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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 to proceed with Canadian oil sands investment

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.

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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

Tocumen Panama International Airport: The biggest trade route is now in the air

Success has driven more success at the airport.

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.

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

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.

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.

Nissan breaks ground on new engine manufacturing facility in Tennessee

The partnership between the Renault-Nissan Alliance and Daimler reached a milestone today when state officials joined Nissan leaders to break ground on a new manufacturing facil