europe news

Into ploughshares

Award winning UK oxygen concentrator developed for the battlefield could save infant lives

UK government ushering in a new nuclear age

The government has given approval for EDF Energy to build the first new nuclear power plant in the UK for generations.

Weir Minerals helps push Weir Group to record profits

Glasgow-based engineering firm Weir Group has reported record annual pre-tax profits.

North Sea investment reaches record levels

According to the oil and gas trade body Oil and Gas UK, investment in the North Sea is at its highest rate for 30 years, and is rising.

BHP Billiton chief executive announces his resignation

Marius Kloppers, chief executive of mining giant BHP Billiton, has announced he is to leave the company in May.

Two new Darwin field discoveries made

The Abu Dhabi National Energy Company (TAQA) has announced the discovery of a new oil field in the North Sea.

Liberty Global to purchase Virgin Media

Ukraine looking to tap into its shale gas potential

CEDC and Russian Standard agree revised transaction

Alcoholic beverages producers and importers Central European Distribution Corporation (CEDC) and Russian Standard have agreed a revised transaction for their strategic alliance.

BAE to supply aircraft to Oman

Novelis breaks ground on $250 million aluminium recycling plant in Germany

Novelis today broke ground on a $250 million aluminium recycling and casting centre at its plant in Nachterstedt, Germany.

South Stream pipeline gets the go ahead

Russian oil giant Gazprom has a formal commitment to building a pipeline that will eventually deliver Russian gas to Southern Europe. 

H&M leads the world in use of organic cotton

Swedish clothing retailer H&M was the biggest user of organic cotton worldwide for the second consecutive year in 2011, according to Textile Exchange's latest Global Sustain