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Eagle Oil announces new drilling strategy

Eagle Oil Holding Company, Incannounced today that it has concluded a new drilling study to further develop the W H Siler Lease in East Texas.

Safeway sale continues the trend for consolidation in the US

An investment group led by Cerberus Capital Management has agreed to purchase the US supermarket firm Safeway

Inflation leads to Russian interest hike

Russia's Central Bank has raised its bank interest rate over concerns about inflation and 'geopolitical tension'

Carrick Gold

Even at today’s prices, the economics of opening a new gold mine need careful attention. Managing director John McKinstry explains.

Silver Wheaton reports record quarterly earnings

Silver Wheaton, the largest silver streaming company in the world, has reported record quarterly earnings, with net earnings for Q3 2010 more than doubling to $69.2 million.

Rolls-Royce wins $1.8 billion Air China order

Rolls-Royce has won an order worth $1.8 billion from Air China to supply and service engines to power 20 new aircraft.

Dreamliner lands at Farnborough Air Show in UK

Boeing’s 787 Dreamliner landed at Farnborough in the UK Sunday for its first appearance at an international air show.

Health Management Associates, Inc.

Gold Fields increases stake in Ghana assets

Gold Fields has agreed to buy an 18.9 per cent stake in the Tarkwa and Damang gold mines in Ghana from IAMGOLD Corporation for $667 million.

Greencore to acquire US firm

Irish convenience food producer Greencore Group has announced it will acquire US-based Marketfare Foods for £22.6 million.

Expro wins North Sea contract

UK-based oilfield services company Expro has secured a £1.5 million well testing contract in the southern North Sea.

DSM receives best contract manufacturing organization award from Biopharma Asia

DSM Pharmaceutical Products, the custom manufacturing and technology business of Royal DSM, was recognized at the 2nd Annual Biopharma Asia Industry Awards in Singapore.

Ukraine aims for energy independence with US help

Achieving energy independence has become a top priority for the country, said Ukraine President Viktor Yanukovych during a meeting in Washington, DC.