and pile abrasive cutting and recovery systems and associated tooling. Conductor drilling, pinning and cutting systems, diamond wire saws, dredges and "various ancillary equipment" are also included in the deal.
Energy Voice says the equipment will initially be deployed from Acteon's bases in Norway, Dubai and Aberdeen.
The value of the acquisition was not disclosed, though the transaction is expected to close by March 30.
Oceaneering employs over 500 people across the UK, including at its regional headquarters in Aberdeen. The company confirmed that no UK-based employees are affected by the transaction.