Disappointing exploration results, high costs and reghulatory uncertainty have led Royal Dutch Shell to abandon its eight-year quest to harvest oil from the Arctic seas off Alaska
The desire to ensure that companies in the engineering sector employ people of diverse genders, sexualities, social background, religion and ethnic origin continues to be a hot topic.
Texas-based Marathon Oil is to sell its Irish subsidiary to the Star Energy Group, a wholly owned subsidiary of Petronas, for $180m.
Employees of EDF Energy are to trial Toyota’s Plug-in Hybrid Vehicle (PHV) as part of a project to evaluate the viability of PHV technology.
Lockheed Martin has received a $51.6 million contract modification to provide 18 High Mobility Artillery Rocket Systems to the US Marine Corps.
GE Energy has won a contract for more than $500m to supply equipment to power the world's largest aluminium processing complex at a single site.
Lloyd’s Register is to play a major role in a two-year programme to test the suitability of bio-diesel for use in powering marine engines.
Alcoa today signed a letter of intent with Korea’s Seohan Industries to form an alliance to produce cast aluminium chassis and suspension components for the automotive industry.
A laser scanner designed to detect cancer-causing compounds in products could help to prevent toxic substances entering the food chain.
Rolls-Royce has won two additional contracts from PetroChina for power systems to be installed on the 4000km-long West to East Gas Pipeline Project in China.