Aberdeen-based Aiken Group has reported that the company has secured deals worth in excess of £14 million since the beginning of this year. In 2013, the company reported a 4% rise in revenues to £13.33 million, and work won since t... Read More


Car production in the UK grew at its fastest rate in nearly two years in April, boosted by the introduction of new models and growing demand from Europe. Factory output rose 21.3pc last month to 133,497 cars, the biggest monthly increase s... Read More


General Electric (GE) said it would keep Alstom's nuclear unit in France if a $17bn bid for the French engineering company's energy-related operations is accepted. The American company has also agreed to give Alstom three additiona... Read More


In just over five years Britain will have run out of oil, coal and gas, researchers have warned. A report by the Global Sustainability Institute said shortages would increase dependency on Norway, Qatar and Russia. There should be a "... Read More


Technip was awarded by Marathon Oil Norge a contract for the extension of subsea infrastructure on the Alvheim field, located on the Norwegian Continental Shelf. The scope of work includes installation engineering, procurement, fabrication, instal... Read More


LONDON (Reuters) - The British government has named support services and construction firm Carillion as the preferred bidder for a five-year contract, worth up to 1.7 billion pounds ($2.86 billion) to manage its military housing estate. The Mi... Read More


Tony Hayward has been appointed chairman of Glencore Xstrata following a year-long search to replace Sir John Bond. Former BP chief Tony Hayward to step down from Genel Energy in due course for permanent role at FTSE 100 commodities giant ... Read More


 Rolls-Royce has agreed to sell in its gas turbine and compressor energy business to Siemens in a £1bn deal. The British engineering company, which last week said it was talks the German company over the business, wil... Read More


Britain has already approved enough renewable energy projects to hit its EU targets, rendering all 1,000 projects still in the planning system surplus to requirements, new analysis claims. Government figures show that 35 gigawatts (GW) of ... Read More