europe news

Green light for Loch Lomond gold mine

Loch Lomond & The Trossachs National Park Authority has approved plans for a 10-year underground gold mine facility in Loch Lomond National Park, Scotland.
Green light for Loch Lomond gold mine

National Grid agrees sale of Onstream

Electricity and gas networks company National Grid has announced the sale of Utility Metering Services (which trades as Onstream) to Macquarie Bank for £274.3 million.
National Grid agrees sale of Onstream

Virgin Money could clinch Northern Rock deal

Sir Richard Branson's Virgin Money is said to be close to purchasing the nationalised UK lender Northern Rock.
Virgin Money could clinch Northern Rock deal

Abellio wins UK rail franchise

Dutch rail operator Abellio Group has been selected by the UK’s Department for Transport to operate the Greater Anglia train franchise.
Abellio wins UK rail franchise

Providence to commence drilling at Barryroe

Ireland’s Providence Resources has announced its intention to commence drilling operations on its 48/24-JBarryroe well in mid-November.
Providence to commence drilling at Barryroe

AMEC wins £150 million BP contract

Engineering and project management provider AMEC has been awarded a £150 million contract to deliver engineering and project management services for the Clair Ridge project, wes
AMEC wins £150 million BP contract

Arcadis to acquire EC Harris

Dutch engineering consultancy Arcadis has announced it is to acquire UK-based consultancy EC Harris.
Arcadis to acquire EC Harris

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.
BP announces major North Sea investment

Rolls-Royce announces joint venture on engines

Rolls-Royce has announced a partnership with Pratt & Whitney to develop next generation engines for mid-size aircraft, as well as a restructuring of the companies’ Internati
Rolls-Royce announces joint venture on engines

SainsburyÔÇÖs unveils ┬ú1 billion sustainability initiative

Sainsbury’s, the UK’s third largest supermarket chain, today unveiled a new £1 billion sustainability plan.
SainsburyÔÇÖs unveils ┬ú1 billion sustainability initiative

ENRC to purchase remaining Shubarkol shares

London, UK-based Eurasian Natural Resources Corporation (ENRC) has announced plans to acquire the shares of Kazak thermal coal producer Shubarkol Komir that it does not already

ENRC to purchase remaining Shubarkol shares

Rio Tinto and Ivanhoe reach agreement with Mongolia on mine

Ivanhoe Mines, Rio Tinto and the government of Mongolia have reached an agreement on the stakeholding of the Oyu Tolgoi project in the Asian country.
Rio Tinto and Ivanhoe reach agreement with Mongolia on mine

Premier to acquire EnCore for £221 million

Premier Oil is to acquire EnCore Oil for approximately £221 million, the two companies have announced.
Premier to acquire EnCore for £221 million

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