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Group of oil giants announce further North Sea investment

A consortium of oil companies, led by BP, has announced it is to invest more than $500 million in an appraisal drilling programme in the North Sea Clair field.

Southwest Airlines to acquire AirTran

Southwest Airlines is to acquire AirTran Holdings, Inc., the parent company of AirTran Airways, for $1.4 billion in a combination of cash and shares.

Canadian mining convention honors Chile, and heralds industry boom

The annual convention of the Prospectors and Developers Association of Canada (PDAC) has concluded this week in Toronto, and the consensus of opinion seems to be that 2011 is go

3D printing moves a step closer to mass market availability

What could become the first mass market 3D printer has raised over $1 million on Kickstarter

Cuadrilla founder sets sights on offshore shale

Dr Chris Cornelius, the founder of shale gas company Cuadrilla, plans to frack for gas in the Irish Sea

Iron ore remains key to BHP

BHP Billiton has joined Rio Tinto in reporting record full-year production figures at its iron ore operations

The balance of oil production power set to shift according to the IEA

A report by The International Energy Agency (IEA) suggests that a steeper than expected rise in US shale oil reserves is about to change the global balance of power between new

Northern Petroleum prepares for UK well test

UK oil company Northern Petroleum has announced the commencement of operations for an extended well test of the Markwells Wood oil discovery in West Sussex, England.

Costain makes revised Mouchel bid

UK construction firm Costain has increased its all-share offer for the business services group Mouchel, valuing it at around £150 million.

MicrosoftÔÇÖs year of transition begins on a high

Microsoft has reported better-than-expected fourth quarter earnings for 2013

Pioneer Resources restarts Australian gold project

Drilling has restarted at the Acra gold project, near to the Kalgoorlie Superpit in Western Australia

Iron ore and coal production pushes BHP towards massive profits

BHP Billiton has posted a 31 percent increase in profit of $7.6 billion

Employment soars in UK wind power sector

Employment in the UK’s wind power industry has surged 91 per cent in just three years, according to a report commissioned by trade body RenewableUK.

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