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Xstrata posts bumper profits

Xstrata, the world’s largest exporter of coal used for power, said its first half profit more than tripled on the back of a jump in metal prices from a year earlier.

Crossrail

Jeff Daniels looks at what could possibly be Europe’s largest construction project gearing up at the moment beneath the streets of London.

Plans in place to develop Songwe River Basin

Preparations are being made to develop the Songwe River Basin in Kyela, Tanzania.

Boeing revenues soar to new heights

Andritz Hydro

Alcoa to invest up to $300 million in Davenport, Iowa

Alcoa intends to expand its Davenport, Iowa rolled products plant to meet rising demand from the automotive market.

HCA

EuropeÔÇÖs leaders less than united after Berlin summit

More renewables than youÔÇÖd have thought

A new report says existing projects in the USA and Brazil amount to a seventh of equivalent O&G reserves

Made in America

On American Independence Day, we hear that patriotism is the US plays a big role in consumers’ choice of automobiles.

South Africa approves green energy proposals

South Africa’s Department of Energy has approved 19 proposals for renewable energy projects in the second round of its request for bids.

Drug firms announce multi-billion dollar tie-up

Actavis, the US drugs maker, is to buy Dublin-based Warner Chilcott in a deal worth $8.5 billion

Global gold demand to remain strong this year

Global gold consumption for 2010 will be higher than 2009 as a result of increasing demand in India and China, sustained global demand for gold investment, and growth in jewelry