Business news - 24 June 2016

Augusta Industries Inc. has announced that FOX-TEK Canada Inc., the corporation's wholly owned subsidiary, has partnered with TTK Canada.

Global uncertainty surrounding the consequences of the UK’s vote to leave the European Union has sparked a dramatic slump in oil prices.

Voith has launched a new NX series, which has been specifically for applications in the low power range up to 10 MW.

In light of the results of the EU referendum, the IET has called for an emergency meeting to discuss the damaging impact of Brexit on UK engineering.

Royal Dutch Shell has announced it will work alongside the British government and European organisations.

This is the largest amount ever provided through its Participant Funding Programme.

David Johnson, Managing Director of Tudor International Freight, has said the decision to leave the EU could lead initially to a period of political instability and could cause concern for oil and gas businesses.

Alan Snider has been named President and Chief Operating Officer at Laney Horizontal Directional Drilling.