Latest News

A 200-year-old Sheffield metal- basher is considering building a 15,000-tonne press - one of the world's biggest - to satisfy the demand for parts arising from the global renaissance in nuclear power.

Sheffield Forgemasters (SFI), which was on the verge of bankruptcy two years ago before it was rescued by a management buyout, has placed an order for one 4,000- tonne press and is weeks away from ordering a 15,000-tonne device as governments worldwide look to nuclear power as a source of non-carbon-emitting energy.

SFI is talking to potential backers about funding the

The Indian Government wants to end talks with German negotiators on a possible $10 billion (

A car that runs on air and releases no pollutants into the atmosphere at low speeds could be on sale in India as soon as this year.

The three-seat fibreglass OneCAT weighs only 350kg (770lb) and is expected to be priced at about

Audits of several players in the petroleum industry have revealed extensive failure in maintenance management. The Petroleum Safety Authority Norway (PSA) takes a serious view of the non-conformities and expects a clear improvement in the industry.

The non-conformities were reviewed and discussed with representatives from the players during a meeting with the Petroleum Safety Authority Norway in 2007.

The non-conformities, particularly the deficient criticality classification of systems and equipment on the facilities, entail that the industry does not have a good enough overview of what must be maintained. Similarly, there is not a good enough overview of how extensive and resource-intensive the need for maintenance is, and what risks the personnel carrying out maintenance work are exposed to.

Gazprom says Ukraine's debt has built up since November 2007
Russian gas monopoly Gazprom has warned Ukraine it will reduce its gas supplies from next Monday if a $1.5bn (

link

Airbus has had long-running battles with US competitor Boeing.
 
Some of the biggest names in European industry have begun a public-private partnership with the EU to produce greener aircraft. Airbus, Dassault, Saab and Rolls Royce are all taking part in the 1.6bn euro (

If the world is to end the threat from climate change, we need to produce more with less energy, says Mark Moody Stuart. In this week's Green Room, he outlines his vision that will help society fulfil this goal. Consumer opinion and choice is important, but it will not do the trick on its own
 
To address the climate challenge we need to reduce the carbon content of our energy by at least half. But at the same time we must learn to generate a unit of GDP for about half the energy which we use at present.

Energy efficiency and carbon content of energy are equally important, but they require different approaches to achieve them. I am a great believer in both the power of consumer choice and the market. As we come to understand the consequences, we do tend to make greener choices.

The first Dreamliners will not be delivered until early 2009

Boeing has reported rising profit for 2007 after higher commercial aircraft sales made up for falling business at its military divisions. Net income for the last three months of the year rose 4% to $1.03bn (

Invensys Rail Group (IRG) has strengthened its Indian operations with two major managerial appointments.They are new Managing Director Raviprakash Karcherla and new Head of Business Development Alok K Sinha.

With twenty five years of experience in the Indian rail industry, Karcherla has led IRG