Seoul - South Korea's STX Group, the world's seventh largest shipbuilder, announced on Friday it had agreed to build a 430 million dollar shipyard in Azerbaijan with local partners.
Brussels - The European Commission on Thursday placed Gaz de France under investigation over claims the company violated European Union competition rules by deliberately limiting the amount of gas
Nairobi/Abuja - Nigerian President Umaru Yar'Adua has asked the nation's state-run oil company to demand around two billion dollars in arrears from oil companies Royal Dutch Shell and ExxonMobil,