BP signalled the end of its nine-year joint venture in Russia today after confirming it would pursue the sale of the 50% shareholding.
Rockefeller and Rothschild dynasties team up for deal
Thursday 31 May 2012
As if they weren't already well-connected enough, the world's two greatest dynasties joined forces yesterday as Europe's Rothschild banking clan bought a stake in the Rockefeller group's wealth and asset management business to gain a foothold in the US.
Market Report: Sir Frank Chapman in the money but sell-off hits BG price
Thursday 31 May 2012
Pocketing £4.7m is not bad going by anyone's standards. That is how much Sir Frank Chapman has netted after the BG boss decided to cash in a chunk of shares, news of which left the blue-chip energy explorer among the worst fallers on the top-tier index yesterday.
Cape appoints Joe Oatley as new chief executive after profits warning
Thursday 31 May 2012
The energy engineering services group Cape has parachuted in a new chief executive days after a shock profits warning wiped nearly 40 per cent off its value.
Sellafield 'needs extra £276 million of taxpayer’s money to complete UK's biggest nuclear construction project'
Wednesday 30 May 2012
The company in charge of running Britain’s nuclear reprocessing operation at Sellafield in Cumbria said today that it needs an extra £276 million of taxpayer’s money to complete the single biggest nuclear construction project in the UK.
Government issues price warning to petrol companies
Wednesday 30 May 2012
The Government is to take action to get petrol companies to pass on cuts in global oil prices to motorists at the pumps.
Household energy bills will top £1,500 within three years, forcing millions to ration heating
Wednesday 30 May 2012
Household energy bills will top £1,500 within three years, forcing millions to ration their heating, according to comparison site uSwitch.
Investment View: Despite the silly moniker, Aveva is a name to follow
Tuesday 29 May 2012
Aveva OUR VIEW: Buy. SHARE PRICE: 1,638p (+157p)
Two in hospital after factory fire
Monday 28 May 2012
Two workmen were taken to hospital following a fire at a factory.
850 jobs at risk as oil refinery closes
Monday 28 May 2012
An oil refinery which went bust is to close after administrators failed to find a buyer or the cash needed to keep it going, putting around 850 jobs at risk.
Inventors free trapped ketchup
Monday 28 May 2012
It is the latest culinary invention to be hailed as the best thing since sliced bread: the non-stick ketchup bottle.
Japanese minister denies tragedy cover-up
Monday 28 May 2012
The chief government spokesman during Japan's nuclear crisis testified yesterday that he did not deliberately mislead the public about the extent of the accident.
Goldman Sachs looks at billionaire's oil break up
Sunday 27 May 2012








