europe news

Tullow finds oil and gas offshore Ghana

Tullow Oil has encountered oil and gas while drilling at its Wawa-1 well offshore Ghana.
Tullow finds oil and gas offshore Ghana

National Grid signs Irish wind power deal

National Grid UK has signed a deal with global renewable energy developer Element Power, awarding it a firm grid connection of 3,000 megawatts.
National Grid signs Irish wind power deal

£9 billion of investment for UK rail

The UK’s transport secretary is expected to unveil £9 billion of investment for UK railways later today.
£9 billion of investment for UK rail

Vodafone acquires TelstraÔÇÖs New Zealand operation

Vodafone Group has announced its acquisition of the New Zealand business of Telstra Corporation for £430 million.
Vodafone acquires TelstraÔÇÖs New Zealand operation

BMW to invest £250 million in UK operations

BMW Group has today announced a £250 million investment in its UK manufacturing operations by the end of 2015.
BMW to invest £250 million in UK operations

BASF to boost paper chemicals capacity

Chemicals manufacturer BASF has said it will expand its vinylformamide (VFA) capacity in Germany and China in order to meet growing global demand.
BASF to boost paper chemicals capacity

Gate Gourmet to acquire Qantas assets

Airline services company Gate Gourmet has agreed to acquire catering facilities owned by Qantas Catering Group in Australia.
Gate Gourmet to acquire Qantas assets

Petra secures loan for diamond mine expansion

London-listed Petra Diamonds has announced that the IFC has agreed to a $25 million loan to expand Petra’s Finsch Diamond Mine in South Africa.
Petra secures loan for diamond mine expansion

ParkerÔÇÖs acquisition of Olaer complete

US-based Parker Hannifin Corporation has successfully completed its previously announced agreement to acquire the Olaer Group, headquartered in Deeside, UK.
ParkerÔÇÖs acquisition of Olaer complete

Heritage invests £541 million in Nigerian assets

London-listed Heritage Oil has invested £541 million in a number of assets in Nigeria, it has been announced.
Heritage invests £541 million in Nigerian assets

Veolia divests UK assets

Veolia Water has agreed to sell the UK regulated water activities of Veolia Environnement to Rift Acquisitions for a total of £1.2 billion.
Veolia divests UK assets

Danone takes control of Moroccan dairy

The French multinational food group Danone has taken control of Centrale Laitière, Morocco’s leading dairy products company.
Danone takes control of Moroccan dairy

Maersk Oil to drill new well in North Sea

Maersk Oil, the petroleum arm of Denmark’s AP Moller-Maersk, is to drill a new exploration well on the Maja licence in the Danish North Sea.
Maersk Oil to drill new well in North Sea

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