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Construction

​UK oil industry ‘close to collapse’ as price plunges below $60 per barrel
Britain’s oil industry is in a “crisis” and may be “close to collapse,” a senior oil industry expert has said, as the UK’s biggest oil and gas companies continue to cut staff and investment and the price of crude slumps.

18.12.2014 12:03

Canada pressures US to pass Keystone XL as falling oil prices threaten project
The Keystone XL pipeline may no longer make economic sense to build, thanks to falling global oil prices. However, Canada's natural resources minister is in Washington to push hard for the project’s construction.

15.12.2014 21:13

Financial steal: Abu Dhabi investors snap up Scotland Yard
Investors from Abu Dhabi have secured a deal to purchase the iconic Scotland Yard building in St James’s Park. The building, which has housed the Metropolitan Police Service since 1964, sold for a reported £370 million.

10.12.2014 14:03

See no evil, hear no evil? UK building firm linked to Qatari human rights violations
One of Britain’s largest construction firms has been linked to severely sub-standard working conditions for migrants in Qatar. Over 1,000 foreign workers perished in the Gulf state between 2012 and 2013, a government report shows.

09.12.2014 14:00

Big Oil, corruption & Islamist weapon sales blight UK-Somalia relations – UN
Britain’s relationship with Somalia has come under scrutiny after a report detailing corruption in the east African nation was published by the UN. The Security Council report claims Somalia has traded arms with Islamist militants.

18.11.2014 14:03

​Giant Russian hydroelectric plant relaunched at full capacity after 2009 catastrophe
Russia’s Sayano-Shushenskaya hydroelectric power plant, one of the world’s most powerful, has resumed operations at planned capacity after completion of repairs and will provide stable energy supplies across Siberia for at least the next 40 years.

12.11.2014 07:10

China expected to invest $1bn in Russian solar energy
China’s Solar Systems may become the largest investor in the Russian solar power industry. The company plans to construct a plant for the production of solar panels in Russia’s Tatarstan Republic next year.

29.10.2014 14:50

Smart factories in Germany the answer to growth
As smartphones have revolutionized personal communication, German industry is looking to smart factories to improve the country’s industrial output. Leading the charge is conglomerate Siemens, and a facility in the small town of Amberg.

29.10.2014 13:29

​Art of destruction: Controlled demolition captured on cam (VIDEOS)
While construction of a building might take years and be boring to watch, the demolitions are a spectacular sight. Building implosions have proven to be so popular, they often get turned into a show or go viral on the internet.

26.10.2014 20:51

'Poo power': ​UK firm turns human waste into clean energy
A UK power company has revolutionized the supply of gas to homes in a method that extracts energy directly from human waste.

02.10.2014 14:04

Location, location, location: $1 million parking spaces for sale in NYC
Manhattan’s One Percenters will now have one more type of real estate investment that the have-nots of the world could never hope to afford: $1 million parking spaces. The spots for sale cost more per square-foot than the luxury building’s apartments do.

09.09.2014 21:24

Australia to reverse plan to dump mud on Gt Barrier Reef
The Australian government is pondering a new plan for disposal of waste from expanding the country’s port of Abbot Point, which would see the dredged mud and sand reused on land instead of being dumped by the Great Barrier Reef, as was initially planned.

09.09.2014 11:11