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05.03.2012 14:07Chinese Energy Company Interested in Cyprus' Offshore Natural Gas Field
A Chinese state-owned oil and gas company is among several firms showing interest in investing in Cyprus' offshore natural gas field, the island's interior minister said Sunday, as reported by the Wall Street Journal. Neoklis Sylikiotis05.03.2012 13:25Boeing celebrates 1000th 777
Boeing and more than 5,000 employees, suppliers, customers and government officials celebrated the 1,000th 777 at a special event today. The 1,000th 777 jetliner will be delivered to Dubai-based Emirates later this month. "As the largest 77705.03.2012 12:43GM Cuts Chevy Volt Production for Five Weeks
General Motors Co. (GM), missing sales goals for the Chevrolet Volt plug-in hybrid, plans to halt production of the sedan for five weeks beginning later this month rather than discount the high-technology cars, Bloomberg reported. GM will05.03.2012 12:03BP Reaches USD 7.8 Billion Deal With Gulf Spill Victims
BP Plc said it reached a USD 7.8 billion settlement with businesses and individuals over the 2010 Deepwater Horizon oil rig disaster, removing one of three major litigation fronts facing the company over the biggest offshore spill in U.S. history. BP02.03.2012 16:35Poland Decreases Quantities of Expected Shale Gas Reserves
Poland’s estimated shale gas reserves, believed to be the largest in Europe, may be cut once data is analyzed from the country’s first wells, the Polish Geological Institute said. “Core logs from Polish wells are being02.03.2012 14:41Boeing, Air Astana Announce Order for Four 767-300ERs and Three 787 Dreamliners
Boeing and Air Astana have announced an order for four 767-300ERs (Extended Range) and three 787-8s. The order is valued at USD 1.3 billion at current list prices, making this the largest single order for commercial airplanes in Kazakhstan's history,02.03.2012 12:05Scania Switches to Fossil-Free Fuel in Internal Transport Services
Scania is now taking a further step in its efforts to reduce the climate impact from its own operations. Using renewable bioethanol as a fuel rather than fossil-based diesel will help reduce the climate impact of carbon dioxide emissions from Scania’s02.03.2012 11:31Japan Government to Take Majority Stake in Tepco
The Japanese government is set to take a majority stake in Tokyo Electric Power Co in return for injecting 1 trillion yen (USD 12.4 billion) in taxpayer funds, a more aggressive plan than recent talk of the government just having veto rights over01.03.2012 16:43Siemens to deliver an additional 20 Desiro regional trains to Britain
Siemens Infrastructure & Cities has won a contract to supply 20 Desiro UK electric regional multiple-unit trains. With these trains, the rail operator London Midland will expand its connections for commuters traveling to London and the operator01.03.2012 12:11RWE Biomass Power Plant in the UK Shut Until July after Blaze
Two out of three units at RWE npower's new biomass power plant at Tilbury in Essex in southeast England shut down on Monday following a fire, will not restart before the end of July, the operator said. "Following the serious incident at Tilbury01.03.2012 12:09Western Sanctions Already Disrupt Iran Oil Exports -EIA
Western sanctions on Iran are disrupting its oil exports and further restrictions could tighten global oil markets already hit by a rash of outages in other countries, a report required by the recent U.S. sanctions law said on Wednesday. With28.02.2012 17:15Lego Owners Invest USD 500M in German Offshore Wind Park
The family firm that controls Denmark's Lego is buying almost a third of a German offshore wind power project in an unusual foray outside the toy business to showcase its green credentials to customers, Reuters reported. Lego's parent company,
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