industry

KOZMINO, Russia - Russia launched on Monday a new Pacific oil terminal that will allow the world's largest energy producer to conquer Asian markets and divert some Siberian crude flows away from Europe. "This is a great New Year present for Russia," Prime Minister Vladimir Putin ...
BEIJING, Jan. 3 - A diesel oil leak from a pipeline in northwest China's Shaanxi Province has been taken under control, said the pipeline owner, China National Petroleum Corporation (CNPC) on Saturday. The company said it has immediately shut down the pipeline when the accident, ...
PARIS/LONDON, Jan 4 - France's Total (TOTF.PA) signed a $2.25 billion tie-up with Chesapeake Energy (CHK.N), becoming the latest international oil company to take advantage of low gas prices to snap up shale gas assets. Total said it would take a 25 percent stake in Chesapeake's ...
WELLINGTON, Jan. 3 - The New Zealand government has announced it has met an international obligation to keep stocks of oil in reserve to meet emergencies. Under rules set by the International Energy Agency, New Zealand is required to hold 90 days worth of oil use in reserve, in ...
MOSCOW - Russia has halted oil supplies to Belarussian refineries after failing to agree terms for 2010, traders said on Sunday, threatening a repeat of a dispute which disrupted supplies to elsewhere in Europe three years ago. Deliveries to Belarus refineries were halted after ...
BAGHDAD - Global companies negotiating multi-billion dollar oilfield deals with Iraq have not yet responded to government requests for amendments to the contracts, a government spokesman said, contradicting an earlier Oil Ministry statement. Ali al-Dabbagh said on Sunday the ...
NEW YORK, Dec. 30 - Oil prices settled above 79 U.S. dollars a barrel on Wednesday as another weekly decline in crude and distillate supplies offset a strengthening dollar. U.S. Energy Department Energy Information Administration reported on Wednesday that during the week ended ...
PHILADELPHIA, Dec 30 - As U.S. energy companies scramble to mine natural gas from shale deposits, state regulators are struggling to keep pace amid criticism that they lack the resources to enforce environmental laws. Shale gas trapped deep underground is considered one of the ...
NEW YORK, Jan. 6 - Oil refreshed its 14-month high with a settling price above 83 U.S. dollars on Wednesday as more risk-prone investors shrugged off a surprisingly bearish inventory report. Crude futures rallied for the tenth straight session on Wednesday. Light, sweet crude for ...
BRUSSELS, Dec. 29 - The European Union (EU) Tuesday welcomed Russia's assurance of oil supplies via Ukraine to the 27-member bloc . The European Commission, executive arm of the EU, said that the Russian government informed it that Russia had reached an agreement with Ukraine on ...
MOSCOW, Jan. 6 - Belarus said on Wednesday Russia had broken down talks over Russian oil deliveries to the former Soviet neighbor, the Belarusian state news agency BelTA reported. Russia and Belarus held negotiations over the supply of Russian crude for 2010 in Moscow on ...
BUDAPEST, Jan. 6 - Hungary's oil and gas company Mol was found to be the country's biggest business last year based on revenue, followed by Audi Hungaria and E. ON Natural Gas Trade, business magazine HVG reported on Wednesday. This is the fourth year in a row that HVG has put ...
DUBAI - Qatar is in "serious" talks with investors to build a $1 billion solar power project, an Arabic-language daily said on Wednesday, citing an executive. "Qatari and foreign entities are in serious talks... and a final agreement that will set the project's road map is ...
SAN FRANCISCO, Jan 5 - Most U.S. oil and gas companies expect steady or rising employment levels this year as demand for oil and gas grows after slumping in 2009, according to a survey of the companies' chief financial officers. U.S. accounting firm BDO Seidman LLP said on ...
NAIROBI - Kenya invited on Tuesday tenders for the construction of a 10 megawatt wind power project on the outskirts of the capital, after receiving a 20-million-euro ($28.60 million) loan from Spain. "The Kenya Electricity Generating Company (KenGen) invites sealed tenders from ...
HONG KONG/TORONTO, Jan 4 - Canada-listed coal miner SouthGobi Energy Resources (SGQ.TO) plans to raise about $400 million from a Hong Kong initial public offering this month, according to a term sheet obtained by Reuters. The news sent shares of SouthGobi up 4.3 percent on Monday...
TORONTO, Jan 5 - ARC Energy Trust (AET_u.TO) said on Tuesday it had raised C$252 million ($242 million) in a bought deal equity offering to help pay off the acquisition of natural gas assets in December. The conventional oil and gas royalty trust said it would use part of the ...
SEOUL, Jan 5 - South Korea's LG Electronics Inc (066570.KS) is aming for about 5 trillion won ($4.36 billion) in sales from its air conditioner business in 2010, making up for sharp declines suffered in 2009, a top executive said on Tuesday. LG, the world's top maker of home air ...
Russian oil continues to flow to Belarus and via Belarus to the European Union despite a failure by Moscow and Minsk to clinch a new oil supply deal at talks on Saturday, a Russian Energy Ministry spokeswoman said on Sunday. "Belarus is holding back the negotiation process. ...
PRAGUE, Jan 11 - Miner New World Resources (NWR) (NWRS.L) (NWRSsp.PR) has agreed to sell its NWR Energy subsidiary to the Czech unit of Dalkia (VIE.PA) (EDF.PA) for approximately 122 million euros ($174.7 million), it said on Monday. The sale could be adjusted by no more than 6 ...
Page 956 of 1263 |< << 952 953 954 955 956 957 958 959 960 >> >|
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 ...
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 ...
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 ...
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 ...