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EPA asked to study gas-drilling technique

PHILADELPHIA, March 2 - Dozens of environmental groups have asked urged the U.S. Environmental Protection Agency to study the hydraulic fracturing technique of extracting natural gas, amid concern that it contaminates drinking water with toxic chemicals. The 63 groups, including ...

Indonesia energy firms welcome government forest decree

JAKARTA - Indonesia's new decree, allowing mining, power plant, transport and renewable energy projects in protected forests, was welcomed by several companies in those sectors. PT Pertamina Geothermal Energy (PGE), a unit of state oil firm Pertamina, said it could now proceed ...

US coal stores fall 0.4 pct for week

HOUSTON, March 2 - Coal stockpiles at U.S. power plants fell 0.4 percent this week but remained 1.1 percent larger than the same week last year, Genscape said Tuesday. U.S. generators -- who rely on coal to fuel about half of U.S. electricity production -- had 56 days worth of ...

BP in $200 mln US shale gas tie-up-source

LONDON, March 1 - BP Plc (BP.L) will form a joint venture with privately owned Lewis Energy to exploit Lewis's Eagle Ford shale gas assets in Texas, in a deal worth about $200 million, a source familiar with the matter said. The transaction is small by the standards of recent ...

Shanghai to ensure clean air for World Expo

p> Shanghai and its neighboring regions are implementing a string of measures to guarantee good air quality and a healthy environment for the upcoming World Expo 2010 to be held in the city from May 1 to Oct. 31. The Shanghai environmental protection bureau told Xinhua Friday ...

Profits surge for China's listed in 2009

p> It has been a bumper year for China's businesses with around 70 percent releasing annual reports listing staggering profits. The rise in profits for China's listed companies in 2009 was spurred by real estate developers and machine manufacturers thanks to a rebound in the ...

Mariner Energy backs FY production view on strong H2

BANGALORE, March 1 - Independent oil and natural gas company Mariner Energy Inc (ME.N) said strong production in the second half of the year, helped by a rise in shelf production, would help it meet its production outlook for the year, sending its shares up as much as 7 percent. ...

Somali pirates set to gain from Asia coal boom

LONDON, March 1 - Booming Asian demand for South African coal will put more ships at risk from Somali pirates operating in the Indian Ocean and raise insurance and freight costs already hiked due to seaborne attacks. Emboldened by rising ransom payments, Somali pirates have ...

Oil rebounds to 80 dollars on weak greenback

NEW YORK, Feb. 24 - Oil prices rebounded back to 80 U. S. dollars a barrel on Wednesday as the dollar lost ground after Federal Reserve Chairman Ben Bernanke said key interest rate will stay low. Market's focus was concentrated on Bernanke's two-day testimony before Congress on U...

Drax calls for biomass support to cut coal burn

LONDON - Britain's biggest coal plant needs better renewable energy support to invest in new facilities to burn woodchips instead of coal and fully utilize its existing carbon cutting capability, the chief executive of Drax told Reuters on Friday. Under Britain's existing ...

French primary energy consumption falls by 5 percent in 2009

PARIS, Feb. 8 - The French consumption of primary energy decreased 5 percent in 2009, mainly due to economic recession, the General Commission for Sustainable Development said on Monday in an economic report. The report said France has consumed 251 million tons of oil equivalent ...

Marathon Oil sees lower 4th-qtr refining margins

HOUSTON, Jan 13 - Marathon Oil Corp (MRO.N) said on Wednesday its fourth-quarter refining margins will drop from a year earlier, while oil and natural gas output is expected to come in at the high end of its expectations. Refining margins have been hurt worldwide as the cost of ...

Venezuela plans blackouts in Caracas, oil town

CARACAS, Jan 12 - Venezuela will switch off lights for hours at a time in Caracas and other cities such as oil town Maracaibo in planned blackouts to tackle power shortages that threaten President Hugo Chavez's support. Officials announced the nationwide electricity rationing ...

Russia-Belarus oil row may escalate to cuts again

MOSCOW/MINSK - Russia warned on Wednesday it could again reduce oil flows to Belarus due to an unresolved pricing dispute, which has already sparked fears of supplies cuts to Europe and pushed oil prices up. Russia had briefly halted supplies to the two refineries in Belarus, ...

Russia may halt oil flows to Belarus refinery

MOSCOW, Jan 13 - Russian oil flows to one of two Belarussian refineries could be suspended within 24 hours because oil firms are unwilling to confirm volumes due to a ongoing pricing dispute, Russia's pipeline monopoly said. "(Oil firms have) confirmed volumes for Mozyr (refinery...

Gold slumps ahead of floor trading closing on weak oil

CHICAGO, Jan. 12 - Gold futures on the COMEX Division of the New York Mercantile Exchange dropped sharply shortly before pit trading closed on Tuesday, catalyzed by falling oil. Silver and platinum both tumbled. The most active gold contract for February delivery lost 22 U.S. ...

World oil demand to grow 1.47 mln bpd in 2011 -EIA

WASHINGTON, Jan 12 - The U.S. Energy Information Administration on Tuesday said it expected world oil demand to rise to 86.65 million barrels per day in 2011, up 1.47 million bpd from 2010. In its new monthly energy forecast, the agency also projected 2011 U.S. oil demand would ...

GLOBAL MARKETS-Oil, stocks slip after China moves to stem growth

NEW YORK, Jan 12 - Commodity prices slid and stocks slumped around the world on Tuesday after China said it would raise banks' reserve requirements in a move that could damp a recovery from the worst global recession in decades. A weak start to the corporate earnings season in ...

EDF to launch formal sale of EDF Energy in weeks

PARIS/LONDON, Jan 11 - French power company EDF (EDF.PA) is set to launch the sale of its British distribution arm at the end of January once new chief executive Henri Proglio completes a management team, sources close to the deal told Reuters. The sale timeline for EDF Energy ...

Oil inches down as weather warms

NEW YORK - Oil prices closed marginally lower on Monday, after early rising to a fresh 15-month high, as the promise of milder weather in the United States took some steam out of the market. Weather forecasters said the worst of the cold spell, which swept across the United ...
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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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