Archive for the ‘Finance’ Category

Wood Group hit by lower oil exploration spending

Tuesday, February 21st, 2017

UK oilfield services company warns profit margins would continue to decline this year

BHP: memory game

Tuesday, February 21st, 2017

Talk of asset sales has been replaced by a focus on growth and new projects

Singapore carbon tax set to squeeze oil groups

Tuesday, February 21st, 2017

SE Asian city-state is home to some of the world’s biggest refineries

BHP Billiton swings back into the black

Tuesday, February 21st, 2017

Anglo-Australian miner buoyed by jump in commodity prices

Vale welcomes moves to end investors’ power pact

Monday, February 20th, 2017

Plan intended to improve corporate governance and lift trading in group’s stock

The busiest airports in Europe

Monday, February 20th, 2017

ANYONE who has tried to hold a conversation in a West London garden will wonder how it is possible to squeeze any more more flights into Heathrow Airport. On average, a chinwag is interrupted every minute or so by a Boeing or an Airbus rumbling overhead. 

And yet each year more people manage to pass through. The latest figures from Airports Council International (ACI), an industry group, show that in 2016 passenger numbers grew by 1% at Europe’s busiest hub, to 75.7m. Charles de Gaulle in Paris, Europe’s second busiest airport, lags way behind (see chart).

Heathrow’s two runways are currently running at the very limit of their capacity. That will change once a third runway opens, perhaps in 2026. But in the meantime the only way for the airport to continue to grow is to service bigger planes. This year Korean Air became the ninth airline to fly A380 superjumbos into the airport….Continue reading

Freeport threatens to sue Indonesia over mine

Monday, February 20th, 2017

US group accuses Jakarta of violating its rights at flagship copper deposit

WorleyParsons: captive of capex

Monday, February 20th, 2017

The oil price recovery needs to continue for the Australian engineer to prosper

Resetting Nigeria’s economy

Monday, February 20th, 2017

Country should never again be exposed to the volatility of commodity prices

Iberdrola condemns EU energy rules as ‘Kafkaesque’

Sunday, February 19th, 2017

Group says government incentives encourage the retention of polluting coal plants