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Americas: US goverment slaps Massey Energy with imminent danger order

p>US mine safety officials used one of their most powerful regulatory tools at the Upper Big Branch mine last week, issuing an imminent danger order to a Massey Energy subsidiary for roof conditions at the underground operation. The order signals that the US Mine Safety and ...

Americas: Pennsylvania governor pushes for severance tax on gas drillers

p>Pennsylvania Governor Ed Rendell called again Tuesday for a severance tax on natural gas producers to generate funds needed to repair road and environmental damage caused by drillers, two weeks before the Republican-controlled Senate of the Pennsylvania legislature reconvenes ...

Europe: UK GAS: Prompt down as Karsto returns, system still short

p>UK prompt gas prices were bearish Wednesday as the Karsto gas processing plant returned from maintenance, allowing higher gas flows on the Norwegian Langeled pipeline, which traders hope will boost the current supply shortage. Day-ahead gas fell 3.10 pence a therm by Wednesday ...

Europe: Plan to scrap US oil tax credits to fund roads a tough sell

p>An Obama administration proposal to eliminate US oil and gas industry tax credits to pay for a new program to build roads, railroads and runways may have a tough time finding support in the few weeks Congress has left to consider it, analysts said Tuesday. But the administratio...

Asia: Australia's 2010 liquids output dips 6% to 456,000 b/d

p>Australia's production of crude oil and condensate fell 6% to 26,083 megaliters (456,000 b/d) in the fiscal year to June 30, 2010, from the previous year's 27,787 megaliters (485,000 b/d), according to figures released Wednesday by the Australian Bureau of Agricultural and ...

China: Yantai Wanhua's MDI Products Used in Aerospace and Aircraft Applications

p>In the Aerospace Industry Cooperation Agreement Signing ceremony held yesterday, China Commercial Aircraft Co. Ltd, China Aerospace Science and Technology Corporation, China Aviation Avionics Co., Ltd signed complete cooperation framework agreement with Yantai Province. ...

Asia: Gazprom CEO, S Korea ambassador discuss hiking Russian LNG exports

p>Russia's Gazprom CEO Alexei Miller has discussed with South Korea's ambassador in Moscow, Lee Youn Ho, the prospects for increasing exports of Russian LNG to Seoul, the Russian company said late Monday. At a meeting in Moscow, the two also discussed prospects for cooperation on ...

Foreign firms eye less developed Chinese regions

Unilever, the world's second-largest consumer goods maker, plans to significantly increase its investment in Hefei, a medium-sized city in east China's Anhui Province. "We will invest 700 million yuan (103 million U.S. dollars) in our production base in Hefei to boost output ...

China: PetroChina Liaoyang Petchem to expand annual topping capacity to 10-mil mt in Dec

p>PetroChina Liaoyang Petrochemical is expected to expand its preliminary crude processing capacity to 10-mil mt this December, a refinery source said. The refinery would upgrade annual capacity of a crude distillate unit from the current 3.5-mil mt to 4.5-mil mt by then, which ...

Energy subsidy : Japan files WTO complaint vs Canada

The tussle between Japan and Canada over its renewable energy subsidy program entered a new phase as the former decided to bring its complaint to the WTO. According to Japanese sources the country will file a complaint with the World Trade Organization against Canada possibly ...

Africa: Coal of Africa gains approval for swap agreement

p>South African coal miner Coal of Africa (CoAL) has received approval from the South African government to complete a farm swap agreement with UK-Australian miner Rio Tinto. The agreement allows CoAL to lodge a new order mining right application for its Makhado coking coal ...

Chinese steel mills give in to monopolies

Steel makers in China are beginning to compromise with monopoly iron ore vendors Rio Tinto, BHP Billiton and Vale. It seems the Chinese iron ore trade in Q2 will be settled at prices already accepted by Japanese and South Korean steel makers. According to reports, this year's ...

Europe: States seek reversal of GHG nuisance suit

p>The attorney general of Indiana was joined by 11 other states in asking the US Supreme Court to overturn a lower court's decision that would allow individuals to use common law to sue sources of greenhouse gas (GHG) emissions. The attorneys general have asked the Supreme Court ...

Europe: BP restarts Macondo relief well drilling

p>BP has resumed drilling a relief well meant to intercept and plug with cement its Macondo well in the US Gulf of Mexico, the company said. BP and the US government paused the relief well in August because of concerns the operation would build up pressure and damage the original ...

Americas: Toray jumps into metallized PET breach

p>Toray Plastics (America) Inc. responded to the global metallized PET shortage with its Torayfan PC3, an advanced metallized polypropylene film, which the company says delivers twice the moisture barrier and three times the oxygen barrier of previous generations of Torayfan ...

Medical extrusion demo planned by Kuhne

The latest medical extrusion line from American Kuhne will be on show at a Kuhne Group open house exhibition in October, accessible to visitors to K2010. The line is based on a modular extruder with barrels and screws that can be changed for product change-over or to change the ...

China: Row rumbles on over dumping duty on Chinese glass fibre

p>The European Composites Industry Association has restated its fears of damage to European composites producers from raised import duty on continuous filament glass fibre products from China. The duty 43 6 per cent is being imposed as a punitive measure by the EU Member States ...

DuPont and Invista settle some of their differences

p>Three law suits being disputed in the USA by DuPont and Invista have been settled, according to a brief statement published today by the two companies. The actions, dating back to 2008, involve polymers technology, adiponitrile (ADN) technology and disputes related to existing ...

Americas: PolyOne Corp sells $360 mln in notes

p>PolyOne Corp (POL.N) on Monday sold $360 million of senior notes, said a market source. The size of the deal was increased from an originally planned $320 million. Bank of America Merrill Lynch, Morgan Stanley and Wells Fargo Securities were the joint bookrunning managers for ...

China: NE. China still ranks as China's top gasoline producer in Aug: NBS

p>Northeast China was still the largest gasoline producer in China in August, producing 1.37-mil mt, occupying 21.25% of the total output of China, showed data from the National Bureau of Statistics. Northeast China with major refineries clustering always tops all gasoline ...

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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