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ABB to acquire Baldor Electric Company

ABB continues to make news this week, with the announcement of an offer to purchase US electric-motor manufacturer Baldor Electric Co in an all-cash transaction valued at approx

Chinese exports and imports continue to rise

In news that has brought added optimism that the world’s second-largest economy, China has reported better-than-expected trade data.

Bud rebuffs Stella proposal

BP to proceed with Canadian oil sands investment

BP announces major North Sea investment

Energy giant BP has announced plans to invest almost £10 billion in developing four new North Sea oil and gas projects over the next five years.

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Q1 sales and profits up for Harry Winston

Harry Winston Diamond Corporation announced its first quarter Fiscal 2013 results today for the quarter ending 30 April 2012. 

PolyMet Mining Corp.

Smith Electric Vehicles to add manufacturing facility in New York state

Smith Electric Vehicles Corp, a manufacturer of all-electric commercial vehicles, is expanding its US operations by adding a manufacturing facility in New York State, creating u

Japan makes natural gas history

Where other countries including Canada, the US and China have tried, Japan claims to have succeeded in successfully extracting natural gas from frozen methane hydrate.

Old Mutual joBerg2c reaches new frontiers

While some companies have decreased their investment in sports sponsorship, Old Mutual is finding it an effective tool to reach new frontiers.

Centrica to tap into shale gas reserves

Centrica is in advanced talks to buy a stake in shale gas fields in northern England

Valero completes purchase of Meraux Refinery

Valero Energy Corporation has announced the completion of its acquisition of the Meraux refinery in Louisiana from Murphy Oil USA Inc, for $325 million.