Update: Anglo American rejects £31bn BHP offer, saying it significantly undervalues the firm
ANGLO AMERICAN has rejected a £31bn (US$38.7bn) takeover offer from its mining rival BHP, saying ...
News - Industry
Ithaca Energy acquires Eni’s UK business in £750m deal
ITHACA Energy is acquiring the majority of Eni’s upstream assets in the UK. The deal will make It...
ExxonMobil to shut down French steam cracker and cut 677 jobs
ENERGY costs continue to pummel the European oil and gas market, with ExxonMobil announcing plans...
Australian minerals and hydrogen research gets A$59m funding boost
A FLOATING device that uses sunlight to produce hydrogen from wastewater and a leaching process a...
Johnson Matthey and bp license process to make jet fuel from farm waste at US$4bn plant
JOHNSON MATTHEY (JM) and bp have licensed their Fischer-Tropsch process to a huge new US$4bn US p...
Enginuity calls for UK engineering and manufacturing stakeholders to help close skills gaps
UK ENGINEERING and manufacturing skills charity Enginuity says employers, training providers, and...
X-energy and Cavendish given £3m to assess Hartlepool ‘gumball’ nuclear reactor
X-ENERGY and Cavendish Nuclear have been awarded £3.34m (US$4.24m) by the UK government to assess...
3M to pay water companies up to US$12.5bn over PFAS contamination
3M will pay US public water companies up to US$12.5bn to tackle PFAS, after a district court gave...
Dow and P&G partner to create polyethylene recycling technology
DOW and Procter & Gamble (P&G) are jointly developing a new process to recover near-virgin qualit...
Iberdrola provides €41bn boost to electrification
IN A BID to accelerate electrification of industry, energy company Iberdrola will invest €41bn (U...
AstraZeneca to buy next-gen cancer therapy company for US$2.4bn
ASTRAZENECA is set to acquire Canadian cancer therapy firm Fusion Pharmaceuticals in a deal worth...
SSAB and Exxon among project partners in US$6bn US decarbonisation scheme
SWEDISH conglomerate SSAB and ExxonMobil are among the companies selected by the US to deliver va...
Joint ventures announce £4bn in contracts for the UK’s East Coast Cluster
NET ZERO TEESSIDE POWER and the Northern Endurance Partnership have announced engineering, procur...
Costain claims world-first as it completes FEED for Teesside elements of the East Coast CCUS Cluster
COSTAIN has created the first digital record of all the above and below ground assets in the Tees...
UK’s Hynet carbon capture pipeline given the greenlight
A PIPELINE that will transport industrial CO2 for storage beneath Liverpool Bay has been approved...
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