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Russia's Novatek Recommends 50 pct H1 dividend Hike

  Russia's No.2 gas producer Novatek said on Monday its board of directors had recommended paying 5.1 roubles per ordinary share, or 15.5 billion roubles ($414 million) in total,

Fortum Buys Stake in Wave Power Startup

  Finland's top utility, state-controlled Fortum, on Monday said it has acquired a 14 percent stake in Finnish wave energy developer Wello. Wello has developed

China to Cut Retail Gasoline, Diesel prices

  China will cut the price of gasoline by 105 yuan ($17.10) per tonne and diesel by 100 yuan from Tuesday, the National Development and Reform Commission said on Monday.

Inpex to Sell 25% of Malaysia Oil Block Stake to Santos

  Japan's Inpex Corp said on Monday it has agreed to sell a 25 percent stake in the deep water Block S in offshore Malaysia to Australian oil and gas producer Santos Ltd.

Gazprom Neft Starts Oil Production, Shipments from Iraqi Badra Field

  Russia's Gazprom Neft said on Monday it started commercial production and shipments of oil produced at its Iraqi Badra oil field. Gazprom Neft, the oil arm of state gas company Gazprom ,

Statoil Says Normal Operations at In Amenas Gas Plant Resuming

   Normal operations are resuming at the In Amenas gas plant in Algeria 18 months after a raid by Islamist militants killed forty employees, one of the plant's operators, Statoil, said on Monday.

Cavernous Swiss Power Plant Undermined by Renewable Energy

  Deep in a Swiss mountain, workers have blasted out a cathedral-sized hole for a power plant that will help keep Europe's lights on, but the profit outlook for the 1.

NZ's Lyttelton Port Recommends Offer, to Pay Special Dividend

The board of New Zealand's  Lyttelton Port Co. Ltd recommended minority shareholders accept an offer of NZ$3.95 a share offer from the commercial arm of the Christchurch city council.

RIMPAC Exercise Puts LCS Through Paces

  It was the middle of May, and the littoral combat ship Independence was operating out of San Diego, testing components of the mine warfare mission package. The mission is one that,

NYK Opens New Planning Center in Kumamoto

  On September 1, 2014, NYK and Kozo Keikaku Engineering Inc. established a stowage planning center for container shipping at the Kumamoto office of Kozo Keikaku Engineering Inc.

TNO Receives 'International Media Award for Prevention'

  The Engagementgame developed by TNO in collaboration with partners is the winner of the 'International Media Award for Prevention' in the category Multi Media.

USCG Medevacs Mariner in Port Alexander, Alaska

  The Coast Guard medevaced an 87-year-old female reportedly suffering from complications associated with a lower back injury aboard the fishing vessel Annie B in Port Alexander, Sunday evening.

MHI, IHI & DBJ Join Forces On Investments

  Mitsubishi Heavy Industries, Ltd. (MHI), IHI Corporation and the Development Bank of Japan Inc. (DBJ) concluded a three-way formal agreement today on their respective

ABB Celebrates 125th Anniversary in Finland

  ABB is celebrating today its 125th anniversary in Finland. Founded in 1889 in Helsinki by entrepreneur and inventor Gottfrid Strömberg, ABB Finland is today

China's National Carbon Market to Start in 2016

   China plans to roll out its national market for carbon permit trading in 2016, an official said Sunday, adding that the government is close to finalising rules

Fukushima Fallout: Resentment Grows

   Like many of her neighbours, Satomi Inokoshi worries that her gritty hometown is being spoiled by the newcomers and the money that have rolled into Iwaki since

Modi Seeks Japan's Help for 'inclusive vision'

  Indian Prime Minister Narendra Modi arrived in Japan on Saturday seeking to capitalise on his affinity with Japanese counterpart Shinzo Abe to strengthen security

MARAD Shipbuilding Loan Guarantee

  The launch of the Bravante IX, built in a U.S. shipyard, was from the investments made by the Maritime Administration (MARAD) just three years ago. The investment

Frost & Sullivan’s Excellence Awards 2014 recognises 18 companies

   Frost & Sullivan held its inaugural New Zealand Excellence Awards on 28 August 2014 at Villa Maria, presenting a total of 18 awards to companies across the industries of Food,

Voith Schneider Propellers Drive Double-ended Ferry MS Frisia IV

  Ferries operated by Norden-Frisia AG have been serving the East Frisian island of Norderney for many decades. Navigation in these coastal waters poses special

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