Here are the top business stories making the headlines in the morning newspapers.
Call for 'every last drop' of oil to be produced from the North Sea
Cabinet member Jacob Rees-Mogg has downplayed the earthquake risks from fracking and suggested "every last drop" of oil should be extracted from the North Sea.
The Press and Journal says the Brexit opportunities minister compared the fracking threat to "a rock fall in a disused coal mine" as No 10 confirmed the energy security strategy will be published on Thursday.
The plans have been repeatedly delayed as ministers are divided on the possible end of the fracking ban and a shift to more onshore wind turbines south of the border.
The energy strategy was promised in response to demands to divest from Russian fuel over its invasion of Ukraine and to address a growing cost-of-living crisis.
Mr Rees-Mogg stressed the need for oil firms to be able to keep their profits amid calls for a windfall tax to ease spiralling bills "so they get every last drop out of the North Sea".
Fast-growing Centurion Group takes over RMEC
Energy services firm Centurion Group has completed the acquisition of Angus-based rental company RMEC for an undisclosed sum.
Billed as a "market leader" in the field of well services, RMEC provides adjacent services to existing Centurion divisions, expanding the Dyce-headquartered company's product and service footprint.
With a headcount of around 35 employees, RMEC supports clients through the life cycle of their assets.
Energy Voice says the acquisition will give private-equity backed Centurion greater access to the decommissioning market on a global scale.
It also further positions the group to benefit from the bounce back in oilfield services, the energy-decarbonisation drive, the growth in the mineral resources sector and the expansion of renewables.
RMEC is Centurion's third acquisition in 2022 alone.
Warning of climate catastrophe
Countries are said to be "sleepwalking to climate catastrophe" if they continue to rely on fossil fuels - and nations racing to replace Russian oil, gas and coal with their own dirty energy are making matters worse.
The New York Times reports that this warning has come from United Nations Secretary General Antonio Guterres.
The ambitious promises world leaders made last year at a climate summit in Glasgow were "naive optimism", said Mr Guterres.
Nations are nowhere near the goal of limiting the average global temperature rise to 1.5C by the end of this century - the threshold beyond which scientists say the likelihood of catastrophic impacts increases significantly. The planet has already warmed an average of 1.1C.
And the pollution that is dangerously heating the planet is continuing to increase. Global emissions are set to rise by 14% in the 2020s, and emissions from coal continue to surge, he added.
Tesla founder invests heavily in Twitter
Elon Musk has taken a 9.2% stake in Twitter, according to a US securities filing.
The announcement sent Twitter shares soaring by more than 27% in New York trading on Monday.
The Tesla founder owned 73,486,938 shares in the social media platform as of March 14, according to the Securities and Exchange Commission.
The BBC says the stake was worth £2.2billion based on Twitter's closing price on Friday.
It makes him the largest shareholder in the company, with more than four times the 2.25% holding of Twitter founder Jack Dorsey.
Mr Musk is a regular Twitter user with more than 80 million followers.
Channel 4 to be privatised
The UK Government has decided to go ahead with plans to privatise Channel 4.
The BBC states a source said that ministers believed public ownership was holding the broadcaster back "in the face of a rapidly-changing media landscape".
Plans for the sale, on which there has been a public consultation, will be included in May's Queen's Speech.
But Channel 4 called it "disappointing" that ministers had made their decision despite "significant public interest concerns" over privatisation.
Money made from the sale will be reinvested in a "creative dividend" to be shared among the TV industry, with some of it earmarked for independent production companies.
Channel 4, founded by Margaret Thatcher's Conservative government in 1982 to deliver programmes for under-served audiences, is funded by advertising but is publicly- owned.