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Asia:ADB sells clean energy bonds worth $232.2 million

As a first step towards promoting clean energy in the region, ADB has sold $232.2 million in Clean Energy bonds. In a statement issued here, ADB said its inaugural Clean Energy bond issue follows the successful sale in April of its first Water Bond that is supporting ADB s work ...

Middle East:Iran says starts exporting self made gasoline

Iran on Tuesday said it had started exporting domestically produced gasoline after achieving self sufficiency in production. According to National Iranian Oil Company (NIOC) the first shipment of Iran's gasoline has been exported but didn t reveal the destination. The company ...

Middle East:OPEC basket price eases

Organization of the Petroleum Exporting Countries (OPEC) on Wednesday said its basket price settled at $74.87 a barrel on Tuesday. According to the Vienna based oil cartel the price was dropped by $0.19 per barrel. The group's 12 countries produce more than a third of global oil ...

China:China's CNPC finds gas in Turkmenistan

China s state owned China National Petroleum Corp (CNPC) on Tuesday announced fresh discoveries of gas in Turkmenistan s Amu Darya River basin. According to CNPC, it had struck a steady flow of 1.439 million cubic metres of gas and 36.2 cubic metres of condensate oil from ...

Americas: October US propylene contracts expected flat amid stable spot

p>US propylene contracts were expected to be flat in October as sources reported one seller was looking to roll September contracts. Further details were not available at time of publication. Participants, however, noted that an increase was unlikely. One seller was rumored to be ...

Americas:US boats, yachts to run on wind-powered battery

International Battery is planning to run boats and large yachts on batteries. The U.S. manufacturer, designer and developer of large-format batteries and energy storage units said it is joining hands with Electric Marine Propulsion to build hybrid power units for big boats and ...

Asia: Japan's Shin-Etsu operates expanded US PVC plant at 100%

p>Japan's Shin-Etsu Chemical is operating its expanded PVC plant in Plaquemine, Louisiana, at 100% of capacity, sources close to the company said Wednesday. The plant was restarted in September after completing expansion works, however, the exact date is not known. Shin-Etsu's ...

Middle East: UAE's Borouge sets up new marketing and sales company in Beijing

p>The UAE's Borouge has established a new marketing and sales company in Beijing, China, the company said in a statement Wednesday. Through the setup of this new company, Borouge hopes to further its strategic objectives and be better positioned to serve its customers throughout ...

Americas: Enzi blocks mine safety bill from reaching US Senate floor

p>Senator Mike Enzi blocked Democrats' attempt Tuesday to bring mine safety legislation to the floor of the US Senate, likely stalling the bill's progress until after November elections and possibly the next congressional session. The senior Republican from Wyoming, who dispensed ...

Asia:India Oil Cos all set to sell ethanol blended fuel

India s state run oil companies all set to resume ethanol blended petroleum products sale after two year gap as the government hiked sharply the minimum support price of ethanol. India s Cabinet Committee on Economic Affairs had raised the minimum support price of ethanol from Rs ...

Asia: South Korea's LG Chem buys 50% less term naphtha for Jan-Dec 2011

p>South Korea's LG Chem has inked a contract for the term supply of 200,000 mt/year of open spec naphtha for January-December 2011 -- half the amount it bought for January-December 2010 -- trading sources said Wednesday. The contract for the naphtha with a minimum paraffin ...

Middle East: Germany's Helm AG ceases petrochemical trade with Iran: sources

p>Hamburg-based trading firm Helm AG has ceased all petrochemicals trade with Iran, following a decision from the company's management last month, according to market sources Thursday. Sources at Helm confirmed that a letter had been issued to customers during September alerting ...

Americas: West Virginia sues US EPA over 'illegal' mountaintop mining rules

p>West Virginia Governor Joe Manchin said Wednesday the state would sue the US Environmental Protection Agency over what it argues are "illegal" policies aimed at destroying the state's coal industry. At issue are two sets of regulatory guidance, which EPA is enforcing without ...

Americas: Government's early Macondo efforts hampered by confusion: panel staff

p>Confusion, miscommunication and rivalries among federal and local officials hampered efforts to contain the BP Macondo oil spill in the first few weeks after the blowout, according to four new reports released Wednesday by the National Oil Spill Commission. Inaccurate initial ...

Americas: Mystery buyer, mystery price for 500,000 acres of Appalachian leases

p>Billionaire Denver oilman Philip Anschutz's Anschutz Exploration said on Wednesday that it sold 500,000 acres of Appalachian leases prospective to the Marcellus and Utica shales, as well as the Trenton Black River formation, to a single buyer. What Anschutz did not say was who ...

Europe: Russia's Gazprom to buy 20% stake in Bolivia gas blocks from Total

p>Russia's Gazprom plans to buy a 20% stake in an exploration, production and development project for two Bolivian natural gas blocks, Ipati and Aquio, from French oil major Total, the Russian gas giant said in a statement late Wednesday. The agreement between Gazprom and Total, ...

Asia: BP, Azerbaijan's Socar ink deal on exploration in Caspian Sea

p>BP and the Azerbaijan state oil company Socar have signed an agreement for the exploration and development of the Shafag and Asiman structures in the Azeri sector of the Caspian Sea, they said in a joint announcement Thursday. The production sharing contract was signed in Baku ...

Europe: UK's Premier Oil joins Antrim to develop North Sea Fyne field

p>UK explorer Premier Oil has agreed to pay an initial $2 million to Canada's Antrim Energy to jointly study oil development options for the Fyne Area in the UK Central North Sea, the companies said Thursday. Under the terms of the deal, Premier will also have the option to ...

How Iran can respond to a perceived attack on its Nuclear facilities

Sources in the Gulf region report that Iran is preparing for a possible attack by Israel and/or the United States on one or more of its nuclear production units by stockpiling arms and munitions with its proxy militias in Kuwait and Bahrain. This comes as Bahrain arrests 23 ...

Asia:Oil moves towards $77 in Asian trade

World oil prices advanced towards $77 a barrel mark in Asian trade Wednesday mainly after reports of decline in US crude stockpiles. Light sweet crud for November delivery was seen trading at $76.64 a barrel at 12.30 p.m noon Singapore time while Brent crude was at $79.25 a ...
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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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