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Sasol assists universities to help bridge critical future science and technology skills issues

Sasol injected an annual amount of R25 million into academia to ensure the development of world-class science and engineering graduates, to help retain and attract talented academics to teach at our universities, and to grow the engineering profession. The investment is part of a ...

AkzoNobel Strengthens Protective Coatings Portfolio

AkzoNobel has strengthened its world-leading Marine & Protective Coatings portfolio following the acquisition of the Enviroline business from Floridabased Industrial Environmental Coatings Corporation. Enviroline is a specialist supplier of high performance, corrosion-resistant ...

Asia oil refiners brace for OPEC supply curbs

TOKYO - Asian oil refiners said on Monday they had yet to receive notice of curbs on their Gulf crude shipments after OPEC agreed to cut output last week, but most were bracing for a likely 5 percent reduction in supplies. The Organization of the Petroleum Exporting Countries ...

India oil min to visit Russia, seek energy assets

NEW DELHI - India's oil minister Murli Deora will visit Russia early next month and seek Moscow's help in securing stakes in energy assets there, Indian government officials said on Monday. India, Asia's third-largest oil consumer, and its larger rival China have both been ...

The oil price needs of OPEC members

Oil's nearly 60 percent slide from a record of $147.27 in July to a low on Monday of $61.30 has very different implications for different members of the Organization of the Petroleum Exporting Countries. Saudi Arabia and other Gulf producers can manage with a relatively low oil ...

Oil turns positive above $64, tracks Asian stocks

SINGAPORE - Oil erased early losses to rise by one dollar to above $64 on Tuesday, tracking a rebound in Asian stock markets as investors returned to buy beaten-down shares. The U.S. dollar's easing from an earlier 2- year high against the euro also helped and traders looked ...

China may lend Russia $25 billion in oil deal

MOSCOW - Russia and China will sign a much-delayed, long-term oil supply deal on Tuesday and Beijing is in talks to lend Russian companies $20 billion to $25 billion in export-backed loans, industry sources said on Monday. The deal will give Beijing access to 300 million tonnes ...

Case Western Reserve University researcher improves LCDs with 3-D nanoimaging process

Charles Rosenblatt, professor of physics and macromolecular science at Case Western Reserve University, and his research group have developed a method of 3D optical imaging of anisotropic fluids such as liquid crystals, with volumetric resolution one thousand times smaller than ...

Yale journal finds nanomaterials may have large environmental footprint

Environmental gains derived from the use of nanomaterials may be offset in part by the process used to manufacture them, according to research published in a special issue of the Journal of Industrial Ecology. Hatice eng l and colleagues at the University of Illinois at Chicago ...

Crude oil prices rise from 16 month lows as OPEC arrives at production cut concensus

Crude oil rose from 16 month lows on news that OPEC members had reached a consensus on the need to trim production. An agreement on the size of the reduction has to be yet arrived at by the oil cartel. A decision for production cuts has been triggered by the need to balance the ...

It is difficult for OPEC to sustain oil price by cutting output

VIENNA -- In the face of the ongoing global financial crisis, it has proved difficult for the Organization of the Petroleum Exporting Countries (OPEC) to sustain oil prices by cutting the output, observers say. OIL PRICE SLUMPS AFTER OUTPUT CUT On Friday, OPEC announced the cut ...

Bibby Scientific: New home of three lab equipment brands

Jenway , Stuart and Techne products are now manufactured and distributed by Bibby Scientific Limited, following Nova Capital s earlier acquisition of Barloworld Scientific. As one of four new companies established by Nova from the former Barloworld business, Bibby Scientific ...

Oil down 4 percent as weak demand outweighs OPEC

NEW YORK - Oil prices tumbled 4 percent on Tuesday amid worries that a global recession would crush fuel demand, limiting the impact of any supply cuts by OPEC. U.S. crude for November delivery, which expired on Tuesday, settled down $3.36 at $70.89 a barrel. London Brent crude ...

Asian projects face delay as credit tightens

p> SINGAPORE--Multi-billion dollar petrochemical projects in Asia could be hit by the financial turmoil as funding dries up amid heightened risk aversion among banks and weakened industry fundamentals, analysts said on Friday. Large-scale projects and big names in the chemical ...

Saudi Arabia not mulling more cash for IMF

WASHINGTON - Saudi Arabia has no plans to offer extra funds to the International Monetary Fund, Finance Minister Ibrahim al-Assaf said on Saturday, quashing speculation it would offer cash to help the IMF battle the global financial crisis. "There were lots of rumors that we were ...

Kuwait to cut output if OPEC decides in Dec

KUWAIT - Kuwait would not hesitate to cut oil output to reduce a surplus on markets if OPEC decides so at its meeting next month, Kuwaiti Oil Minister Mohammad al-Olaim was quoted as saying on Sunday by state news agency KUNA. "Kuwait would not hesitate to support the global oil ...

How low can oil go? A lot lower, but it'll recover

LONDON - World oil prices could easily fall below $50 a barrel and might even slip toward $40 or perhaps $35, but they will recover and could do so fairly quickly, analysts and economists say. Benchmark U.S. crude futures dropped to a 22-month low under $55 on Thursday as ...

Financial crisis hits global oil investment

Nov 13 - The growing financial crisis and plunging energy prices have forced oil companies to scale back spending and delay projects, with expensive ventures in the Canadian oil sands hardest hit. Below is a list of projects that have been delayed or scaled back in recent months, ...

New biodegradable, compostable film with moisture barrier capability

Innovia Films-a leading global producer of speciality high performance BOPP and Cellulose films for packaging, labels-have launched next generation of its flexible, compostable film under the name, NatureFlex at the European Bioplastics Conference. The new film, NatureFlex NK, ...

Russian oil falls below $50, Kremlin defends ruble

MOSCOW - The price of Russian oil fell below $50 per barrel on Thursday for the first time since early 2007, putting further pressure on stocks and the ruble, but the Kremlin pledged to defend the currency until oil falls to $35. Russia's main crude oil export blend Urals traded ...

Latest World News

china

Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...

world

market

IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...

finance

company

Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...

trade

sports

Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...
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