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New head of Shell revealed

Ben van Beurden has been announced as the new chief executive of Royal Dutch Shell

Road to Corporate Responsibility

A two-day conference is being held in Michigan this week, focusing on global corporate responsibility issues, including raw material transparency, due diligence, ethics and comp

UK Budget 2014: mixed messages on energy

UK Chancellor George Osborne's expected freeze of the carbon price floor came with a £7 billion support package to help manufacturers cope with the rising cost of energy: but th

Pluto LNG commences production

Australia’s Woodside Petroleum has begun producing LNG from its Pluto LNG Project near Karratha in Western Australia, the company announced today.

BC Iron and Cleveland Mining strike Brazilian deal

Junior iron-ore miner BC Iron and Cleveland Mining have both signed a memoranda of understanding (MoU) to acquire a combined 80 percent shareholding over three separate iron-ore

Strong results for Imperial Tobacco

UK tobacco group Imperial Tobacco has reported a rise in first-half net profits of 34 per cent on the back of a strong performance in emerging markets.

TAQA sells stake in Tesla Motors

 

Abu Dhabi National Energy Co. (TAQA) has sold its seven percent stake in US electric automaker Tesla Motors, making a profit of $113 million (£71m) on the sale.

Kvaerner clinches Shell contract

Norwegian EPC specialist Kvaerner has been awarded an engineering, procurement, construction and management contract for the Shell-operated Ormen Lange/Nyhamna onshore facilitie

Centamin buoyed by 2013 production results

Shares in Egyptian gold producer Centamin plc have risen on the news that the company beat its 2013 guidance by twelve percent

First permit granted for deepwater drilling since Gulf oil spill

Deepwater drilling has recommenced in the Gulf of Mexico for the first time since the drilling moratorium was imposed in June after the BP oil disaster.

Cargill signs cocoa agreement with C├┤te dÔÇÖIvoire

Cargill has signed a memorandum of understanding underlining its support for cocoa farmers and the cocoa sector in Côte d’Ivoire, West Africa.

BP to redevelop North Sea oil fields

Oil giant BP is to redevelop two oil fields to the west of the Shetland Islands, it has been announced.

ITC Global invests in West Africa

US-based ITC Global, a provider of satellite communications to the mining, energy and maritime sectors, has acquired the remaining 10 per cent interest in ITC Guinee.

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