Press Releases

Ecuador's Correa cruises to new term

Feb 17, 2013 16:52 SGT Strong support for Ecuadorean President Rafael Correa 's re-election will allow the leader to deepen his populist policies, expand oil and mineral extraction and, many fear, further clamp down on the media in the small Andean nation.

Cido boss jailed

Feb 17, 2013 05:48 SGT Cido Shipping boss Kwon Hyuk has been sent to prison for four years and hit with a fine of more than $200m after being convicted of tax evasion.

What Asia's shrimp crisis means for the U.S

Feb 17, 2013 00:00 SGT Disease,looming countervailing duties,the rise of Ecuador-what will it mean for prices in 2013 and beyond?

EIB mulls €850m West of Duddon loan

Feb 17, 2013 00:00 SGT The European Investment Bank (EIB) is considering providing €850m ($1.13bn) of finance to the UK’s 389MW West of Duddon Sands offshore wind farm.

Vestas takes long view as South African project breaks ground

Nov 22, 2012 21:24 SGT With its first large project due to break ground on Monday, all the time and resources Vestas has invested in South Africa over the past decade have “certainly been worth it”, says Phylip Leferink, vice president of sales for Benelux and South Africa.

Vanoil Energy acquires Avana Petroleum for $15m

Nov 22, 2012 20:53 SGT Canada’s Vanoil Energy has agreed heads of terms to acquire Isle of Man-registered private Avana Petroleum in a C$15 million all-share deal.

Aker walks away from NPS deal

Nov 21, 2012 13:28 SGT Norway’s Aker Solutions has walked away from a deal to acquire Dubai-based oilfield services company NPS Energy.

STX in bumper rig deal

Nov 21, 2012 11:17 SGT South Korean shipbuilder signs drillship order with Sigma potentially worth $3.5bn.

 Georgia Power gets green light for 210MW solar initiative

Nov 21, 2012 06:23 SGT State regulators have approved Georgia Power’s plan to acquire 210MW of solar power through 2014, the largest voluntary initiative of its kind by a US investor-owned utility, the subsidiary of Southern Company says.

UK trout market growing at home and abroad

Nov 21, 2012 00:00 SGT Trout producer Dawnfresh is aiming for more UK market share, and new export destinations.