GE Launches The World’s Largest Passenger Jet, GE9X
The world’s largest jet engine took its maiden flight over the Mojave Desert on Tuesday. The engine is a showstopper. At 134…
Shell announces sale of New Zealand interests to OMV for USD 578mln
Royal Dutch Shell plc (Shell), reached an agreement today to sell its shares in Shell entities in New Zealand, to OMV for USD…
World’s largest oil and gas conference, OTC celebrates its 50th Edition
World’s largest oil and gas conference and exhibition marks a milestone
in technical achievements and innovations
Houston, Texas,…
Lufthansa achieves record results after Air Berlin bankruptcy
Frankfurt - German airline Lufthansa has achieved its best results ever following the bankruptcy of smaller rival Air Berlin last…
Study: Sand shortage means construction costs could spiral in Germany
Berlin (dpa) - Looming bottlenecks in sand supplies could cause a rise in construction costs in Germany, according to information…
Siemens plans 1 billion euros’ investment in Brazil
Sao Paulo/Munich - German electro-technology giant, Siemens announced plans on Wednesday to invest some 1 billion euros (1.2…
Mountain hares in the Alps threatened by climate change, study says
Bern - Climate change is endangering the future of mountain hares in the Alps, and their decline will impact other animals,…
Merkel, German cabinet sworn in after months of political deadlock
By Klaus Blume, dpa
Berlin (dpa) - Angela Merkel and her new cabinet have been sworn in to office before Germany's lower house…
Indonesia Eyes More Nigerian Crude Oil
Nigerian crude oil has again proved its enormous prospects as the beautiful bride of the global oil market with Indonesia…
OPEC daily basket price drops to $61.85 per barrel
The price of Organisation of Petroleum Exporting Countries, OPEC basket of 14 crudes stood at $61.85 a barrel on Thursday,…