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Oil find for PetroNeft in Siberia

Ireland’s PetroNeft Resources has announced a “significant” oil discovery in one of its two Russian licence areas.

Sudan extends offer of oil and gas blocks to India

ONGC Videsh, the overseas arm of Indian exploration and production giant, ONGC Limited, has been offered two oil and gas blocks by Sudan

Bahrain plans airport expansion

Bahrain International Airport (BIA) is to begin a new expansion program that is expected to increase the airport's capacity by 50 per cent.

Novant Health

West Pharma announces consolidation plan

West Pharmaceutical Services, Inc, manufacturer of pharmaceutical packaging and delivery systems, today announced its intention to consolidate selected operations in order to im

Merger of two US oil services providers

Superior Energy Services has announced an agreement to acquire Complete Production Services for $2.7 billion.

Record production lifts Rio Tinto

Rio Tinto has reported record iron ore production levels for the fourth quarter of 2013

US construction spending enjoys modest rise

Construction spending in the US was up slightly more in August than had been expected, driven by an increase in public sector construction funded by federal money.

Kazakhmys signs loan agreement with China Development Bank

Copper producer Kazakhmys has announced the signing of a memorandum of understanding with the China Development Bank for a $1.5 billion loan.

Castillian Resources

After a significant gold discovery at Hope Brook in Newfoundland, Castillian Resources is forging ahead with an aggressive drilling programme to extend the resource and take the

Asian countries remain key to Coca-ColaÔÇÖs growth

Coca-Cola, the world’s largest and most recognisable soft-drinks maker has reported a net profit of $2.3 billion during the third quarter of 2012.

Manufacturing pick-up brings more good news for China

November has brought with it fresh optimism for China’s economy with a report by HSBC saying that the country’s manufacturing activities continue to expand.

Virgin GalacticÔÇÖs space tourism plans move a step closer

A deal has been agreed with the US Federal Aviation Authority (FAA) which will allow Virgin Galactic to charter space flights from its US base